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Home General

African Entrepreneur? Apply for Legatum Foundry Fellowship

by Dare Afolabi
2021/06/02 - Updated on 2021/06/04
in General
Legatum Foundry - techbuild
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The Legatum Center at MIT has launched the Foundry Fellowship Program for founders based on the African continent.

The program seeks African founders who have scaled innovation-driven companies and have found themselves at a point of making significant changes in the course of their entrepreneurial journey.

The Legatum Foundry offers a platform for African founders to reflect on their entrepreneurial journey, while reimagining their commitment in shaping the continent’s innovative ecosystem.

The Foundry Fellowship brings together leaders who have demonstrated a commitment to bringing about change through entrepreneurship and are ready to build the leadership skills to carry them into the next phase of their entrepreneurial journey.

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The Fellowship is open to entrepreneurs from Africa who have founded and scaled for-profit innovation-driven companies on the African continent, with a preference for entrepreneurs operating in Ethiopia, Ghana, Kenya, Nigeria, Rwanda, Senegal, and Uganda.

Benefits of the program
  • The Legatum Foundry Fellowship is a fully-funded six-month program designed to
  • Increase their leadership acumen
  • Explore pathways to impact as entrepreneurs, policymakers, thought leaders, and investors
  • Exchange practical knowledge with MIT faculty and students
  • Engage in multi-stakeholder networking opportunities in the MIT ecosystem.
Criteria for participation
  • Candidates should have a demonstrated history of impact, commitment, and concrete connection to the region and have already achieved considerable success with their ventures.
  • Have founded and scaled a for-profit innovation-driven company on the African continent, with a preference for founders of companies with operations in Ethiopia, Ghana, Kenya, Nigeria, Rwanda, Senegal, and Uganda
  • Applicants who have founded and scaled a company outside of the same countries mentioned above should have a demonstrated interest in supporting economic growth in at least one of the aforementioned seven countries
  • Are at an inflection point in their entrepreneurial journey and are considering the next phase
  • Are prepared to dedicate time and space for their own self-discovery and leadership development to achieve the next milestone
  • Are able to participate in regular online sessions and cohort activities, from September 2021 through March 2022
  • Are able to commit to a three-week in-person session in April 2022
  • Founders from the same company may apply, but each founder must complete a unique application. Each founder will be considered independent of a co-founder
How to apply

Interested entrepreneurs can apply here. The deadline for application is Saturday, June 10, 2021.


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