South Park Commons: terms, dates and the 26-question check
Money invested: $1M (Fellowship). Stake taken: 7% (Fellowship), none for the residency. Applications today: open, rolling intake. Everything below comes from the program’s own official pages, read on 2 November 2026.
Applications today
Open, rolling intakeAs read on 2 November 2026 from the official page.
No deadline is published for the windows listed.
Member Residency: rolling intake, no deadline. ResidencyRead on 2 November 2026
Founder Fellowship, Spring 2027 round (opening date not published): closed. ApplicationRead on 2 November 2026
Terms at a glance
Only what the official site states. Each line links to the page it comes from.
Money invested
Founder Fellowship$1M in total: $400,000 up front, plus $600,000 guaranteed in your next venture roundFAQRead on 2 November 2026
Funding pathway$1M to $10M for founders building a venture-scale companySouth Park Commons home pageRead on 2 November 2026
Stake taken
Founder Fellowship7% equity through a SAFEFAQRead on 2 November 2026
Member ResidencyNo membership fee or duesFAQRead on 2 November 2026
Format
Member ResidencyCommunity residency for exploring ideas, with learning groups and workshopsFAQRead on 2 November 2026
Founder FellowshipFunded; an 8-week in-person bootcamp in a small cohort, then a residency phase with no fixed endSPC Founder Fellowship Fall 2026Read on 2 November 2026
Place
San Francisco, New York City or Bengaluru officesFAQRead on 2 November 2026
Duration
Member Residency6 monthsFAQRead on 2 November 2026
South Park Commons is passed through the 26 questions of the Builder Residency Due-Diligence Checklist. 5 have a public answer, 10 are partly answered and 11 are not published on the pages read. A missing answer is a question to put to the program, not a verdict.
Questions in English follow the open checklist v1.0. Answers are summaries of the linked official page, not quotations.
Operator
BRD-01
The legal or responsible operator is named.
Partly published
The Terms of Service name South Park Commons and give a street address in San Francisco. The legal form and registration number are not published on the pages read.
Application status and decision dates are current.
Published
The apply page says whether the Fellowship is open and when the next round is expected, and the residency page says new members are accepted on a rolling basis. See the box "Applications today".
Exact arrival, departure and program dates are stated.
Partly published
For the Fall 2026 Fellowship, the bootcamp period was given in months and a deadline date was stated. Member Residency has no fixed start date: it is rolling.
Room allocation, occupancy and accessibility are described.
Not published
Not published on the pages read, ask the program
BRD-07
Capacity and minimum viable cohort are disclosed.
Partly published
The FAQ gives the size of the community (about 175 active members) and says Fellowship cohorts are small, with one partner for every two companies. No maximum capacity or minimum cohort is published.
The FAQ states that there is no membership fee or dues, and that Member Residency is fee-free and equity-free. Fellowship funding terms are listed above.
The FAQ lists accountability groups, learning forums, speaker series, workshops and roundtables, and the Fellowship post lists credits and perks. A list of what is not included is not published on the pages read.
Insurance expectations and exclusions are explicit.
Not published
Not published on the pages read, ask the program
Safety
BRD-14
Emergency contacts and evacuation procedures exist.
Not published
Not published on the pages read, ask the program
BRD-15
Health, accessibility and accommodation needs have a private route.
Not published
Not published on the pages read, ask the program
Community
BRD-16
House rules cover guests, noise, substances and shared spaces.
Partly published
The Terms set general community guidelines (respect, a safe and inclusive environment) and refer to additional rules communicated by SPC. Rules on guests, noise, substances and shared spaces are not published on the pages read.
Conflict, harassment and removal procedures are defined.
Partly published
Harassment is listed as prohibited conduct, and a breach may lead to suspension or termination of access. A complaint route and a decision process are not described on the pages read.
Photography and public-content participation require separate agreement.
Not published
Not published on the pages read, ask the program
BRD-19
Confidential projects and intellectual property remain under participant control.
Partly published
The FAQ says that as a member, the SPC Fund has no right to invest in a company you start. Other confidentiality and intellectual-property terms are not published on the pages read.
The expected work rhythm and mandatory activities are stated.
Published
The FAQ states one expectation: that members show up, meaning working from SPC's spaces during the week, staying active in the private Slack and contributing.
Each participant controls their project and milestone.
Partly published
The FAQ says Fellows are not forced onto strict timelines, and that Member Residency carries no fee and no equity. The Fellowship itself comes with a SAFE investment.
Selection criteria and conflicts of interest are described.
Partly published
The FAQ says who should apply and describes the process. It also discloses that the fund's management fees cover the community's operating costs. Detailed selection criteria are not published.
Testimonials identify the cohort and have publication permission.
Not published
Not published on the pages read, ask the program
BRD-24
Launch, revenue, funding and partnership claims link to a verifiable record.
Not published
Not published on the pages read, ask the program
BRD-25
Outcomes state starting point, time horizon and limitations.
Not published
Not published on the pages read, ask the program
Decision
BRD-26
Unresolved questions are listed before payment or travel.
Not published
Not published on the pages read, ask the program
Questions people ask
How much does South Park Commons invest?
Founder Fellowship: $1M in total: $400,000 up front, plus $600,000 guaranteed in your next venture round; Funding pathway: $1M to $10M for founders building a venture-scale company. Source: the official pages read on 2 November 2026.
What share of the company does South Park Commons take?
Founder Fellowship: 7% equity through a SAFE; Member Residency: No equity ("no cost or equity"). Source: the official pages read on 2 November 2026.
Does South Park Commons charge participants a fee?
Member Residency: No membership fee or dues. Source: the official pages read on 2 November 2026.
Are applications to South Park Commons open today?
Open, rolling intake. Member Residency: rolling intake, no deadline. Founder Fellowship, Spring 2027 round (opening date not published): closed. Source: the official pages read on 2 November 2026.
Where does South Park Commons take place and for how long?
San Francisco, New York City or Bengaluru offices; Member Residency: 6 months; Founder Fellowship: No fixed end date. Source: the official pages read on 2 November 2026.
Official pages read
All read on 2 November 2026. Facts that are not on these pages are marked as not published.
Crucible CLUB is an independent project presented by IVRYN. It is not affiliated with South Park Commons, is not paid by it and does not endorse it. Crucible CLUB has no confirmed cohort and takes no position on which program to join.