Good News from Mon, 13 August, 2012:

The Founder Institute giving Finnish start-ups a boost

The Founder Institute is a start-up accelerator which has launched over 550 new companies around the world. The Founder Institute is a start-up accelerator which has launched over 550 new companies around the world.
The Founder Institute, the world’s largest early-state start-up accelerator, is arriving to Finland this fall. The Founder helps entrepreneurs create meaningful and enduring technology companies. According to institute’s website, in three years of operation it  has helped launch over 550 companies across 26 cities and five continents - making it  the world's largest start-up accelerator.

“Our goal is to Globalize Silicon Valley by launching 1,000 meaningful and enduring technology companies per year in over 35 cities worldwide,” the company states on its website.

The Founder Institute has an educational approach for coaching. It offers a part-time, four month program, existing and prospective founders can launch their dream company with expert training, feedback, and support from experienced start-up CEOs while not being required to quit their day job.

According to Arctic Startup, the program is for profit and comes at a marginal cost. Applicants must pay €50 for a predictive admission test. Those accepted to the program must pay €750 course fee to cover location fees, dinners, and other running costs of organising the program. This pays for the 16-week program. Furthermore, those receiving funding in excess of $50 000 are expected to pay a one time tuition fee of $4500 to The Founder Institute.

The Founder Institute was founded in 2009 by serial entrepreneur Adeo Ressi, and is operated out of a small office in the heart of Silicon Valley.

www.arcticstartup.com
www.fi.co

MM