TruePhil is a virtual incubator that firmly believes in young entrepreneurs (current students or graduates within 5 years, under the age of 30, and pre-angel investment stage). By connecting with enterprises and hundreds of mentors with practical industry experience, we deeply and systematically accompany the growth of the new generation of entrepreneurs for at least six months. TruePhil provides each incubated founder with a flexible, personalized, and supportive mentor team, along with business and management tools, monthly accountability group meetings, and a peer community. This helps them stay true to their original mission, innovate for good, avoid detours on their entrepreneurial journey, and not feel alone.
TruePhil offers in-depth support and accompaniment to new-generation entrepreneurs for at least 6 months. We provide customized incubation services for projects at no cost. However, we hope to agree with the teams to donate 1% of the incubated project's equity to the E-Youth to support long-term youth development.
Since the inception of our incubation recruitment in 2021, TruePhil has connected entrepreneurial community resources from global universities such as Tsinghua University, Peking University, The University of Hong Kong, Shanghai Jiao Tong University, Fudan University, Zhejiang University, National University of Singapore, University of Sydney, and Columbia University. TruePhil has signed incubation agreements with 36 youth entrepreneurial projects from these universities, focusing on complex technology, educational research and study, new consumer sectors and more. TruePhil maintains deep collaborations with over 830 project teams.