The Residence
A revolutionary approach to supporting early-stage founders. Live and work rent-free while building your startup.
The Residence provides selected founders with fully-furnished living and working spaces for up to 12 months, allowing you to focus entirely on building your company without the burden of living expenses.
The Concept
We're pioneering a new model of founder support that addresses one of the biggest challenges for early-stage entrepreneurs: living expenses.
Why We Created The Residence
At Crewstake, we've learned that many promising founders struggle with basic living expenses while building their startups. This financial pressure often forces them to take on side jobs or rush to market prematurely.
The Residence eliminates this pressure by providing a fully-supported living and working environment, allowing founders to focus 100% on what matters most: building a great product and finding product-market fit.
Our Philosophy
We believe that by removing the financial burden of living expenses and creating an immersive, collaborative environment, we can significantly increase the chances of startup success. The Residence is designed to foster innovation, collaboration, and focused execution.
Benefits
The Residence offers a comprehensive support system designed to maximize your startup's chances of success.
What You Get
- Zero rent or living expenses for up to 12 months
- Focus entirely on building your startup without financial stress
- Live and collaborate with like-minded founders
- Direct access to Crewstake's network of mentors and investors
- Regular workshops and skill-building sessions
- Potential for follow-on investment from Crewstake
Amenities
Private Accommodation
Fully furnished private rooms in premium locations
High-Speed Internet
Enterprise-grade connectivity for seamless work
Workspace
Dedicated workspaces with all necessary equipment
Kitchen & Dining
Fully stocked kitchen and communal dining areas
Community
Live alongside other ambitious founders
Mentorship
Regular access to Crewstake mentors and advisors
The Process
From application to graduation, here's how The Residence works.
Application
Submit your startup idea and team information through our online portal
Selection
Selected teams are invited for interviews with the Crewstake team
Onboarding
Successful applicants move into The Residence and begin their journey
Development
12 months of focused product development and market validation
Graduation
Successfully scaled startups transition to their own space or continue with Crewstake support
Frequently Asked Questions
Everything you need to know about The Residence program.
Who is eligible for The Residence?
Early-stage founders with innovative ideas in technology, particularly in AI. We look for strong teams with technical capabilities and a clear vision.
What's the equity arrangement?
In exchange for the living space and support, Crewstake takes a small equity stake in your company, a flat 10%.
Where are The Residences located?
Our first Residences will be located in Brisbane, Australia, in a location that we believe might be the next Silicon Valley. We are also looking to expand to other major cities in the future.
What happens after 12 months?
Startups that achieve significant traction may receive follow-on investment and support from Crewstake. Others will graduate from the program with our continued mentorship.
Is The Residence only for tech startups?
We primarily focus on technology startups, with a special interest in AI ventures, but we're open to innovative ideas in other sectors as well.
How many founders can participate?
Each Residence can accommodate up to 3 founders from the same startup. For larger teams, we can discuss special arrangements.
Ready to Build Your Startup?
Applications for The Residence are now open. Join our community of innovative founders and build your startup with the support you need.