Hidden Founders

Materials Hack
Playground for innovative materials powered by Borealis.
8th-10th July – Vienna, Austria
2.5
days Hackathon
3
weeks Incubation
2
winning teams
24K
cash prizes
General information: 

A mashup of dev skills and startup experience in a leasing package.

Hidden Founders is a mashup of dev skills and startup experience in an accelerated, bootstrap-friendly leasing package. 
We help founders build an MVP and get it to market to test their hypotheses at minimum costs. We do that with a leasing contract: founders can start working on their project with a 14% down payment, and fund the rest of the development cost by dividing it over subsequent monthly payments. After a period of six months, they have the possibility to cancel their lease at any time, with no obligation to pay the remaining costs. To keep the founders' cash investments down, we receive a 2% stake on each startup.
We work with a select batch of 7 startups only per cycle; We are completely invested in the projects we take on.
While building the product is our main focus, we also help our first time founders by connecting them with mentors and offering business assistance during office hours.

 

Company information: 
Company type: 
Recruitment Agency
Industry: 
E-commerce, IT - Mobile, IT - SaaS, IT - Sharing Economy / Rental, IT - Social Networking, IT - Software Development, Sports, Travel / Tourism
Founded when: 
Thursday, 5 December, 2013

Contact:

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