Application Deadline: 15 April, 2024
LOCATION: USA
Vital Voices Global Fellowship – Social Entrepreneurship empowers visionary women changemakers leading for-profit, purpose-driven enterprises that are addressing the United Nations Sustainable Development Goals (SDGs). The Social Entrepreneurship pillar is tailored for women entrepreneurs who understand their business valuation, have identified their business growth strategy, are interested in expanding their social impact, and are eager toscale their business through investment.
ELIGIBILITY:
To qualify for the program, applicants are required to meet the following criteria:
Hold a key decision-making role in a legally registered, for-profit, purpose-driven business addressing the UN Sustainable Development Goals (SDGs) with measurable social impact.
Exhibit a track record of generating a minimum annual revenue of USD 100,000.
Possess a proven business model with growth potential, evidenced by a minimum of three full-time paid employees (or equivalent) and an operational history of at least two years.
Clearly articulate an identified growth strategy to be initiated within 12 to 15 months after the program.
The application process will include two stages. Upon successful completion of the initial application, shortlisted candidates will be invited on a rolling basis to participate in a second stage to provide key information and documents related to financial model, team structure,
business model, and business plan.
BENEFIT:
Through the program, fellows will:
Examine their business plans and refine their goals for growth
Examine and better understand their capital needs
Develop a strategic plan to grow their business through investment
Acquire the knowledge to access relevant investment opportunities
Learn to craft compelling narratives for investment opportunities
Develop pitch decks that resonate with the ethos of the SDGs and investor expectations
In addition, fellows will be supported by a robust, global supportive network. Upon completing the fellowship, fellows will have solidified their growth strategies and be prepared to pursue investment opportunities.
Cost: All costs associated with the program are fully covered by Vital Voices Global including travel, lodging, and meals for the in-person convening.