Entrepreneurship

2 years of Foundit!

It’s already been 2 years since the first cycle of the free entrepreneurship program Foundit, and as cliché as it sounds, we look back on all this time with great excitement!

No matter how nervous we get before each course begins (Is the sound OK? Does the share screen work? What treats will the catering service have today?), once we see the participants come eager to learn, with new ideas and good mood, we forget everything and all we feel is satisfaction for what the program has offered so far.

For the statistics lovers, let’s look at some numbers that make us really proud as a team and give us even more motivation to keep going!

Foundit Participants

In the last 2 years we have received over 650 applications from young people who want to implement their business idea or have just started their business and need guidance. From their evaluation, 237 participants have emerged, in the 13 cycles of the program that have taken place so far! For those who do not meet the criteria to participate in the Foundit program, we try to direct them either to our other entrepreneurship programs, or to relevant programs of other organizations.

Coverage areas

The areas that Foundit focuses on are Crete and the Dodecanese islands. As a result, we have participations from many places, also due to the circles we have conducted online: Heraklion, Chania, Rethymno, Agios Nikolaos, Sitia, Ierapetra, Rhodes, Leros, Kalymnos , Symi, Lipsi… are just some of the areas that Foundit has reached, either live or online.

Female entrepreneurship

75% of our team is female, so it is natural that when we see young women chasing their business dreams, we’re overjoyed! Female entrepreneurship has risen a lot in recent years and this is confirmed by Foundit participants, as 55.3% of the people who have completed the program are women.

Positive outcomes

It goes without saying that our aim is not only to develop the skills of early stage entrepreneurs, but also to properly guide them so that they can start their business with confidence after attending the program, with the valuable advice of their mentors.

In the 2 years of Foundit’s operation, we already count 39 new businesses supported through the program. The industries they operate in are very diverse, and that’s another thing we’re excited about, as it proves that entrepreneurship and innovation are flourishing in areas outside of tech as well.

The feedback of the participants

For the end we kept the most important part for us: the feedback of the participants. In addition to the very positive comments we receive from the questionnaires they fill out at the end of the training (90% are completely satisfied with the program and 75% strongly recommend attending it), we carefully read all the comments made by the participants and we improve each cycle more and more.

Foundit is a program that our team is really proud of. Every time a new business starts after the program, we feel a huge sense of satisfaction and we like to think that we have contributed in our own way to this. The free entrepreneurship program Foundit is implemented by Bizrupt in collaboration with 100mentors and is fully funded by Prince’s Trust International.

If you also have a business idea that you want to implement and you think you need guidance, sign up for the free Foundit entrepreneurship program here.

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