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.
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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