The Costs

There is a cost, but you don’t pay any of it!
As a Fellow, you’re charged $10,000 to attend the Unreasonable Institute. But you’re not allowed to pay it. Instead, we challenge you to raise those funds as a test of your entrepreneurial mettle on the Finalist Marketplace. Of the 50 finalists remaining in our selection process, the first 25 to reach the $10,000 milestone are chosen to attend. The catch is you are only able to raise these funds in small increments – $10 increments in week 1, $50 increments in week 2, and so forth. Why? We want to avoid what we call “the Rich Uncle Problem,” so that one wealthy individual cannot simply give you the funds. Instead, we want to ensure this is a true test of your (and other entrepreneurs that will attend with you) ability to rally and inspire hundreds of others to send you to Unreasonable! Read more about the Marketplace here!

What does this pay for?
Below is a brief explanation about what the $10,000 covers. Our goal is to do all that we can to provide unmatched value for the cost to attend, both now and into the future. We work diligently to keep all our expenses low without sacrificing quality and value. For example, we run the program in June and July because we are able to rent a large house at a fraction of the cost than if we did it at another time of the year. We very much realize that the lower we can keep the cost, the easier it will be for entrepreneurs to attend.

During the Institute, the main expenses include:

• Renting and outfitting the house to run the Institute, the most essential part of the Institute.
• Feeding everyone and having a chef prepare meals.
• Travel expenses for out of state mentors.
• Staff salaries during the Institute, including summer Associate Directors.
• Costs to put on events that put Fellows in front of hundreds of potential capital sources, partners, teammates, and resources at events such as the culminating the event the Unreasonable Climax (we attempt to get these events to generate revenue to cover their all of their costs)

Additionally, the $10,000 covers a small portion of the overhead costs that are necessary to prepare for and provide value after the Institute, including:

• Building and adding valuable features to the Unreasonable Network for Fellows to connect with past, present and future mentors, Fellows, and partners.
• Building the Finalist Marketplace, the vehicle that allows Fellows to attend the Institute without paying a dime themselves by garnering the funds required to attend the Institute securely, from people around the world (and gaining unprecedented exposure in the process).
• Paying the Unreasonable team, the ones who build relationships with mentors and partners, make the Institute happen, develop the necessary platforms, and generally make it the Institute a reality.