Entrepreneur First vs STATION F
How Entrepreneur First and STATION F compare on investment, equity, format, stage and timing. Every figure comes from the programs' own sites, verified November 4, 2026.
| Entrepreneur First | STATION F | |
|---|---|---|
| Investment | $250K | Not published |
| Deal terms | Equity-free stipend during ideation, then up to $250K investment after company formation (third-party sources report $125K post-money SAFE for 8% plus $125K uncapped MFN SAFE; not confirmed on EF's site) | Founders Program: from EUR 259 per desk per month, no standard investment; Fighters Program: free. Current equity terms not published (a 2022 announcement mentioned a 1% stake). |
| Format | In-person | In-person |
| Headquarters | London, United Kingdom | Paris, France |
| Stage | pre-idea, pre-seed | pre-seed, seed |
| Sectors | general, deep tech, ai | general, ai |
| Duration | Not published | 3-18 months (Founders Program) |
| Application cycle | Multiple cohorts a year per location | rolling (Founders Program); Fighters Program runs periodic rounds |
Investment is the full standard package; where part of it is an uncapped SAFE, the equity stake covers only the fixed part (see deal terms). Terms change; confirm on each official site before applying.
About
Entrepreneur First
Entrepreneur First (EF) is a talent investor that recruits individuals before they have a co-founder or idea, helps them form teams, and funds the resulting companies. It gives an equity-free grant during the ideation phase and invests up to $250K once a company is formed, with follow-on capital available. Current hubs are London, Bangalore and San Francisco, with Demo Day in San Francisco.
Notable alumni: Cleo, Aztec, Magdrive, Omnea, Sonantic
About
STATION F
Paris startup campus that hosts its own programs (the flagship Founders Program, the free Fighters Program for underrepresented founders, and an AI-focused F/ai program) alongside about 30 partner programs run by corporates, schools and investors such as Meta, LVMH, HEC and INSEAD. Its programs charge for desks rather than providing a standard investment.
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