Selection Process

Stage 1: Fill out interest form below. Once you submit the form, you'll get a link to sign up for a 15 minute call with our team.

Stage 2: If selected to advance, we'll ask you to answer a few written questions and complete a founder reflection activity to learn more about you and your fit for the Founder Studio. We review these submissions on a weekly basis.

Stage 3: If selected to advance to the last stage of our process, we'll schedule a 30 minute call to get to know you better and answer any questions you have about the Founder Studio. We'll get back to you with a final decision within a week, and if it's a yes, we'll talk logistics of when you want to get started.

Founder Studio Details

When does the next Founder Studio start?

We select people for the Founder Studio on a rolling basis. We will work together to find the best start date for you.

What is provided?

Team

  • 3 months of dedicated support
  • Weekly 1:1 with the INVANTI team
  • Monthly progress checks with the INVANTI team
  • Monthly Zoom gatherings with other active founders in the Founder Studio

Process

  • Access to tools, guides and workspaces to move from pre-idea to pilot through our virtual studio
  • Access to knowledge and capacity of our team and our partner Code Works to build low/no-code tech products

Trusted Network

  • Connections to our network to validate problems and concepts for kitchen-table problems in small/midsize cities
  • Invitation to South Bend gathering of past and present INVANTI founders

Potential Funding

  • Opportunity to be considered for a $20k - $50k investment from the Beta City Fund to execute your first pilot

A typical week is made up of two core activities:

Individual Work Time: Using our digital environment and process, you will be able to work through weekly activities that we have laid out to make progress. We can communicate and comment asynchronously, meaning you can work when it's best for you. We expect this to take anywhere from 5-10 hours per week.

Weekly 1:1: This is time set aside for you to meet with the INVANTI team for 30 minutes and talk about progress, where you may be stuck, and the plan for the next week.

FAQs

Who is it for?

The Founder Studio is best suited for people who are looking to start a company within the next six months, have problem areas they are excited about and connected to, and want a partner in turning their experiences into a vetted concept.

What is your track record?

We've helped co-found companies in affordable housing, workforce development, financial health, and more. We've had companies go on to well-respected accelerator programs like TechStars and raise subsequent venture funding, and others choose to bootstrap their businesses.

Do I have to have an idea to apply?

No. We don't require you to have an idea to apply - in fact, we'd much rather you didn't. The process we've built over the last four years, working with dozens of founders, is meant to give you the time and space to thoughtfully explore problems that resonate and systematically iterate on concepts that can solve them. Our goal is quite simple: we want to be your co-founder in creating an impactful business. We believe the best way to do that is to start working together before you have an idea.

What does it cost?

Founders don't pay (in cash or equity) to participate in the Founder Studio. Our goal is to build long-term relationships with future founders, and find concepts that we are mutually excited to start, where our investment and ability to facilitate pilots are attractive to you as a founder.

What kind of companies do you help people start?

We focus on building technology-enabled companies with the potential to serve customers on a national (or international!) scale. Our process is designed to produce companies where the amount of money you make is directly correlated to the amount of impact you create.

How long is the program? Is it full-time? Do I need to be in South Bend?

If you are selected, we commit to working with you in the Founder Studio for three months. The Founder Studio is designed for people to participate in remotely, and most people participate in the Founder Studio while maintaining their full-time work.

When would I need to commit to going full-time with the concept you help me create?

We're looking for people who would be ready to leave their jobs and transition into building a company full-time within the next 6 months if you are able to get to a concept you are excited about starting and we are excited about funding.

What outcome are you expecting from the program?

Our goal is pretty straightforward: we want to co-create a concept for a scalable venture with you that we can invest in. That being said, we know this won't happen for everyone for a multitude of reasons, so it's not expected that everyone will receive an investment offer at the end of the program.