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Are you an entrepreneur at heart and want to join a startup from its inception? We have been invited to pitch in Europe's largest startup incubator, Startupbootcamp (Amsterdam). See startupbootcamp.org for more info. We are looking for 2 more co-founders to join us.
Our startup is The Startup Factory. The pitch is simple and straightforward: We produce and launch one startup every single month. We have launched our first company, MedScribe (medscribe.io), which is an AI medical transcription service for doctors, dentists, and therapists. Our goal is to do what Y-Combinator does but change the business model through vertical integration, handling ideation, building, launching, and owning the startups ourselves.
The incubator starts in early September. All startups receive seed funding of €25,000. The average funding on Investor Day (at the end of the program where startups pitch to invited investors) is around €1.7 million. Our aim is to build three startups within the program's timeframe. The program lasts three months and is hybrid, with exceptions for Intro Week and Investor Day.
After the program, we plan to establish the startup's headquarters in Amsterdam, Berlin, or Dubai (final decision pending).
Up to Investor Day, there will be no salaries for any co-founders.
If you've read this far, you are likely interested and passionate about entrepreneurship. So are we.
We will provide everything you need to succeed: a talented startup team, an interesting and unique idea, a three-month incubator with 20 other passionate entrepreneurs, generous equity compensation before the program starts, substantial monetary compensation after Investor Day, and potential for travel and more.
We have basic, non-negotiable requirements that we will verify:
Here's a bit of info from the main founder, George Penrock:
He left Norway long ago, spent over six years traveling, getting educated, and gaining startup experience. He has lived and worked in London, Sydney, and Dubai. He is a serial entrepreneur with ventures like medscribe.io, investorfinder.co, and smile-o.co. He is a skilled economist and tech enthusiast.