FAQ 2020-12-17T13:58:48+02:00
futurepreneurs f logo

FAQ

Frequently Asked Questions

We encourage everyone based in Lithuania to join the program!

If you are interested in entrepreneurship the answer is most likely yes. Former attendees’ backgrounds are roughly 50% technical (developers, coders, designers) and 50% business (marketing, finance, law). Whether you are a *not so successful* serial entrepreneur or new to the startup scene, if you are motivated to learn business basics and open to new ideas you’ll fit right in.

All Futurepreneurs events are completely free to attend.

Yes, English is official language of Futurepreneurs.

Workbook (we will provide you with e-version) and laptop should be more than enough. We will send you everything you’ll need.

Yes. During the Launch day, you will start working on your new idea. During the workshops, you will learn the business starting basics. These are led by professionals and you should not miss them. During the Demo day, you will present your idea to the jury and compete for the prizes.

Futurepreneurs 2021 will be 100% online. You can see the timeline on our home page.

You can come with a team, however, it is not necessary to have one while registering. All teams will be formed at the start of the program.

Team size is not strictly limited, but we suggest to stick to 4-6 persons/team. We encourage you to work with individuals you do not know – it’s a perfect opportunity to meet people with different backgrounds!

Definitely, yes! There is a list of Sustainable Development Goals. Choose one when applying, gather the team and think about possible solutions to the problems in the first workshop.

Yes, it is allowed to participate in few competitions at the same time. Just make sure that you will have enough time and dedication for each of them!

Any business ideas are eligible, however, they should have sustainable deliverables. Your business should make a positive impact on the environment, society, and/or economy.

You will not have enough time for this. Prioritize your ideas: choose your best idea (and the one you have most prepared for).

When you confirm to participate in Futurepreneurs you are required to attend the Launch day, take part in workshops, meet with mentors and finally compete in the Demo day. The program is 2 months long.

Money can’t buy you time but mentors can save you time. Deep and valuable mentorship can only happen in person. An in person commitment is essential to this process. During the program you will go through mentoring sessions with industry experts from many different businesses, including high level executives from leading tech companies, as well as successful business founders and business consultants.

Basically, you need a good idea and to be ready to work really hard. You’ll learn and do amazing things during the program and professionals of their field will be there to help you. With all that you should be able to get jury interested.

The short answer is – you can’t. If you’re very concerned, you can limit your pitch to the rough outline of the idea without giving away key information. However, this is not something worth worrying about. The truth is that most of ideas pitched at any given startup competition have already been pitched in the past. This doesn’t imply that the idea isn’t a good one, but rather that what truly matters is how well you and your team execute the idea.

Futurepreneurs primarily focuses on the starting point of entrepreneurship, but our support and community spans much farther beyond this. Whether you are looking for more startup events in your region, guidance for investing and mentorship or a place to accelerate your business, we’re here to help anyway we can. Get in touch!

For the latest news and updates, you can follow us on Facebook, Linkedin and Instagram.

We’d love to get you involved. We are always in need of a partnership, funding and volunteer mentors. Write us an e-mail!