Pricing mission statement

Pricing mission statement

The truth behind our price.

As a purpose-driven company we believe that transparency and honesty are key to building a strong community.

As a social enterprise, we stand behind the idea that doing good whilst doing business is possible. Our mission, after 5 years of being in business, is still to democratize access to entrepreneurship support and resources globally.

The truth is that our purpose is stronger than anything else, and we invest $11,316.8 monthly to achieve our mission through our B2C Model, also known as The Leap, our subsidized 3-month program for early-stage entrepreneurs.

Because we envision a world in which innovation is no longer a luxury of the city centers benefiting only a few entrepreneurs but an opportunity for anyone with the personal purpose of doing good while doing business, we established an initial price beneath the market price and have granted financial aid support to 81% of our entrepreneurs for up to 66% of the price of the program.

We used to grant financial aid for economic reasons like refugee status, single-parent household and no access to higher education or an income below 10,000 USD yearly.

We're on a mission to democratize access to entrepreneurship support worldwide

We will stop doing this. Financial Aid will no longer be available.

We have decided to lower our price even more for everyone in underdeveloped countries, not just those that seek financial aid support.

Naively, when we started out, we thought our price was a “one-size fits all” and with time we have learned more and more about the economic and social gaps that exist in the entrepreneurship ecosystem. We’ve decided to re-do our pricing strategy to fit the reality of the ecosystem and we want to share it with you.

For full transparency. Running The Leap Program costs:

Total Monthly Costs

$11,316.8

Avg. Number of Entrepreneurs in our Program monthly:

10

 Cost per entrepreneur incubated to The Leap Program monthly:

$1,131.6

Running the program operationally
This includes selecting the best mentors for the program, onboarding everyone to the platform, and continuous support during incubation.
$410
Tech support for all entrepreneurs and mentors $2,685.90
Growth of the program $3,725.30
Partnerships and Perks for entrepreneurs and mentors
This includes the resources, masterclasses, sharing opportunities post-program, follow-up with entrepreneurs after finishing the program and facilitating our online community.
$1,134.60
Advertising $700
Software and Tools $497.5
Office Expense $1,666
Sales $1,134.6

We present to you our new pricing strategy

Group A

$100 USD

per month for 3 months

Countries starting and including at #61 and forward in the World Bank’s GDP List of 109. 

Most of our applications to the program come from countries in these regions and entrepreneurs often encountered a blocker when it comes to pricing. We hope this pricing suits better their possibilities. 

Group B

€175 USD

per month for 3 months

Countries from #36 to #60 in the World Bank’s GDP List 2019.

We have maintained the initial price as we keep learning what’s possible for entrepreneurs in these countries while maintaining the programs running.

Group C

$300 USD

per month for 3 months

Countries from #1 to #35 in the World Bank’s GDP List 2019.

Some of our entrepreneurs are from these countries and through data analytics we’ve learned this is an accessible price for these countries. 

As you can see, you pay way less than what it really costs and this made our model not viable. We had to find a second model that helped us achieve our mission of providing high-quality entrepreneurship support to purpose-driven entrepreneurs everywhere.

We are able to offer you a subsidized price because we have a second business model in which we create, design and manage programs with corporates, universities, public foundations and governments to boost innovation worldwide.

We support entrepreneurs through our programs built with partners and these programs help us support even more entrepreneurs through our flagship incubation program, The Leap. As easy as that.

Join us today!