Entrepreneur in Residence
soonami is Scaling Its EIR Program with 150,000 SNI in Rewards and $125K in Potential Funding for Founders (1 SNI =0.4 USD and can be converted to USD via Uniswap)
- 54,000 SNI tokens to be shared across 6 selected teams
- That’s 9,000 SNI tokens per team plus 6,000 SNI as locked rewards for each team.
- That's 15,000 total SNI tokens per team, making it 90,000 in SNI rewards as the total prize pool for six EIR teams
- In addition to the above six teams, we will have upto two additional EIR projects which have at least one Rank 5+ founder with a compensation of 18k SNI per team over the course of 3 months and 12k SNI staked. So that's' 30k SNI per team
- This takes the reward pool for all 8 EIR teams to upto 150k SNI
- In addition to the above, there is an opportunity to pitch for $125,000 in funding from soonami’s investment committee
Who is this position ideally for?
- Tech founders looking for funding - web3 or AI
- Business founders looking for funding - web3 or AI
- Developers looking to upskill or network globally and gain CTO experience
- Developers looking to startup (while continuing their 9-5 job)
Tasks
- After your application gets accepted and you proceed to the next step, you'll have to apply for the soonami Venturethon, which is a second process to vet candidates
- Fill out your form on app[.]foundance[.]org/events/soonami-cohort-8
- The above is necessary for shortlisting
- After that you join the 10 day sprint and at the end of it are told whether or not you've made it to EIR. This kicks off on 15 September 2025.
- Once you are in EIR, post 12-15 weeks you get a chance to pitch to investors provided you have performed well in the cohort
Requirements
Expertise in any of the below.
Web3
- Blockchain Development
- Decentralized Application (DApp) Development
- Smart Contract Development
- Web Development Skills
- Understanding of Decentralized Finance (DeFi)
AI
Benefits
- 9,000 SNI tokens per team plus 6,000 SNI as locked rewards for each team.
- For Rank 5+ founder: compensation of 18k SNI per team over the course of 3 months and 12k SNI staked. So that's' 30k SNI per team
- A certificate of completion of the EIR program
- Funding potential available of upto $125k for those who stick around for the 12-15 weeks EIR program and ace the IC (Investment Committee)
Rank5+ Founder Qualifications
- Rank 1: No prior entrepreneurial experience
- Rank 2: Previous entrepreneurial ventures
- Rank 3: Recognized achievements like University graduates or Hackathon winners
- Rank 4: Ivy League/Elite university graduates, PHDs, Executives with Leadership position
- Rank 5: Ivy League/Elite university PHDs, C-Level executives with leadership experience in Top 1000 companies/employee experience in Big Tech (Magnificent 7)
- Rank 6: Notable accomplishments such as Olympic champions, regatta winners, Corporate C-Level positions in Top 1000 Companies, or leadership roles in Big Tech (M7)
- Rank 7: Past exits worth 1 million USD, successful funding rounds
- Rank 8: Exits or funding rounds exceeding 10 million USD as a founder
- Rank 9: Exits or funding rounds surpassing 100 million USD as a founder
- Rank 10: Reserved for exceptional individuals like Elon Musk, unicorn founders, or Nobel Prize winners
Your Team
- If you have an existing co-founder/team, they can continue to work with you
- You can also look for a co-founder from the soonami community. We can assist with this process
Ventures we have funded
- AuditOne
- unbounded.dao
- Foundance
- Rethink Finance
- DearFlow
What You’ll Get During the 12-15 Week EIR Program
You’ll join a curated 3-month journey alongside a brilliant, global community of founders, mentors, and operators. Here’s what’s in store:
- Deep-dive training on product, marketing, go-to-market, and fundraising
- Weekly check-ins, AMAs, expert-led masterclasses
- A supportive peer network and access to Soonami’s ecosystem partners
- A guaranteed spot at Soonami Demo Day to pitch for additional funding
- A path to launch your startup — from idea to MVP to investment
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