Western Union Foundation Fellowship: A $40,000 in Seed Funding for Next-gen Leaders
Deadline: 15-Nov-22
The Western Union Foundation has announced the Fellowship for next-generation entrepreneurs and community leaders from and working with highly marginalized, refugee, and forcibly displaced communities around the globe.
This 16-week-long program is designed to equip these next-generation entrepreneurs and leaders with the skills and experience to increase access to economic opportunity, have the opportunity to earn seed funding, integrate into their communities, succeed in the evolving nature of work, and transform their communities.
This program is offered with virtual and in-person components that allows fellows to take advantage of the global cohort while also focusing on creating local impact within their communities. Virtual programming includes Impact Series, workshops, and weekly check-ins. In-person programming includes local Fellow-led Basecamps and a Fellow-led meetup.
Funding Information
$40,000 in seed funding will be distributed among the Western Union Foundation Fellows based on progress and impact throughout the Fellowship.
Program Structure
The Fellowship begins with a 2-week intensive Accelerator that will focus on:
Building Community
Community is one of the pillars of the Fellowship experience. A diverse cohort of young leaders and entrepreneurs form partnerships, collaborations, and further their growth and impact as leaders in their community.
Skill Development
Including fundraising, team building, transformative communication, growth mindset, courage, resilience, creativity, and leadership. Fellows will be guided through the process of overcoming key challenges faced during the process of becoming transformative leaders and entrepreneurs.
Basecamp Training
Each Fellow is trained and receives a stipend and logistical support to lead a three-day training (called Basecamp) in their home community to empower at least 25 additional entrepreneurial leaders
After the 2-week Accelerator, the 14-week Fellowship begins, which includes:
Leading an in-person/local Basecamp in their respective community. A stipend will be given for logistical and administrative costs.
Joining a monthly All Hands on Deck meeting that includes skill development workshops and opportunities to build community amongst the cohort.
Receive $500 in Seed Funding to launch/grow their ventures and initiatives.
Regularly attending Master Courses with the world’s leading entrepreneurs and practitioners. Past Master Course Teachers include recognized leaders of Nobel Peace Prize winning movements, the youngest person to run for U.S. Congress, and the inventor of Google’s self-driving car.
Joining a pod with other Fellows from their respective regions and checking in regularly with each other via one-on-one meetings.
Eligibility Criteria
The Western Union Foundation Fellowship is for next-generation high-promising entrepreneurs and community leaders who are from and working with highly marginalized, refugee, and forcibly displaced communities around the globe.
The foundation is looking for applicants from and are working in the following countries: Mexico, Kenya, Austria, Brazil, Canada, Colombia, Costa Rica, Ethiopia, France, Germany, India, Italy, Jordan, Lebanon, United Arab Emirates, Pakistan, Peru, Philippines, Saudi Arabia, Turkey, Uganda, United Kingdom, United States, and Afghanistan.
Ideal applicants will join with relevant social impact and leadership experiences with proven experience of building community development projects within these communities.
Western Union Foundation Fellows must be able to commit to be part of the 16-week program from January 19th to May 4th, 2023. There is a 2-week intensive (20-25 hours per week) followed by a 14-weeks of weekly programming (5-8 hours per week). Fellows will be given a stipend and spend an additional 80-100 hours implementing a 3-day intensive program called Basecamp.
For more information, visit https://watson.is/western-union-foundation-fellowship/