Silicon Valley accelerator heading to Cape Town

Silicon Valley-based Founder Institute is heading to Cape Town to give entrepreneurs a boost with a four month accelerator program.

The Founder Institute is an early-stage startup accelerator which has graduated over 800 technology companies across 42 cities and 24 countries, over the past 4 years.

As part of the institute’s “globalise Silicon Valley” mission, the company is setting its eyes on Cape Town to assist South African entrepreneurs to launch their “dream company” with a four-month mentorship accelerator program.

The program promises to offer startups expert training, feedback, and support from experienced startup CEOs, “while not being required to quit their day job.”

“The program is open to anybody that is passionate about building a technology company: idea or no idea, full-time job or unemployed, young or old, male or female, experienced in business or straight out of school,” the institute said.

The accelerator is holding events in April and May, with the plan to bring the full program to South Africa.

“With sufficient interest shown, The Founder Institute plans to launch in Cape Town in the next couple of months,” it said.

The Founder Insitute push in Cape Town will be led by entrepreneurs, Nevo Hadas and Paul Salvage.

Local leaders of tech companies have also signed on to mentor the courses. This includes:

  • Alan Lipschitz (CEO, Interface Holdings/Webmail);
  • Geoff Cohen (CEO, 24.com);
  • Bryan Hattingh (CEO Cycan);
  • Michael Law (CEO, Attix5);
  • Nic Haralambous (Former CEO, Motribe);
  • Roy Ingle (MD, Hipzone);
  • Tinus Le Roux (CEO, Fancam);
  • and Gavin Moffat (join.the.dots).

Parties interested in bringing the Founder Institute to Cape Town can fill out an Interest Form at http://fi.co/apply/cape_town before June 9th 2013.

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Silicon Valley accelerator heading to Cape Town