{"id":21606,"date":"2024-05-27T15:52:27","date_gmt":"2024-05-27T15:52:27","guid":{"rendered":"https:\/\/presspay.ng\/news\/?p=21606"},"modified":"2024-05-27T15:52:32","modified_gmt":"2024-05-27T15:52:32","slug":"call-for-applications-the-legatum-center-at-mit-foundry-fellowship-2024-for-young-african-entrepreneurs","status":"publish","type":"post","link":"https:\/\/presspay.ng\/news\/call-for-applications-the-legatum-center-at-mit-foundry-fellowship-2024-for-young-african-entrepreneurs\/","title":{"rendered":"Call For Applications: The Legatum Center at MIT Foundry Fellowship 2024 for Young African Entrepreneurs"},"content":{"rendered":"\n<p>The Foundry Fellowship embodies this belief through its creation of a community of Africa-based entrepreneurs who share a vision for a continent where people, ideas, and resources move across borders, and where ecosystems enable innovation-driven entrepreneurs to thrive and scale. This community plays a critical role in shifting the narrative of Africa to one of abundance, opportunity, innovation, and dynamism.<\/p>\n\n\n\n<p>The Foundry Fellowship is an eight-month, transformative experience for accomplished entrepreneurs who are committed to leading the acceleration and interconnection of Africa\u2019s innovation and entrepreneurship ecosystems. \u202f&nbsp; The fellowship is designed for principled leaders who seek to catalyze systems transformation and inclusive growth across Africa.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"eligibility\"><strong>ELIGIBILITY<\/strong> <strong>CRITERIA:<\/strong><\/h3>\n\n\n\n<p>The fellowship is open to Africa-based entrepreneurs who have: 1) founded\u202fand scaled\u202fa for-profit, innovation-driven company, AND 2) who are now at an inflection point and are preparing to transition into leadership in one of the following ways:<\/p>\n\n\n\n<ol class=\"wp-block-list\" start=\"1\">\n<li>By transitioning from running your innovation-driven enterprise to taking on a new leadership role within the ecosystem; for example, you may be launching a venture capital fund, starting an accelerator, or pursuing a path in policymaking;<\/li>\n\n\n\n<li>By founding a venture or support organization that will specifically help build innovation and entrepreneurial ecosystems across Africa;\u202for<\/li>\n\n\n\n<li>By expanding your innovation-driven enterprise across the continent, and through that expansion, focus on ecosystem development to reach your growth goals.<\/li>\n<\/ol>\n\n\n\n<p id=\"nominations-applications\"><strong>APPLICATION DETAILS<\/strong><\/p>\n\n\n\n<p>The application includes:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Personal demographic information and contact information;<\/li>\n\n\n\n<li>Details about your role as a founder and your company;<\/li>\n\n\n\n<li>Essay questions\u202fon your interest in the Fellowship program, questions about your role as an ecosystem builder, and what entrepreneurial leadership means to you;<\/li>\n\n\n\n<li>A\u202f<strong>resume<\/strong>\u202foutlining\u202fyour\u202feducational background, professional experience, leadership positions held, and community engagement;<\/li>\n\n\n\n<li>A\u202f2-minute\u202f<strong>video<\/strong>\u202f(in English), summarizing the key points of your application, and;<\/li>\n\n\n\n<li>Two\u202f<strong>letters of recommendation<\/strong>\u202ffrom people who know you as co-founder, mentor, board member, or senior manager in your company (note: you are responsible for giving recommenders sufficient time to complete the recommendation letters before the application deadline).<\/li>\n<\/ul>\n\n\n\n<p><strong>KEY DATES<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>May 17: The application period opens.<\/li>\n\n\n\n<li>June 30: The application period closes.<\/li>\n\n\n\n<li>July-August: Interviews with Legatum Center staff, community, and Foundry Fellow alumni.<\/li>\n\n\n\n<li>September: Acceptance letters sent; commitments made.<\/li>\n\n\n\n<li>October: Orientation (virtual).<\/li>\n\n\n\n<li>November: Africa ecosystem tour (location TBD; approximately one week of travel).<\/li>\n\n\n\n<li>January\/February: Africa ecosystem tour (location TBD; approximately one week of travel).<\/li>\n\n\n\n<li>April\/May: US ecosystem tours (first location TBD; second location will be Boston\/Cambridge; approximately two weeks of travel) and fellowship celebration event.<\/li>\n<\/ul>\n\n\n\n<p><strong>Deadline: June 30, 2024<\/strong><\/p>\n\n\n\n<p><strong>Click&nbsp;<a href=\"https:\/\/legatum.mit.edu\/foundry-fellowship\/\">HERE<\/a>&nbsp;to Apply<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Foundry Fellowship embodies this belief through its creation of a community of Africa-based entrepreneurs who share a vision for<\/p>\n","protected":false},"author":1,"featured_media":11360,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"colormag_page_container_layout":"default_layout","colormag_page_sidebar_layout":"default_layout","footnotes":""},"categories":[41],"tags":[],"class_list":["post-21606","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-fellowship"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - 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