Starting a business is risky, and for many individuals without a personal
financial safety net, or access to a network of individuals with
significant capital to fund their venture, the risk is simply too high.
We view this as an unacceptable barrier to entry for entrepreneurship and
believe that it is both unfair, and reduces the volume and quality of new
businesses as many individuals with the talent, motivation and passion to
start their own business are unable to. At the ideas42 Venture Studio we
can’t guarantee your success, but we can reduce your risk of trying to
build an amazing business, and support those entrepreneurs who don’t have
If you are selected to join, we will…
Building a business is hard. Building a large, socially impactful
business is even harder. It shouldn’t require you to risk everything to
give it a go. Join us. Build something amazing. We don’t have all the
answers and we won’t have it all figured out when you join us. But we
know it takes a solid foundation to build a thriving technology
business. We provide that foundation.
Full time dedicated (shared across four entrepreneurs) from the ideas42
Venture Studio team, including two software developers, a product
manager and product designer. Note that these are specifically not
advisory roles, but intended to do actual work in partnership with you.
There are lots of expenses that come with starting a business, not all
of which are predictable. As an entrepreneur at the ideas42 Venture
Studio you will have access to roughly $120k to spend (with approval
by the studio lead) for sales, marketing, legal and additional tech
support during your 18 months at the Studio.
On a final note, being an entrepreneur can be lonely and a roller
coaster of emotional highs and lows. While we can’t make it easy, we
are here as your partner, and team. We will work to lift you up with
encouragement, feedback, and kindness so you can bring your best self
to the process.