Frequently Asked Questions

We invest in people, not companies. Whether you make €500K ARR or don’t yet have an idea doesn’t matter to us, we invest in and support you.

General

What is EWOR?

EWOR is a place where the most extraordinary people find the education, network, and capital to solve the world’s toughest challenges.

We combine an entrepreneurship Master’s Degree-like education with an early-stage VC firm to help outstanding talents of all age groups build impactful tech companies.

EWOR was built for founders by founders. Our leadership team has successfully built and sold 7 fast-growing tech companies - including a €1.2BN exit (Adjust), a €500 million exit (ProGlove), establishing the largest global entrepreneurship society for those under 26 (Sigma), and making more than 150 private angel investments.

We provide venture capital (up to €150K), access to a network of over a dozen unicorn founders, and top-notch entrepreneurship education crafted by seasoned entrepreneurs. We run two programmes - Ideation and Traction - making it easy for everyone with an amazing background to apply, get funded, build a strong network, and initiate change.

For anyone eager to rapidly build a successful company, we're the perfect place to start.

Which fellowship should I choose?

If you are applying to us without traction for your business idea yet – or you are still in the ideation phase of your own start-up – the Ideation Fellowship is the right fit for you.

If you already have your own start-up with first traction or getting ready to raise funding, the Traction Fellowship is the right fit for you.

How does the application and selection process work?

After submitting your application, the selection process is slightly different for both fellowships. While Ideation applicants will hear back from us shortly after the application deadline, we review and accept Traction Fellowship applications on a rolling basis and will get back to you within two weeks. Thus, we encourage Traction Fellowship applicants to submit their documents as soon as you’re ready to apply.

You cannot log in or continue to update your application once you’ve submitted it.

Are there any fees?

There are no cash fees for the EWOR Fellowships. In place of fees, there are different equity participation policies for both fellowships.

What is the language of the Fellowships?

We design our fellowships exclusively in English to accommodate our diverse, international cohorts. All communication between mentors, speakers, the EWOR team, and talents is in English as well.

How does the application and selection process work?

After submitting your application via this application form, the selection process is slightly different for both fellowships. While Ideation applicants will hear back from us shortly after the application deadline, we review and accept Traction Fellowship applications on a rolling basis and will get back to you within two weeks.

Thus, we encourage Traction Fellowship applicants to submit their documents as soon as you’re ready to apply.

You cannot log in or continue to update your application once you’ve submitted it.

The Ideation Fellowship

What is the EWOR Ideation Fellowship?

For those who don’t have traction for their business idea yet, the EWOR Ideation Fellowship turns an aspiring entrepreneur into a successful tech entrepreneur.

As founders of some of the most successful companies in Europe, our lecturers and mentors have all learned first-hand what it takes to succeed in the business world. They give engaging live lectures in phase one, while the second phase gives EWOR members access to hundreds of resources on our platform, network, and feedback sessions with our mentors.

Do I need a business idea to apply?

Ideally yes. The EWOR Ideation Fellowship is designed for those who don’t have traction for their business idea yet. The EWOR Ideation Fellowship is entirely remote and turns aspiring entrepreneurs into business owners.

What is the difference between the Ideation and Traction Fellowship?

For those who don’t have traction for their business idea yet, the EWOR Ideation Fellowship turns aspiring entrepreneurs into business owners. For those who do already have traction, the EWOR Traction Fellowship is designed to help them scale their venture.

Where can I apply to the EWOR Ideation Fellowship?

Please use the on our website to apply for our Fellowships. It’s an extensive questionnaire that inquires about your experiences, motivations, and qualifications. Applicants typically take at least 30 minutes to complete the questionnaire.

Are you looking for talents to develop their ideas in a specific industry or technology sector?

We do not limit ourselves and our talent pool to a specific industry or technology sector.

How many talents do you accept?

Our selection committee consists of successful serial entrepreneurs and start-up investors - including several unicorn founders. The EWOR Fellowships have an acceptance rate of 0.1%.

What are the benefits to the EWOR Fellowships?

Once you’re accepted to one of EWOR’s Fellowships, you will be placed in a cohort of impressive and ambitious entrepreneurial talents. Together, you will go through the EWOR Education to learn about entrepreneurship. Your cohort will be able to provide you feedback on your work, support you when things are tough, and become your friends.



On our platform, you will find resources such as pitch deck templates, financial models, and contract templates. In addition, you will have access to our vetted pool of mentors and experts consisting of unicorn founders and investors.

You’ll become part of an amazing community of (aspiring) entrepreneurs and be invited to events like the EWOR Connect and the EWOR Houses.

What time are the live sessions? Do I need to attend them?

The live sessions are in the late afternoon or early evening CET time, but you will receive information on your schedule during the onboarding process.

We do expect our Fellows to be present for these input and feedback sessions. However, we understand that in some cases, circumstances will keep talents from participating.

Are there any tuition fees for the Ideation Fellowship?

