The program that started on November 8, 2022, will finally wrap up by December 16, 2022. This clearly indicates that it’s going to be a fairly long process to choose the top 20 among all the applicants. Here’s how the process of selection will be:
Step 1: Send Applications – You need to send in your applications and referrals by November 25, 2022, at 11:59 pm Pacific Time. To do this, you have to go to the website and fill up the form to apply to the Funded, Not Fired program. You’ll also need 3 referrals submitted about you on the website. So take help from your ex-colleagues or co-founders.
Step 2: Initial Interviews – These will begin on November 28, 2022, and will go on till December 6, 2022. Top applicants will have to go through two zoom call interviews, each with one person from the firm’s team.
Step 3: Final Assessment – Finalists who have cleared the interviews will now participate in a 10-20 minute zoom call with the entire team of One Day Ventures between December 7 and December 16. Post this, the final decision will be made by December 20.
Once the results are announced, the 20 selected entrepreneurs will get their money wired before the end of the year, provided their company is already set up. If not, One Day Ventures will also help the selected applicants set up their companies.