Frequently Asked Questions
We work with university student (undergraduate, masters, and PhDs) and recent alumni (last 24 months) teams. We accept applications from any accredited university in the world.
We work with teams of two or more founders. Our program is for companies that have an idea and can think big about their product to build a scalable company. You don't need to have it all figured out though, that's what we're here to do together.
Technology, Product, and Market
We don't look for a particular kind of technology, product, or market but instead look for a team's ability to formulate their company as a vehicle for delivering a better future to people and the planet. Typically, these are emerging or breakthrough technologies that have a swift go to market time and are highly scalable.
Program Time Commitment and Structure
The time commitment varies per week and on the phase of the program. The first six months are spent amplifying the core of your company. You'll normally have a weekly activity that fits into focus of the month.
These activities optimize your existing efforts. We aim to save you time, instead of adding superfluous busy-work for you.
In the second-half of the program, we focus on fundraising, by introducing you to investors and preparing you for pitches.
Funding and Investment Terms
Our $100K funding when you join the program is a SAFE (Simple Agreement for Future Equity) convertible note that is founder-friendly with no cap and no discount.
We don't take upfront equity. If the note converts into equity, the equity is owned by and all proceeds are returned to our non-profit, a USA 501c3 Yope Foundation Inc. registered in the state of Delaware.
Yope also provides additional investments of $1M to $5M to selective alumni companies. These investments are owned by the non-profit and any proceeds go to support more next-generation innovators and consious innovation activities.
