Global Good Fund Fellowship for Young Entrepreneurs

Deadline: 1 June 2015
Open to: young social entrepreneurs under 40-year old
Fellowship: up to $10,000 per founder

The Global Good Fund Fellowship is a 15-month program supporting the leadership development of young social entrepreneurs across the globe. The Global Good Fund  invests in these innovators by pairing them with executives who serve as coaches and by providing leadership assessment resources, a network of peers, sector expertise and targeted financial capital.

The Fellowship Program is composed by the following elements:

• 360 MIRROR;
• Leadership Development Plan (LDP);
• Coaching;
• Annual Summit;
• Targeted Funds;
• Peer & Subject Matter Expert Network.

Eligibility

• Demonstrated leadership and growth potential;
• The candidate must be at a critical point for his/her leadership or for the future of the enterprise;
• Candidate is committed to social impact and is driving significant change in his/her industry;
• The enterprise that the candidate leads is at least one year old;
• The enterprise must have at least one full-time employee in addition to the candidate;
• Candidate is committed full‐time to running his/her enterprise;
• Candidate  is eagerly embraces, honest and has a desire to learn;
• Ability to dedicate 15 months to The Global Good Fund Fellowship while remaining in his/her workplace;
• Candidate must be willing to drive the Fellowship process and take ownership of his/her leadership development;
• Candidate actively mentors and invests in team members or other individuals;
• The enterprise exhibits growth potential, meaning scale or depth of outreach;
• The enterprise is moving toward a model of financial sustainability whereby 50% or more of the budget is covered through revenue generation. If this level has not been achieved, this goal must be a top priority for the candidate and his/her enterprise;
• Under 40 years old (if 40 or older, explain rationale for Fellowship).

Fellowships

The young entrepreneurs will receive up to $10,000 funding that has to be used for developing their enterprise.

How to apply?

The application process contains 4 phases:

• Part 1: Preliminary questionnaire. Deadline 1 June 2015;
• Part 2: Short video recording. Deadline 15 June 2015;
• Part 3: Written part that assesses leadership, the enterprise and social impact. Deadline 1 July 2015;
• Part 4: Two hours virtual site visit with the Global Good Fund team. Scheduled between September- October 2015.

All candidates will be notified about selection by 1 December 2015.

If you have any questions or comments please contact H.Kelly Shin at HKelly.Shin@globalgoodfund.org.

For more information please visit the official webpage.