We’re excited to share an update from our former President, Andrew Yang, who left us to found the Venture for America fellowship program. Venture for America Fellows, once selected, work for 2 years in a start-up or growth company in a U.S. city with the goal that they go on to become entrepreneurs. Each class receives $100,000 in seed funding at the conclusion of the 2 years. VFA supporters and board members include Jeff Weiner, the CEO of LinkedIn, Tony Hsieh, CEO of Zappos, and David Lee of SV Angel among many others.
Over the past two years we’ve had Andrew introduce Venture for America, we shared the Time Magazine story about VFA, and we announced their latest Summer Celebration. We even shared that time that Andrew met President Obama!
Now we want to let you know that the application deadline for the 2013 fellowship is rapidly approaching! You can apply here.
Here’s the update from Andrew and Venture for America:
VENTURE FOR AMERICA , FINAL APPLICATION DEADLINE APPROACHING!
Venture for America sends young, talented graduates to work for startups in emerging cities (ie. Cincinnati, Detroit, New Orleans, Providence, Las Vegas, Baltimore, etc.), with the goal of mobilizing them as entrepreneurs moving forward.
VFA’s mission is threefold:
To revitalize American cities and communities through entrepreneurship.
To enable our best and brightest to create new opportunities for themselves and others.
To restore the culture of achievement to include value-creation, risk and reward, and the common good.
VFA recruits the best and brightest recent college graduates, provides them with training and mentorship, and places them at partner startups to help grow those organizations. This is an opportunity for students who want to learn how to build companies.
The 2013 Venture for America Fellowship consists of the following components:
· Training – a 5-week crash course in startup readiness, held at Brown University in Summer 2013
· Company Placement – 2 years of work at a start-up or early stage company
· Programming and Capstone – Regular assignments, readings, and meetings, including a $100k prize at the conclusion of the program