In place of formal tuition fees, EWOR takes 3% equity in companies that talents build by the end of the Ideation Fellowship. In addition, EWOR will invest up to €150k in selected start-ups at €1,0M post-money valuation cap.

Apart from the 3% that the EWOR is receiving, are there any other shareholding privileges allocated to any third party?

Typically, there are no additional equity allocations to third parties.

Do you offer funding?

In place of formal tuition fees, EWOR takes 3% equity in companies that talents build by the end of the Ideation Fellowship. In addition, EWOR will invest up to €150k in selected start-ups at €1,0M post-money valuation cap. Additionally, we will connect you to a network of investors that frequently invests in our talents as well.

*not all fellows will receive an investment

Do you take equity in my company?

In place of formal tuition fees, EWOR takes 3% equity in companies that talents build by the end of the Ideation Fellowship. In addition, EWOR will invest up to €150k in selected start-ups at €1,0M post-money valuation cap.

What happens if I do not end up founding a company?

If you do not end up founding a company, EWOR will not require any equity from you.

The Traction Fellowship

What is the EWOR Traction Fellowship?

For those who already launched their start-up with first traction, the EWOR Traction Fellowship is designed to help them scale their venture.

The Traction Fellowship is split into two phases to make it the most effective. As founders of some of the most successful companies in Europe, our lecturers and mentors have all learned first-hand what it takes to succeed in the business world. They give engaging live lectures in phase one, while the second phase gives EWOR members access to hundreds of resources on our platform, network, and feedback sessions with our mentors.

Is it possible to secure investment from EWOR outside the standard batch periods?

Yes. While the main Fellowship intakes are in April and September, we’re flexible with investment timing. We regularly assess applications and can make investments at any stage — before, during, or after the Fellowship.

Our commitment to supporting start-ups extends beyond the structured Fellowship dates to ensure innovative ideas receive the necessary backing when it’s most critical.

After you get accepted to the Fellowship, we will enable you to join the next batch. So, for example, if you apply and get accepted in August, you will still be able to join our September batch.

How soon can I expect a response after submitting my application?

We strive to respond to your application within a few days. However, please note that if you apply closer to the deadline, our response time might extend up to 2 weeks.

Can I apply to the EWOR Fellowships if I already have a start-up?

For those who already launched a start-up, the EWOR Traction Fellowship is designed to help them scale it.

What is the difference between the Ideation and Traction Fellowships?

For those who don’t have traction for their business idea yet, the EWOR Ideation Fellowship is entirely remote and turns aspiring entrepreneurs into a business owners.

For those who do already have traction, the EWOR Traction Fellowship is designed to help them scale their venture.

Where can I apply to the EWOR Traction Fellowship?

Please use the application form on our website to apply for our Fellowships. It’s an extensive questionnaire that inquires about your experiences, motivations, and qualifications. Applicants typically take at least 30 minutes to complete the questionnaire.

Can I apply with my co-founder?

Sure! At the same time, EWOR focuses on individuals to create the most value for your start-up. We recommend that only the (future) CEO of the company applies to the EWOR Traction Fellowship.

From what industries or technology sectors do you accept companies?

We do not limit our talent pool to a specific industry or technology sector.

How many talents do you accept?

The EWOR Ideation and Traction Fellowships have an acceptance rate of 0.1%.

Our selection committee consists of successful serial entrepreneurs and start-up investors - including several unicorn founders.

What time are the live sessions and do I need to attend them?

The live sessions are in the late afternoon or early evening CET time, but you will receive information on your schedule during the onboarding process. We do expect our Traction Fellows to be present for these feedback sessions. However, we understand that in some cases, circumstances will prohibit talents from participating.

What is the Grand Pitch?

The Grand Pitch takes place at the end of the Fellowship and offers an opportunity to pitch your start-up in front of a diverse group of angel investors and early-stage VC funds.

We will help you prepare for this virtual event during feedback and mentoring sessions. The Grand Pitch has been a game-changer for a lot of our talents and, in some cases, reduced fundraising time by more than 80%.

Are there any tuition fees?

There is no tuition fee for the Traction Fellowship. EWOR will invest in selected start-ups up to €150k at a € 1,5m post-money valuation cap.
All Traction Fellows receive an investment.

Will I receive a salary by joining the Traction Fellowship?

Once you join the EWOR Traction Fellowship, we might invest in your company to help you succeed. Nevertheless, you will not receive a salary for participating in the Fellowship.

Do you offer funding?

EWOR will invest in selected start-ups up to €150k at a € 1,5m post-money valuation cap. Our investment timing for Traction Fellowship applicants is flexible, as we can make investments at any stage - before, during, or after the fellowship officially kicks off. All Traction Fellows receive an investment.

Does EWOR take equity in my company?

EWOR will invest in selected start-ups up to €150k at a € 1,5m post-money valuation cap and receive equity accordingly. All Traction Fellows receive an investment.