Orientation

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 Agenda

1. Welcome
2. Founder Introductions
3. Program Orientation
4. Question and Answer
5. Working Group Meeting

Page 2
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 Introductions

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 30 Second Founder Introductions:

1. Who are you?

2. What are you working on?
3. Why are you here?

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 FI Western Canada
Your team

Key Metrics: Leadership Team:

• 6 Semesters
• 100+ Portfolio Companies Chad Ford Kailin Che
• 160+ Mentors • Director, Western Canada • Director, Western
Canada

Todd Embley Wade Larson

• Mentor in Residence • Director, Western
Canada

Patricia Vallarino
Kris Versteeg
• Support
• Impact Venture Partner

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 Our goal is to leverage our vast network of
resources to help you build a global
company – for life.

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 Outstanding Reach
Reach 200+ mentors

FI mentors are top CEOs Western Canada Mentors

and seasoned founders
leading companies of 10 to
100+ employees.

Damarys Zampini Kookai Kevin Kerr Michelle Stepp Nicolas Beique

Sustrategy Chaimahawong Highwood Equipment VantEdge O&G Inc. Helcim Inc.
Pangea Ventures Technologies

Global Mentors

Aaron Patzer P. Vesterbacka M. Romanow Rashmi Sinha Mike Evans

CEO ex-Mighty Eagle Dragon, CBC Co-Founder Founder
Mint.com Rovio Dragon’s Den SlideShare Grubhub

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 Partners

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 Our Partners
World-leading companies

Some of the world’s leading Western Canada Partners: Global Partners:

companies have recognized
the benefits of working with
us.

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 https://femalefounderinitiative.com

FI Global Initiative Launched in 2016

● 31% female founder graduation rate (up from 17% in 2016), 38% across FI’s 3 largest
markets.
● Office Hours with Female Mentors and Experts.
● Exclusive workshops focused on building teams, branding, funding, etc.
● Global Slack community with 450+ female founders.
● Strategic partnerships and discounts designed to support women entrepreneurs.

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 Program Overview

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 Support Local but be Part of Something Global
The Founder Institute is the world’s largest startup accelerator

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 The World’s Largest Startup Accelerator
Creating 800 – 1,000 companies / year globally

90+ 2,500+
Investors
Countries

6,000+ $1.75B+
Portfolio Alumni Funding
Companies

25,000+
25,000+ New Jobs Created
Mentors

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 Founder Institute Mission

To empower communities of talented and motivated people to build

enduring and impactful
technology-enabled companies worldwide.

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 “ Entrepreneurship is The Largest Pre-Seed
ACCELERATOR
fundamental to
cultural, societal, and Both globally and in Canada, we are
the largest pre-seed accelerator.

economic change. Founder Institute incorporates more tech startups in

Canada than any other institution.

OUR STARTUP FOUNDERS IN CANADA:

60% FEMALE FALL 2019

77% MINORITY SPRING 2020
36 YEARS OLD AVERAGE AGE
ISAAC ADEJUWON 100+
Founder & CEO, Metricsflow
Founder Institute Mentor 62

STARTUPS
39

ALL MENTORS ARE VOLUNTEERS.

THEY VOLUNTEER TO HELP BUILD A BETTER CANADIAN TECH ECOSYSTEM.
2018 / 2019 2019 / 2020 2020 / 2021
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 “ There is no shortage of
problems facing
humanity, but there is a
shortage of ambitious
entrepreneurs trying to
solve them.

ADEO RESSI
Co-Founder & CEO, Founder Institute

16
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 The World is Broken…

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 Entrepreneurs Will Solve the Greatest
Problems Facing Humanity

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 Now is the Time to
Build the Future

Can you
Change 1,000,000 lives?
Create 100+ jobs?
Run it 10+ years?

Become a Leader to drive positive change

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 The Founder Journey
FI helps Founders at every stage

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 THE TECH ECOSYSTEM
Your Operating System to Achieve Global Startup Alignment

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 Lifetime Access at Every Stage
Access our global network and postgraduate support, including free post-graduate programs and network introductions
for the entire life of the company.

