{"id":21127,"date":"2024-05-07T11:54:08","date_gmt":"2024-05-07T11:54:08","guid":{"rendered":"https:\/\/presspay.ng\/news\/?p=21127"},"modified":"2024-05-07T11:54:12","modified_gmt":"2024-05-07T11:54:12","slug":"call-for-applications-gen-f-entrepreneur-in-residence-2024-up-to-250k-funding","status":"publish","type":"post","link":"https:\/\/presspay.ng\/news\/call-for-applications-gen-f-entrepreneur-in-residence-2024-up-to-250k-funding\/","title":{"rendered":"Call For Applications: Gen F Entrepreneur In Residence 2024 (Up to $250k Funding)"},"content":{"rendered":"\n<p>Are you an aspiring entrepreneur or founder with an early idea\/concept in need of a support partner to ignite it? Do you have an innovative idea that just needs that next-step support to move from 0 to 1?<\/p>\n\n\n\n<p>Bootstrapping a new idea is hard. It requires certain skills and most founders can\u2019t take the financial risk.<\/p>\n\n\n\n<p>How can Gen F help you build? We give you an experimentation budget and access to experts to test and launch your idea. You\u2019ll then qualify to pitch for up to $250k in further funding to launch it.<\/p>\n\n\n\n<p><strong>Who is Gen F for?<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Exceptional founders\/aspiring entrepreneurs looking to build out and test their ideas, achieve commercial success, and create outsized, systemic impact.<\/li>\n\n\n\n<li>Outstanding professionals and domain experts looking to make the transition from the corporate environment to entrepreneurship.<\/li>\n\n\n\n<li>Founders looking to build tech solutions that solve Africa\u2019s largest problems and catalyze change.<\/li>\n\n\n\n<li>Entrepreneurs who have a keen eye for local market gaps and a sharp sense of local problems that they are passionate about solving.<\/li>\n<\/ul>\n\n\n\n<p><strong>Who qualifies for the Gen F Initiative?<\/strong><\/p>\n\n\n\n<p>Aspiring founders with a relevant background in building a VC-backable startup. These could be:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Former startup founders who understand what it takes to build startup ideas<\/li>\n\n\n\n<li>Domain experts who have a unique insight into the problem they are trying to solve<\/li>\n\n\n\n<li>Corporate professionals looking to move into entrepreneurship due to a gap in the market that they have identified<\/li>\n\n\n\n<li>Senior operators who have worked in an African startup previously<\/li>\n\n\n\n<li>Founders with a well-researched concept solving a deep African problem in a large market<\/li>\n\n\n\n<li>Founders who are able to commit full-time to refine and validate their concept for 10-12 weeks, and then move full-time into their startup<\/li>\n\n\n\n<li>Ideas with high potential for commercial returns, with embedded impact<\/li>\n\n\n\n<li>Founders who are at the earliest stages of building their startup idea (pre-revenue)<\/li>\n<\/ul>\n\n\n\n<p>During GenF, we provide:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>A competitive once-off budget to run market validation experiments<\/li>\n\n\n\n<li>Working closely with our venture builders to refine your concept and help you prep for IC<\/li>\n\n\n\n<li>If the Investment Committee approves: Free access to our studio services to launch your startup and up to $250 000 in funding available<\/li>\n<\/ul>\n\n\n\n<p>Note: We don\u2019t take payment from founders (in the form of a program fee or otherwise) to participate in GenF.<\/p>\n\n\n\n<p>If this sounds like you, apply&nbsp;<a href=\"https:\/\/docs.google.com\/forms\/d\/e\/1FAIpQLSfgf4uzn7Zv_zrRvTCK44pkJPcjIZws7M6rKDaJXpSUQsaBow\/viewform\" target=\"_blank\" rel=\"noreferrer noopener\">here<\/a>. Applications are accepted on a rolling basis.<\/p>\n\n\n\n<p><strong>Deadline: June 1, 2024<\/strong><\/p>\n\n\n\n<p><strong>Click&nbsp;<a href=\"https:\/\/www.foundersfactory.africa\/gen-f-eir-initiative\">HERE<\/a>&nbsp;to Apply<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Are you an aspiring entrepreneur or founder with an early idea\/concept in need of a support partner to ignite it?<\/p>\n","protected":false},"author":1,"featured_media":21128,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"colormag_page_container_layout":"default_layout","colormag_page_sidebar_layout":"default_layout","footnotes":""},"categories":[43],"tags":[],"class_list":["post-21127","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-entrepreneurship"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Call For Applications: Gen F Entrepreneur In Residence 2024 (Up to $250k Funding) - PressPayNg Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/presspay.ng\/news\/call-for-applications-gen-f-entrepreneur-in-residence-2024-up-to-250k-funding\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Call For Applications: Gen F Entrepreneur In Residence 2024 (Up to $250k Funding) - PressPayNg Blog\" \/>\n<meta property=\"og:description\" content=\"Are you an aspiring entrepreneur or founder with an early idea\/concept in need of a support partner to ignite it?\" \/>\n<meta property=\"og:url\" content=\"https:\/\/presspay.ng\/news\/call-for-applications-gen-f-entrepreneur-in-residence-2024-up-to-250k-funding\/\" \/>\n<meta property=\"og:site_name\" content=\"PressPayNg Blog\" \/>\n<meta property=\"article:published_time\" content=\"2024-05-07T11:54:08+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-05-07T11:54:12+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/presspay.ng\/news\/wp-content\/uploads\/2024\/05\/Gen-F-Initiative.webp\" \/>\n\t<meta property=\"og:image:width\" content=\"1422\" \/>\n\t<meta property=\"og:image:height\" content=\"621\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/webp\" \/>\n<meta name=\"author\" content=\"press_admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"press_admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/presspay.ng\\\/news\\\/call-for-applications-gen-f-entrepreneur-in-residence-2024-up-to-250k-funding\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/presspay.ng\\\/news\\\/call-for-applications-gen-f-entrepreneur-in-residence-2024-up-to-250k-funding\\\/\"},\"author\":{\"name\":\"press_admin\",\"@id\":\"https:\\\/\\\/presspay.ng\\\/news\\\/#\\\/schema\\\/person\\\/d190f9f0919168cffa93a7e976d3057e\"},\"headline\":\"Call For Applications: Gen F Entrepreneur In Residence 2024 (Up to $250k Funding)\",\"datePublished\":\"2024-05-07T11:54:08+00:00\",\"dateModified\":\"2024-05-07T11:54:12+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/presspay.ng\\\/news\\\/call-for-applications-gen-f-entrepreneur-in-residence-2024-up-to-250k-funding\\\/\"},\"wordCount\":416,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/presspay.ng\\\/news\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/presspay.ng\\\/news\\\/call-for-applications-gen-f-entrepreneur-in-residence-2024-up-to-250k-funding\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/presspay.ng\\\/news\\\/wp-content\\\/uploads\\\/2024\\\/05\\\/Gen-F-Initiative.webp\",\"articleSection\":[\"ENTREPRENEURSHIP\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/presspay.ng\\\/news\\\/call-for-applications-gen-f-entrepreneur-in-residence-2024-up-to-250k-funding\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/presspay.ng\\\/news\\\/call-for-applications-gen-f-entrepreneur-in-residence-2024-up-to-250k-funding\\\/\",\"url\":\"https:\\\/\\\/presspay.ng\\\/news\\\/call-for-applications-gen-f-entrepreneur-in-residence-2024-up-to-250k-funding\\\/\",\"name\":\"Call For Applications: Gen F Entrepreneur In Residence 2024 (Up to $250k Funding) - 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