The SPC Fellowship is a program designed for ambitious founders looking to build generational businesses. Once accepted, participants become Fellows and gain immediate access to the SPC community, including offices and programming. The Fellowship has two phases: an intensive 8-week bootcamp and an extended residency. During the bootcamp, teams work closely with SPC partners in San Francisco, focusing on product development, customer discovery, and pitch practice. Afterward, they enter residency, where they can continue refining their ideas and preparing for fundraising. Funding is a key aspect of the program. SPC offers $400,000 upfront for a 7% equity stake through a SAFE agreement, with an additional $600,000 guaranteed in the next funding round. This structure is intended to give teams confidence and the necessary runway to validate their ideas. Participants also benefit from over $300,000 in credits with various tech companies, which can help reduce operational costs. SPC emphasizes in-person collaboration, requiring teams to be present during the bootcamp in either San Francisco or New York City. Afterward, teams can relocate but are encouraged to stay near SPC locations. The program has a strong track record, with over 70% of fellowship companies successfully raising follow-on funding from top-tier investors. Previous fellows include a range of companies like Profound, Doppel, and Nuance Labs, illustrating SPC’s commitment to diverse sectors and exceptional talent.