Kapor Capital Alum Launches Founder Gym, A Membership Training Platform For Entrepreneurs Of Color
Entrepreneurs of Color are still an underrepresented population in the tech/startup world, finding good mentorship and training can often be a challenge. Former Kapor Capital Director Mandela SH Dixon decided to launch Founder Gym to fill that need and close that gap.
Instead of describing it as a school, bootcamp or incubator, according to Tech Crunch, Founder Gym describes itself as a topical, four-week training program that covers topics like fundraising, pitching, user growth and problem validation.
“We’re trying to use different language in order to break paradigms that have been established,” Schumacher-Hodge told me over the phone. “What we’ve seen time and time again is that model doesn’t work. What we’re trying to do is create a new model.”
During the four-week program, Founders will learn fundraising basics, how to win the game of entrepreneurship, the unwritten rules of fundraising, and even have a demo day in the last week. Each of these topics will be taught by seasoned veterans and VC’s including Mitch Kapor of Kapor Capital, Caorlina Hauranca, Charles Hudson of Precursor Ventures and Shauntel Poulson of Reach Fund to name a few.
Founder Gym does not take any equity in startups, but it does charge a fee of $396 to participate. There are also payment plans and scholarships available to those who are eligible. Down the road, Founder Gym plans to offer free solutions.
Applications for Founder Gym’s first cohort open today and close November 30, with the four-week program kicking off January 8, 2018. The ideal candidate for this program, Schumacher-Hodge said, will already have some traction and skin in the game.