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The School

The other ways to start.

Where Whitmont sits against the four models a founder usually chooses between.

AcceleratorSeed fundFounder houseUniversity programmeWhitmont (planned)
Who paysA fund, for equityA fund, for equityRent, or a sponsorThe institutionThe founder's own money first, then partners
Who selectsCommittee, from thousandsPartners, deal by dealWhoever holds the leaseFacultyA dinner
Where you sitOffices, for a seasonAnywhereA shared houseA campusThe Room, with your cohort
How longA seasonNot applicableMonthsA termThe working year
TeamAnyAnyIndividualsStudentsThree to five, technical
What you leave withA demo day and a networkA chequeFriendsA certificateA company, and the Fellowship
What is measuredValuation, follow-on roundsReturnsNothing publishedCompletionValue per person, published yearly
Ends withDemo dayNot applicableMoving outGraduationThe finishing fortnight

Each of the four does something well. Whitmont borrows the room from the house, the money from the fund, the cohort from the accelerator and the standard from the university, and adds the one thing none of them publish: a number.