Business Advisor on Retainer
The Soonami EIR (Entrepreneurs in Residence) Program is a unique opportunity for entrepreneurs looking to scale their projects and secure funding. This program offers rewards in SNI tokens and potential funding of up to $125,000 for founders.
Eligibility Criteria
The program is open to a diverse range of entrepreneurs, including those with no prior entrepreneurial experience [1]. However, certain criteria apply. Eligible applicants can be founders or entrepreneurs with a background in Ivy League/Elite universities, PHDs, C-Level executives with leadership experience in Top 1000 companies or Big Tech (M7), or those with previous entrepreneurial ventures or past exits worth 1 million USD [2, 3, 5, 7]. Exceptional individuals like Elon Musk, unicorn founders, or Nobel Prize winners are also considered [10].
Application Process
The application process involves several steps. First, you need to apply for the Soonami Venturethon after acceptance [4]. Then, you fill out a form on [foundance.org/events/soonami-cohort-8] and participate in a 10-day sprint. If you have an existing co-founder/team, they can continue to work with you [5].
Rewards and Benefits
Each of the 6 selected teams receives 15,000 SNI tokens, with 9,000 SNI tokens as immediate rewards and 6,000 SNI as locked rewards [3]. Two additional EIR projects, each with at least one Rank 5+ founder, receive an additional 30,000 SNI in rewards [6].
Benefits include a certificate of completion of the EIR program, access to funding potential of up to $125k for those who complete the 12-15 weeks EIR program and ace the IC, and a guaranteed spot at Soonami Demo Day to pitch for additional funding [3].
Program Features
The EIR program offers a supportive peer network and access to Soonami's ecosystem partners. It includes deep-dive training on product, marketing, go-to-market, and fundraising. Weekly check-ins, AMAs, and expert-led masterclasses are also part of the program [2].
The program is ideal for tech founders, business founders, developers looking to upskill or network globally, and developers looking to startup while continuing their 9-5 job, with expertise in web3 or AI [9].
Conversion and Funding
1 SNI token is equivalent to 0.4 USD and can be converted to USD via Uniswap [8]. The program provides a path to launch your startup - from idea to MVP to investment.
Summary
The Soonami EIR Program offers a chance for entrepreneurs to scale their projects, secure funding, and gain valuable insights and connections. With a total reward pool of 150,000 SNI tokens and funding potential of up to $125,000, it's an opportunity not to be missed for those who meet the eligibility criteria.
[1] This program is distinct from environmental impact reports (EIR) related to California projects or CEQA regulations, which are unrelated to Soonami’s Entrepreneur in Residence Program. [2] You can look for a co-founder from the soonami community.
An entrepreneur with a background in technology could find the Soonami EIR Program beneficial, as it offers funding potential of up to $125,000 and rewards in SNI tokens for tech founders who scale their projects. The program also provides deep-dive training on product, marketing, go-to-market, and fundraising, making it ideal for business founders and developers who are looking to upskill or network globally.
