Station F turns its main startup program into an acceleration program
- ByStartupStory | October 26, 2022
Station F, Paris’s iconic startup campus, is completely revamping its Founders Program to transform it into an acceleration programme. Founders who choose to participate in the accelerator will receive numerous benefits. They’ll also have to give Station F a 1% equity stake. Station F is looking for entrepreneurs who are just getting started with the Founders Program. Even if these teams haven’t found a product-market fit, they can apply to be a part of the programme.
When these startups join the Founders Program, the first thing they get is office space at Station F. They will then begin a six-week intensive programme of workshops and classes. For example, they will learn about forming a startup team and determining product-market fit. Startups will then have another six weeks to iterate and execute. After this initial phase, they pitch in front of everyone. Startups will then stay at Station F for another year. At the end of the programme, they pitch their startup once more. The new Founders Program is much longer than the original Founders Program, lasting 15 months in total.
Station F is actually shrinking the size of the Founders Program in order to stay focused on these startups. With its previous Founders Program, Station F could accept up to 200 startups. The Founders Program will now accept 25 startups in two batches per year. Station F makes every effort to match each startup with a hands-on advisor. Some advisors include the founders of Alan, Swile, and The Sandbox, among others.The startup campus has already completed its first batch of 21 companies. These businesses are divided into four categories: web3, fintech, impact, and creator economy.
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