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 Outstanding Reach
20+ new start-ups each semester

A demanding program: only Western Canada Grads Global Grads

the best graduate
UnifyStack Realty Mogul
Key metrics (Canada):
2019 Los Angeles, 2012
• 30% graduation rate Automating the migration Real estate funding
of software operational >$45M in VC; done
• 72% grad survival issues. >$200M in transactions

• 50% grad funding

Ruth Appota
Hanoi, 2012
2020
The typical profile of our new Sustainable female
Vietnam’s leading mobile
platform >30M users,
founders is: products. >$20M in funding

• age 33 (range 21-55)

• 8-10 yrs experience TravelCar
Perk Eco
• fund via own savings Paris, 2013
2020 Airport parking and car sharing
Solution for recycling platform. Raised
coffee shop waste. >$20M; expanding to US

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 Global Alumni Success Stories
Atomos Space
Developing high-powered electric
propulsion spacecraft
Resistomap
Mapping anti-biotic resistant genes 10x
Cheaper than contemporary solutions.
Ceres Robotics
Awarded a NASA contract to build the
Lunar Rover for the Moon Mission
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Endiatx
Digestible Medical Robots that perform
remote diagnostics to detect illness in the
GI tract
TruGenomix
Building genetic test that measures
biomarkers for PTSD (US Veteran)
Bleximo Quantum Computing
Building Practical Superconducting Quantum
Computers (Quantum Accelerators)
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 “4 Months ago, I had an idea. Now I
have a company, 4 employees, 3
working Prototypes and $200k in
funding”
Torrey Smith, CEO of Endiatx

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 The Founder Institute Core Accelerator
“Core Program” with Custom Tracks Based On Stage

Typical Applicants (“Pre-Seed”)

Launch Track
✓Idea
Earlier founders focus on (1)
✓May still be FT Validation, (2) Team & Co-
Idea Stage employed Founders, and (3) Go-To-Market

✓FT Team

✓Testing a
Team / MVP prototype/ Growth Track
MVP Later founders/ teams focus
on (1) Traction, and (2)
✓Live product Investment Preparation.
with
customers /
Growth revenue
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 Launch Track v4.5a

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Customer Development
Leadership Development
Sales & Customer Acquisition

Post-Programs
Product Development
Busi
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Spri Legal & IP
nts Branding & Design
Financial Planning
Team & Advisors
Fundraising
Post-Program
Onboarding
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 Growth Track v4.5a

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Customer Development
Leadership Development
Investor Diligence Preparation

Post-Programs
KPIs & Growth Strategy
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Spri Legal & IP Diligence
nts Branding & Design Audit
Technical Diligence
Advisory Board & External Validation
Fundraising Preparation
Post-Program Onboarding (possible “Fast-
Track”)
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 Resources Alumni Benefits
• Dedicated support contact at FI HQ
• Monthly Graduate Master Sessions
• Private events
• Private email list
• Access to 25k+ mentors
• $3M+ in partner discounts
• Unlimited access to Founder Institute sessions
• Curated tactical guides and videos

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 Post-Graduate Support to turn your startup into a global company.

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 Funding Lab
Are you ready to raise funding?

Criteria to raise from Professional Investors:

• Must be working exclusively on the company
• Have a functioning product
• Demonstrable customer demand or traction (i.e. 10% week over week
growth)
• Be willing to spend at least 30+ hours per week for 3+ months
• Full time team

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 Investment Traction
Fundraising is competitive. We can help.

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 The Founder Institute is working to launch 1,000 new venture
capital firms over the next five years to support innovative
companies worldwide that are working to make an impact.

“We believe that the venture capital industry needs more diversity
and more innovation.” -Adeo Ressi, CEO

https://techcrunch.com/2021/02/05/founder-institute-vc-lab/
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 Exclusive Network of Investors actively funding pre-seed and seed-stage startups

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 Join Us to Build the Future
10,000 Startups and 1,000 Venture Funds in 5 Years

Largest Company Largest VC Firm Creator in

Creator in the world the world

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 How to Win

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 The Founder Institute is hard.

