Technori Cooperative
Fall 2018
Email address *
Company Name
Company url, if any:
If you have a demo, what's the url? For non-software, demo can be a video. (Please don't password protect it; just use an obscure url.)
Describe your company in 50 characters or less
What is your company going to make?
Which category best applies to your company?
Is this application in response to a Technori RFS?
Where do you live now, and would the company be based in Chicago?
Email address of the founder who is filling out this application:
Phone number(s):
Please provide the email addresses of the other cofounders in the startup. No need to add yours again. Founders must have at least 10% equity in the company. We will send an email to each founder to fill out additional information about themselves.
Please enter the url of a 1 minute unlisted (not private) YouTube video introducing the founders. (Follow the Video Guidelines.)
Please tell us about an interesting project, preferably outside of class or work, that two or more of you created together. Include urls if possible.
How long have the founders known one another and how did you meet? Have any of the founders not met in person?
How far along are you?
How long have each of you been working on this? Have you been part-time or full-time? Please explain.
Which of the following best describes your progress?
How many active users or customers do you have? If you have some particularly valuable customers, who are they?
Do you have revenue?
Anything else you would like us to know regarding your revenue or growth rate?
How much money do you spend per month?
How much money does your company have in the bank now?
How long is your runway?
If you've applied previously with the same idea, how much progress have you made since the last time you applied? Anything change?
If you have already participated or committed to participate in an incubator, "accelerator" or "pre-accelerator" program, please tell us about it.
Why did you pick this idea to work on? Do you have domain expertise in this area? How do you know people need what you're making?
What's new about what you're making? What substitutes do people resort to because it doesn't exist yet (or they don't know about it)?
Who are your competitors, and who might become competitors? Who do you fear most?
What do you understand about your business that other companies in it just don't get?
How do or will you make money? How much could you make? (We realize you can't know precisely, but give your best estimate.)
How will you get users? If your idea is the type that faces a chicken-and-egg problem in the sense that it won't be attractive to users till it has a lot of users (e.g. a marketplace, a dating site, an ad network), how will you overcome that?
Have you incorporated, or formed any legal entity (like an LLC) yet?
If you have not formed the company yet, describe the planned equity ownership breakdown among the founders, employees and any other proposed stockholders.(This question is as much for you as us.)
Please provide any other relevant information about the structure or formation of the company.
Are any of the founders covered by noncompetes or intellectual property agreements that overlap with your project? If so, please explain.
Who writes code, or does other technical work on your product? Was any of it done by a non-founder? Please explain.
Is there anything else we should know about your company?(Pending lawsuits, cofounders who have left, etc.)
If you had any other ideas you considered applying with, please list them. One may be something we've been waiting for. Often when we fund people it's to do something they list here and not in the main application.
Please tell us something surprising or amusing that one of you has discovered.(The answer need not be related to your project.)
What convinced you to apply to Technori?
How did you hear about Technori?
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