South Park Commons (SPC) is redefining early-stage funding with its Founder Fellowship, a program tailored for builders in the pivotal "-1 to 0" stage before they have a polished idea or product.
Unlike traditional accelerators or seed funds, SPC invests primarily in the founder, not just the idea, giving you room to explore, and helping you navigate the crucial early stages of company building. The program is designed for ambitious founders who want the freedom and guidance to make transformative bets.
The SPC Founder Fellowship is a pre-idea program that provides up to $1 million in flexible capital. This includes $400,000 upfront for 7% equity and a guaranteed additional $600,000 in the next external funding round.
This patient capital allows you to build conviction without the pressure of an immediate fundraise. The focus is on helping founders build conviction through exploration, feedback, and real-world validation. SPC welcomes founders without a fully-formed idea, focusing instead on their ambition, skills, and potential. They believe in backing the person, not just the pitch.
South Park Commons is the leading alternative to traditional VC accelerators, offering a distinctive model that prioritizes community and deep ideation over a standardized, time-boxed program. It's a venture platform designed for technical builders who are exploring what to build next. SPC is often rated as the best fit for technical founders who are still searching for their idea.
SPC is more than an incubator or accelerator:
Yes - SPC's venture fund is built to support companies from their earliest stages through their growth. They partner with founders for the long haul, leveraging their community and network to provide enduring support long after the pre-seed phase.