No cost, No equity taken. No time wasting.
12 week program with demo day
- Gain access to our capital network
- Receive 1-on-1 'Sherpa' mentoring
- Customized work sessions & coaching
- Utilize our company building framework
FounderTrac is founder friendly. That means it’s free - no cost, no equity taken - and we never waste your time.
By investing your time in the application process, we will invest by meeting with you, giving you detailed feedback and advice, and making personal introductions to resources where appropriate, even if you are not chosen for the cohort.
The Barbershop app that is bringing healthcare to the urban community then went on to complete their seed round from investors attending Demo Day.
After FounderTrac, the DTC detergent brand went on to Y Combinator and closed a large seed round.
The telecom company leveraged their Sherpa mentor to help raise a large seed round during the program.
"We are so excited to fund this innovative collaboration between Launch Annapolis, Maryland Tech Council and MCVC Partners to give Maryland companies the training, mentoring and funding they need to be top tier companies. FounderTrac rocks!"
"FounderTrac was a fantastic learning, growing, and networking experience for FREY, and connected us to an amazing array of experienced people within our community. On top of the education, we walked away with two new close mentors (who joined our advisory board in an official capacity) as well as one of our first investors. Highly recommend FounderTrac!"
As a member of the 2019 FounderTrac Cohort you will have access to the following mentors to help you launch and grow your startup.
CUSTOMIZED & INTERACTIVE
12 WEEK PROGRAM
Accepted applicants will be taken through a 12 week program that includes six small-group work sessions. We will help you identify the most prominent needs in your business and then match you with a sherpa mentor and customized work sessions to have a significant positive impact on your business during the program.
Each session will provide guidance on utilizing FounderTrac’s company building framework where you need it most across the topics of Startup Financing, Go to Market Strategy, Leadership & Legal, and Product Development.
Throughout the program you will also be building a pitch deck and practicing your investor pitch, where you will receive feedback from VCs and entrepreneurs that have raised capital.
You will also be connected with a “Sherpa” that will work with you individually to create a customized plan to help your company reach its goals. Sherpas are experienced and successful entrepreneurs and executives dedicated to having a significant positive impact on your business in the short term.
The program is capped with a Demo Day public event attended by investors, press, entrepreneurs and other members of the startup community. This will be an amazing opportunity to get exposure and attract the resources that you need to take your company to the next level! A founder/cofounder from your team must attend and pitch at this event in order to graduate from FounderTrac.
Learn about the current capital raising environment and create a savvy capital raise strategy
Tap into capital networks to raise the money you need to grow
Learn what investors are looking for and how to communicate with them
Get pitch feedback from active investors
Assemble thoughtful financial projections that will help you organize your business
Creating a company that listens to the market and learn principles for customer success & business outcomes
How to conduct proper market research to move towards Product/ Market Fit
Identify huge opportunities to disrupt your market
Avoid costly product development mistakes by using formal validation processes
Learn modern principles, mental models and team culture needed to build a world class product
Learn how to create a Unique Relatable Philosophy to strategically position your company for high growth
Use the Brand Blocks© systems to identify powerful improvements to your company's market position
Learn how to develop a brand and business personality to attract your target
Develop a culture and people stratgey to attract and retain top talent
Get expert legal advice on entity formation and intellectual property
Create proper legal paperwork for founder agreements, beta users, advisors and investors
Meet outstanding entrepreneurs, investors & advisors
Pitch at the Demo Day (250+ in attendance, 75+ Angels/VCs at the last demo day)
Pitch to active angels and VCs and receive feedback during the program
Receive ongoing 1-on-1 mentoring from highly a successful entrepreneur/executive "Sherpa"
Form a professional pitch deck reviewed by active investors
Learn how to pitch your company to investors
Learn proven techniques to build and sell a scalable product
Receive valuable lessons on building a company from successful entrepreneurs/executives
Become a member of a FounderTrac Cohort- Ongoing access after the program through FounderTrac Alumni Platform
FounderTrac cohort members have an opportunity to meet investors during the program and at the conclusion of the program at the Demo Day event.
FounderTrac's last Demo Day had 250+ attendees including 75+ Angels and VCs. FounderTrac is supported by the venture firm MCVC Partners. In support of FounderTrac they have committed to attracting great companies to Maryland and to supporting the graduates of FounderTrac. From our broad investor group, the 2018 FounderTrac cohorts raised 5M+ from the inception of the program up until Demo Day, and they raised additional money following Demo Day.
After the 12 Week educational content and demo day, the experience does not end. You will continue to have access to the FounderTrac IQ platform to connect with the ever growing mentor network and other founders from your cohort.
(Who is this for?)
Startups with highly scalable business models
The product uniquely solves a problem for a large addressable market
The founders are accomplished people who thrive in a high performance environment
Less than $500,00 in annualized revenue
Timeline & details
There is no fee to apply or enter the program. FounderTrac does not take any equity upon admission into the program.
Tue, Aug 6th, 5PM - 8PM: Intro Pitch & Kickoff Event
Tue, Aug 13th, 5PM - 7PM: Session I
Tue Oct 8th, 5PM - 7PM: Session V
Founders who achieve venture success while doing fulfilling work.
Where the Region’s most talented founders work in a high-performance environment that inspires and weaponizes them to become “fulfillionaires” (founders who achieve venture success while doing fulfilling work).