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A startup incubator seeks passionate co-founders to join a team aiming to launch innovative startups. Candidates should possess a strong entrepreneurial spirit, expertise in their field, and a willingness to work without salary until the Investor Day. This opportunity offers equity and the potential for substantial future compensation as the startups develop.
Are you an entrepreneur at heart and eager to join a startup from its inception? We have been invited to pitch at Europe's largest startup incubator, Startupbootcamp (Amsterdam). For more information, visit startupbootcamp.org. We are looking to add 2 more co-founders to our team.
Our startup is The Startup Factory. The core idea is simple: produce and launch one startup each month. Our first company, MedScribe (medscribe.io), offers AI-based medical transcription services for healthcare professionals. Our goal is to emulate Y-Combinator's success but with a different business model focused on vertical integration—covering ideation, development, launch, and ownership of startups.
The incubator begins in early September. All startups receive seed funding of €25,000. Additionally, at Investor Day (the culmination of the three-month program where startups pitch to investors), the average funding raised is around €1.7 million. The program aims to support the launch of three startups within this period. It is a hybrid program, with the exception of Intro Week and Investor Day.
Post-incubation, we plan to establish the startup's headquarters in Amsterdam, Berlin, or Dubai, with the final location to be decided.
During the program, up to Investor Day, there will be no salaries for co-founders.
If you have read this far, you are likely passionate about entrepreneurship, as are we.
We will provide everything needed for success: a talented startup team, an innovative and unique idea, a three-month incubator with 20 other passionate entrepreneurs, generous equity before the program begins, substantial monetary compensation after Investor Day, and opportunities for travel and more.
Our basic, non-negotiable requirements are:
About the main founder, George Penrock: He left Norway long ago, traveled extensively, and gained diverse startup experience in London, Sydney, and Dubai. He is a serial entrepreneur with ventures like medscribe.io, investorfinder.co, and smile-o.co. He is also an economist and a tech enthusiast.