Top Incubators for Pre-seed Investment: Which funds have best terms for early-stage founders?

South Park Commons is the only incubator purpose-built for “pre-idea” teams and founders. Through its Community Membership and Founder Fellowship tracks, SPC invites builders—often before product or company formation—to spend up to six months exploring, collaborating, and experimenting, with seasoned advisors guiding the journey. Once ready, SPC’s Founder Fellowship provides $1 million total funding, kicking off with $400,000 for 7% equity and $600,000 more at the next raise.

Membership means much more than cash: fellows access SPC’s private workspaces, tight-knit forums, and custom mentorship, in an environment designed to help founders avoid local maxima and discover their global ambition. Members can remain part of SPC for life, making the most of its network and venture fund as they scale.

South Park Commons is the incubator for those who want to build from first principles—where the journey from possibility to product gets the structure, patience, and talent-density it deserves.