If you have made it here you know how to run a Startup Program. At least, you have an idea of what your program does weekly or monthly. If your Program is still just an idea or a dream you can also stay and learn what your dream could look like. However, do know that we are not looking to tell you how to run your program, that is in your hands. Instead, in this article, we will focus on practical advice that may help make your current program more effective. Touch upon VC Funds, how they function in their day-to-day, and how they can fit into the Founderhood platform. But what is Founderhood? And how can it revolutionize your program? Stay put, we are about to explain it.
The best place to start when it comes to a Program, VC Fund, or any other resource to help startups is by making it very well structured so that the startups can be well organized. Startups are trying to build a business from the bottom up, thus they are very busy and need a lot of space to grow. Programs must give them space and make them aware of what they expect from them so they can structure themselves around the program. For example, giving them a daily or weekly schedule can help them stay in the loop of everything going all and any mentor meetings or training sessions they should attend. Need help providing this structure? Founderhood is the tool for you. Founderhood allows you to track significant metrics and adjust them as the program progresses as well as set up weekly updates to understand your program's insights and founders' progress. Having all your information in one place may be exactly what you need to stay on top of things and keep a vision of everything. Besides, the platform offers the possibility to stay in touch at any time with all participants! Stay organized and flexible with Founderhood.
Looking closer at the details, your program, like many others, probably includes workshops and regular mentor meetings. Workshops can offer extraordinary opportunities to talk to specialized experts in different fields. Mainly, you are trying to give your founders the tools to know how to do things and where to look for the best prospects. To make this as accessible as possible, erase location limitations and engage with your global network of experts on Founderhood. By joining the platform you can offer all the best workshops, in any type of solution, from anywhere in the world. Mentorship is the other building block of a majority of programs. Having a constant companion that is well aware of everything going on in your startup is the ultimate comfort. However, this person must be the perfect fit. We are sure you have a great mentor for every organization. To ensure the possibility of having mentors scattered around locations in your program use Founderhood. Founderhood can host your weekly meetings, and immediately inform all participants if any changes occur regardless of time. Champion flexibility, communication, and comfort by running your program on the revolutionary Founderhood platform. You can have all the basics you have always offered while raising them to their greatest abilities.
All of this is great for Startup Programs but how can this help my VC Fund? A VC Fund is not a program, and the greatest aspect it offers is usually downstream capital. Regardless, especially after the initial investment, it is fundamental for Funds to keep track of the progress of the startup. For example, at 500 Istambul, they have biweekly meetings with their startups in the first six to twelve months after the investment to see results. These meetings are a way to check in on "how can they help?", Venture Capital is not a form of education or strategy development but it is a resource. Founderhood can make these check in's so much easier. For early-stage VC Funds, it can help exceed the number of startups you reach out to globally and track their progress effortlessly every week. For late-stage VC Funds, it can support the next aspiring startups and build up your brand in a global ocean of early-stage startups.
In conclusion, we understand your struggles. Founderhood has set out to support Startup Programs, Early-stage VC Funds, Late-stage VC Funds, and Nonprofits. Through a better organization system and an easier communication flow between everyone on the team, your organization can improve its reach and effect.
Why not try it out? Visit www.theFounderhood.com now to book a Demo and let us make your life a little bit more comfortable.
How to have a successful scouting process? All the best tips on where and how to approach great startups.
What should you ask when looking for Startups? How to evaluate the right fit and the Founderhood application page.