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South Park Commons
South Park Commons

SPC Founder Fellowship Spring 2025

Agnostic
Deadline
Feb 17, 2025
Applications
Closed
Location
San Francisco
Duration
-

Applications are closed

The application window closed Feb 17, 2025. This page stays here for the record.

About this program

Program Type: Hybrid (In-person & Online)

Location: San Francisco, New York City

Investment: $400,000 upfront, $600,000 guaranteed in the next venture round

Equity Taken: 7%

Program Duration: 8 weeks (Bootcamp from March 31st to May 23rd, 2025)

Stage: -1 to 0 phase, Pre-seed

Industry of Focus: Sector-agnostic (open to any venture-scale opportunity)

Key Highlights

Program Overview

The SPC Founder Fellowship Spring 2025, organized by South Park Commons, supports entrepreneurs in the early stages of building venture-scale companies. The program offers $1M in funding and bespoke support for founders in the -1 to 0 phase, helping them ideate, iterate, and raise funding from top VCs. Applications are open until February 2nd, 2025.

Investment Details

  • $400,000 upfront for 7% equity via SAFE
  • Guaranteed $600,000 in the next outside-led venture round

Benefits Details and Perks/Credits

  • Over $900,000 in credits and perks from companies including Baseten, OpenAI, Anthropic, Azure, GCP, AWS, Render, RunwayML, Figma, and more
  • Access to SPC community spaces, partners, and programming
  • Luminary chats with tech luminaries
  • Milestone-based workshops
  • Alumni forum
  • Domain experts in various fields
  • Founders network
  • Fundraising support

Program Format

  • No fixed timelines or required demo day
  • Bootcamp from March 31st to May 23rd, 2025
  • Residency phase with no defined end-date
  • Weekly demos, pitch practice, skills workshops, and exclusive events
  • Immediate membership and access to SPC offices, events, and online community upon acceptance

Location or Relocation Requirements

  • Bootcamp requires in-person work in San Francisco or New York City
  • Post-bootcamp relocation is flexible, but staying in a city with an SPC location (SF, NYC, or Bangalore) is encouraged

Cohort Size and Program Frequency

  • Small cohort sizes with one investor for every two companies

Company Types Requirements

  • Open to founders exploring any venture-scale opportunity

Founding Team Preferences

  • Solo founders are welcome, with a preference for those with skills to build and prototype
  • Assistance in finding co-founders if needed

Program questionnaire

24 questions

What South Park Commons asks on its own application. Nothing is answered here, prepare these, then apply on their site.

  1. 1

    Full Name (Founder #1)

  2. 2

    Email (Founder #1)

  3. 3

    LinkedIn (Founder #1)

  4. 4

    Full Name (Founder #2)

  5. 5

    Email (Founder #2)

  6. 6

    LinkedIn (Founder #2)

  7. 7

    Who writes code on the team?

    Keep under 50 characters.

  8. 8

    Share the most impressive personal or professional accomplishment for each founder.

    Possible examples: gold medal competitive programmer, Division 1 college athlete, led the GPT-3 dev team, built a $500k revenue window washing business in college, etc. Feel free to brag. Keep under 1000 characters.

  9. 9

    Where will you be based during the fellowship?

    We require that you and your team (if applicable) are co-located in either San Francisco or New York City for the duration of the 8-week curricular program from late March to Late May 2025. You can relocate after this period.

  10. 10

    Where will you build your company after the 8-week curricular program?

    1- San Francisco Bay Area 2- New York City 3- Bangalore 4- Other - If other, where?