HOW DOES IT WORK?
We host founders in cohorts, one in the spring and one in the fall.
Each cohort lasts 12 weeks. We culminate by introducing Founders to our extended network.
WHAT WE LOOK FOR.
We invest in people, not ideas. We are technology focused, industry agnostic and we are looking for resourceful and resilient founders solving meaningful problems. When evaluating applications we look for strong teams and self aware founders who know their strengths and weaknesses and are not afraid to ask for help. We don't do ego. We value commitment and determination, so we are after founders that can execute and are all in.
Founders benefit from free working space at the Thunder LaunchPad, office hours with StitchCrew and partners. Participating founders also have access to our in and out of state mentor network and category-expert database. Early adapters and first time customers are likely to be secured through our network. At the end of the program, founders present their idea to an invite-only audience made up of investors and business leaders. Our relationship doesn't end after the 12 weeks. Founders become Alumni and part of our StitchCrew Network. Through a series of programs, we continue to provide support, partnerships and networking opportunities. Our goal is to build a community of founders committed to paying it forward to the next generation of entrepreneurs.
MORE THAN CASH
OUR COMMITMENT IS TO FOUNDERS
Not every founder is looking to be venture backed. In fact, less than 1 percent of startups ever raise venture capital. Therefore, we don't invest capital. Instead we invest in resources to support companies. Because we don't invest capital, we don't take equity or board seats in the companies we support. This means founders don't have to dilute control of their companies just to go through our program.
Still have questions? We get it, it's a lot.
Visit our most frequently asked page for more info.
WHY THE THUNDER?
Sports teams are one of the greatest motivators of our time. They inspire commitment, dedication and risk taking. Sports teams also teach us a thing or two about an individual’s ability to push limits, manage success and failure as a learning step to becoming great. Moreover sports teams tend to be inclusive, diverse and unscripted. These cultural characteristics are critical traits of successful entrepreneurs and thriving startup communities.