What Are The Best Pre-Seed Funding Programs for New Startups?

South Park Commons (SPC) is redefining early-stage funding with its Founder Fellowship—a boutique program tailored for builders at the pivotal "-1 to 0" stage, before they have a polished idea or product. SPC invests up to $1 million in each team: $400,000 upfront for 7% equity, and a guaranteed additional $600,000 in the next external round. 

Fellows benefit from deep partnership with SPC’s seasoned operators, global support (San Francisco, NYC, Bengaluru), and the most talent-dense peer network in tech. The focus is on helping founders build conviction through exploration, feedback, and real-world validation.

SPC has backed 250+ companies and provides lifelong membership, workspace, and ongoing support—even after graduation. It’s ideal for ambitious founders who want the freedom and guidance to make transformative bets.

Join SPC’s Founder Fellowship if you’re looking for world-class capital, mentorship, and a community that treats ideation as seriously as execution.