The Legatum Center for Development and Entrepreneurship at the Massachusetts Institute of Technology (MIT) was founded on the belief that entrepreneurs and their market-driven solutions are critical to advancing sustainable prosperity across global growth markets.
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.
The Foundry Fellowship is a six-month, transformative experience for accomplished entrepreneurs who are committed to leading the acceleration and interconnection of Africa’s innovation and entrepreneurship ecosystems.
Eligibility
The fellowship is open to Africa-based founders who have:
1) founded and scaled a 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:
– 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;
– By founding a venture or support organization that will specifically help build innovation and entrepreneurial ecosystems across Africa;
– By expanding your innovation-driven enterprise across the continent, and through that expansion, focus on ecosystem development to reach your growth goals.
Application Opens: May 26 2023 11:00 AM (EDT).
Deadline: Jul 7 2023 11:59 PM (EDT)
Get more details and apply HERE or nominate HERE