Honest, Direct, Feedback

Structured to maximize growth

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 High impact businesses can require

70+ Hours per week

FI asks you to work on your business for

20+ Hours per week

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 Only the best will graduate.

>60% of you won’t complete the program

(that’s a good thing … for you)

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 Top 2 reasons people drop out
1. Fall Behind
(not completing the weekly deliverables)

2. Poor Ratings
(experienced startup mentors think your idea/ strategy/ progress is poor)

FI helps you realize hard truths fast!

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 Get a full refund if you drop (or FI drops you)
before the Customer Development session

If you drop out after the Refund Deadline,

Put your course fee towards the next cohort

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 But we know that

you can do it

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 Our admissions is very accurate

Over 50,000 people have taken the

test (9 languages)

Results correlated with the real

world performance of 5,000+
Alumni

85% accuracy in predicting

entrepreneurial success

Learn more: FI.co/DNA

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 Build Relationships
Your mentors, fellow founders and Local Leaders could
eventually be your investors, customers, advisors or partners (or
can connect you to them).

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 Help Each Other
Something magical happens when good people work together to
accomplish a common goal.

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 Do the work
We can’t build your company for you, but we can give you a
global platform to succeed.
Trust in the process. It works…

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 Own It
The world helps those who help themselves.

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 Have Fun!
We love what we do and you should to. Passion will make all
the difference.

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 Program Structure

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 Typical Session Agenda

Mentor Talks
Mentors share best practices and
lessons learned on the session topic
1 Founder Hotseats
Founders pitch their Company Mentor
Evaluation & feedback
2

Mentor Q&A
3 Open Q&A session between
Founders and Mentors

Post-Session Social
Build relationships with Mentors and 4
Peers

See Sample Session:

http://fi.co FI.co/sessions
 Founder Hotseats
“No threes allowed”

5-🤩 Amazing! I am ready to invest now!

4 - 🙂 Good. I am interested in advising. Let’s meet!

 🤔
2 - Unclear. Might have potential but needs work.
🤨
1 - Bad. Recommend Pivot.
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 Weekly Deliverables
Do the work. Trust the process.

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 Epic Sprints
Challenging assignments to fix critical issues in the business,
or address your falling behind in the program

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 Office Hours
Meet with your Local Leaders and Mentors

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 Working Groups
1. Meet 2x per week
2. Lean on each other for support.
3. Be respectful and keep things confidential in
the program
4. No Drama.

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 Working Groups Presidents
• Organize your team to success
• Upload the weekly team meeting notes

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 The Equity Collective

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 FI has legal partners in
90+ Countries to help you

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 Equity Collective
Founders issue a 2.5% Investment Option in Week 8

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 Why Shared Equity
There are several benefits to our unique Equity Collective
model

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 How Does the Warrant Work?
Optimized for growth

1. 15-year option to purchase shares from the company at fair market

value (like a stock option).
2. Price per share and the number of shares we can buy is set at your first
funding round.
3. Warrant is Founder friendly & dilutes over time, usually by 50% by
the time we invest.
4. Founders face minimal dilution and personally gain value from being
in the Equity Collective.

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 Closing Advice

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 You are responsible for
your own success.

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 Move fast and embrace
challenges.

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 Everything in FI is a test
and indicates future
performance.

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 Earn the title FI Alumni.

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 Any questions?

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 Working Group Meeting

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 WORKING GROUPS

Alphas Blasters Comets

Abraham Iyiola Monna Tang Ajibola Adetula
Nawad Ali Shah Dr Tolu Adeleye Constance Santego
Zachary Lelek Fadi Sahar Abhay Gupta
Jean Pierre Rukebesha Kamyar Davoudi Edward Liu
Vivek Nittoor Randall Herrmann Mohammad Asgari
Ehasan Jafarifard Igor Santos Sanabio Yuhua (Helen) Jiang
Jian Gu Kimia Shamshirkar
Husam Al-rameeni Omid Amiri
Manny Rezaei Farsangi

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 1. Introduce Yourself to the group
2. Discuss Working Group Meetings
3. Select a candidate for President
4. Email the Local Leaders Tonight with the
President Selection
5. End the session when you are ready

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