Adeo Ressi’s Founder Institute San Diego outpost has graduated 12 startups in its inaugural program. Announced in March 2009, the Founder Institute offers entrepreneurs and very early stage startups an environment designed to help foster their growth and education. The program, which is now active in nine cities worldwide, holds two four-month long sessions annually in each location, which include mentorship sessions from experienced tech entrepreneurs. The program also has a unique structure that allocates some equity to each of the founders involved, so that they have an incentive to work together.
The Fall 2009 San Diego semester has just graduated 12 startups. Mentors for the semester included Trip Adler, CEO, Scribd; Philip Kaplan, Cofounder, Blippy; and Peter Pham, CEO, BillShrink. The new startups include:
CloudCanvas: an online image editing suite built in HTML 5 that was previewed in the TechCrunch50 Demo Pit.
Live On Campus: an interactive publishing platform for college and university students to share campus information.
XBand Technologies: a consumer electronics device for cyclists to do advanced performance, nutrition and hydration motoring.
The Founder Institute is a global network of startups and mentors that helps entrepreneurs launch meaningful and enduring technology companies. Through a four month pre-seed incubator program, you can launch your dream company with expert training, feedback, and support from experienced startup CEOs, while not being required to quit your day job. Their unique Bonus Pool also shares equity upside with all participants, creating local, teamwork-based ecosystems where great startups can flourish. Since 2009 the Founder Institute has helped...