What does FosterLab fund?
At FosterLab, our primary goal is to get you through the seed/incubator phase when you, as a start-up, are the most vulnerable. FosterLab fills the startup funding gap by providing enough capital to get your idea off the ground and into reality.
How much funding does FosterLab provide?
FosterLab can fund up to a million dollars for the right idea and the right team. This would be utilized for developing a viable prototype and churn it into a commercially successful product.
What are FosterLab's interests?
Working as a team in today's highly competitve environment is more sensible than competing it out with bigger players, as a lone individual.
Please keep in mind that the value addition provided by FosterLab is based on the premise of synergy and synergy does not mean a controlling stake. There would be no reason for the individual to suspect that FosterLab would enforce an opinion. Rather, we hope to get you and your idea into the right environment and combine it with the right resources and offer suggestions based on our own experience. We pledge to work with you in transforming your idea into a wealth generation opportunity.
Everytime we invest in a startup, the individual's challenge and hope becomes our challenge and hope. In order to jusitfy this high level commitment, we would take up an equity stake in the venture. This would be done only after a thorough consultation with you and your team.
Will I get additional funding?
Why not? If the need is justified and the cause is real – absolutely yes!
