If you are looking for a technical cofounder, a tech partner or a technical development team for your startup then search no more! We will become the technical cofounder and our internal team will be responsible for building the whole product from A to Z. We help non-technical entrepreneurs build a successful technical start-up, thereby allowing the start-ups founders to focus on other key areas, such as refining their products/services, focusing on business development, sales and other important non-technical aspects. We also help technical entrepreneurs who don’t have the right team to build the startup. We provide 50% of the money needed in technical development per equity. So you will find yourself the technical cofounder and secure half of the money you need. That is why our unique model is called: co-founding and co-funding.
Co-founding means that FasterCapital will become a technical co-founder for the startup and will build its products from A-Z. Co-funding means that we will also be ready to invest 50% (or in some cases more) of the capital needed and invest in the startup (even from the idea stage). Of course acting as a co-founder is not limited only to development but rather to improving on the startup, its market, products and how we can improve the chances of the startup to be successful and generate income.Unlike other incubators, FasterCapital invests in fewer startups and is ready to commit for a longer period of time and in multiple rounds of funding.
Why join us?
Technical development with Our technical expertise cover a wide range of skill sets and technologies (web development, app development, AI, programming, etc.) and so you will have an all-in-one solution.
Working with FasterCapital saves you the costs of the technical tools and devices you will need. We have our own technical department and we provide you with a fully-integrated ready-to-use product. You will need to allocate part of your capital for computers, gadgets, tools, energy supplies and a lot of other technical devices. This might be a very costly process especially if you are just starting out.
Your first investor : FasterCapital will cover 50% of the project’s costs becoming the first investor in your startup. We assess the costs of the technical development and cover 50% of them which leaves the founder with only 50% to secure through raising capital, personal savings, friend and family etc.
Tech Cofounder Benefits
Our Tech cofounder/Tech partner program (named previously incubation program) offers the following services to our start-ups mainly on equity or co-founding basis.
Investing
FasterCapital is ready to invest 50% of the funding you need and up to $2M. We might invest more than 50% but never 100%. So FasterCapital will become the first investor in your startup and will act as a cofounder.
Technical cofounding
Technical development nowadays is more complicated than ever with multiple platforms to be supported and the introduction of clouding, etc. which makes things a little bit complicated for a small team of developers to tackle the challenge on their own. Things would be much more challenging if the founders don’t have technical knowledge and can’t easily judge the capacity of a technical cofounder or an outsourcing team! FasterCapital comes to rescue in this case as it is going to be the technical cofounder and will help also in business plan and product refinement. We can help in the development of your tech start-up. We will start from requirement gathering stage up to the development stage. We can develop web service, website and mobile application. You no longer need to search for a developer for your startup. FasterCapital will become your startup developer and tech partner, saving you the troubles and challenges in getting the development team, follow up with them and ensure they are working according to the plan.
Develop your Startup through us :
FasterCapital will provide technical development through its internal team. We don’t outsource. Your startup will be using insourcing. FasterCapital will provide software developers, designers to develop your startup. Our technical team has more than 200 software developers, engineers, full stack developers and designers. Once FasterCapital becomes the technical partner, we will have to come with a full project plan for the development of your startup from A to Z with clear milestones such as:
Alpha version release: to present to investors, Venture capitalist.
A beta version release: to show to potential clients and maybe strike B2B partnerships.
A final version release: to use it to attract users and start generating income.
Finding your first investor
FasterCapital is willing to be the first investor in your startup and will invest 50% of the money you need in technical development in each round of funding. It will be much easier to raise capital through another investor because the risk is mitigated and any angel investor will feel that the risk is shared with another party. FasterCapital will be ready to invest in your startup for multiple rounds of funding and you can check our startup investment.
Raise capital for startup
FasterCapital will also feature your startup on its website and help connect you to potential angel investors or Venture Capitalist that we have in our network. FasterCapital has also partnered with lot of incubators worldwide and through its partnership, we can provide discounted offers for coworking spaces.
Find a mentor
FasterCapital will be giving you access to its network of Mentors. FasterCapital will help find the right mentor for you who can save you from making a lot of unnecessary mistakes. If you know a mentor and you want them to join our network then please ask them to fill also in become a mentor.
Grow your Startup
FasterCapital will help beyond being just a technical partner responsible for software development for your startup. As a technical cofounder, FasterCapital will use its knowledge and expertise in business development, sales and marketing. FasterCapital’s role as a technical cofounder implies that we have to challenge the written business plan, come with more ideas for monetization, validate the financial forecast and reprioritize features of the product development. FasterCapital can also help in growing your startup, opening new markets, strengthen your brand and build a referral network.
Improve your sales and marketing
FasterCapital has a strong network of more than 2000 Regional Partners, Representatives and Mentors. FasterCapital can help the startup explore new markets through its network. The network can help find potential clients, buyers or strike strategic partnerships. This service is provided for free to startups that are accepted in the tech cofounder program.
Contact: If you would like to know more about this programme or discuss further, please send your startup details via email to intellex@intellexconsulting.com or whatsapp on 91-98200 88394
Team – Intellex Strategic Consulting Private Limited (India)
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