Billing itself as the leading online program training underrepresented founders on how to raise money to scale their tech startups, the Founder Gym (FG) has just announced that they’re ready to go forward with yet another cohort.
This cohort, according to their Medium page, will be part of the inaugural fundraising cohort specifically designed for Black women who want to raise money to scale their startup. FG Fundraising Cohort 17 is for all Black women, including trans women.
The best part about the Founder Gym is that they don’t take a portion of equity when they do get you funding for your startup. Rather, they’re a fee- and tuition-based program, and there are even payment plans available for those that can’t afford the tuition all upfront.
For those that don’t identify as Black women, Founder Gym has you covered, too. Although non-Black women can’t apply for this next cohort, there is another cohort that’s available for all underrepresented founders (women, Black, Latinx, Indigenous, LGBTQIA, veteran, etc. founders). Information about that cohort can be found here.
Most impressively, those who participate in the Founder Gym can take comfort in knowing that some of the world’s best founders — including Bozoma St. John (Beats by Dre), Beyoncé’s BEYGOOD Impact Fund, Issa Rae, and Jewel Burks Solomon and the Google for Startups U.S. Black Founders Fund — have all invested in Black women who have graduated from the program.
Statistically, Black woman-run startups have received the least amount of funding across all platforms. That’s what makes cohorts like the one at the Founder Gym so important.
The program is done in partnership with Google for Startups operating for six weeks, from June 7 through July 16, 2021.
FG Cohort 17 is 100% virtual, so founders can participate from anywhere in the world.
The deadline to apply is May 7, 2021. Applications are available here.