Adeo Ressi’s Founder Institute is steadily expanding, with a new outpost opening up in Seattle. The startup incubator, which just completed its first successful “semester” in Silicon Valley, recently announced expansions to both Washington DC and San Diego, California.
The program was first announced in March 2009. It is a semester-based startup camp for very, very early-stage entrepreneurs and students who have basic ideas for potential startups but have not yet founded a company. 198 founders applied to the program. 79 were accepted, and 66 graduated. 31 companies have been incorporated by these founders so far, and a handful have actually launched (including Skimble and Molo Rewards).
The Seattle session will be headed up by Chris Early, former general manager of Windows Gaming Technology at Microsoft. The Institute already has a number of experienced local and remote CEO Mentors, including Derrick Morton, CEO of Floplay; Bryan Starbuck, CEO of TalentSpring; David Kidder, CEO of Clickable.com; and Bryan Thatcher, CEO of Empressr. Candidates for the program can apply here. There is also an informational event about the Founders Institute in Seattle behing held on November 2. More information here.
The San Diego and Washington DC programs are already picking up speed, with approximately 150 Founders who have applied to participate in the sessions since the two locations launched.