The ACT Fellowship Program, a venture philanthropy initiative of ACT, is accepting applications for its 2023-24 cohort. The program invites young professionals who are passionate about creating social change and are looking to embark on a journey in the social impact sector.
The nine-month, full-time program provides a unique opportunity for aspiring change-makers to learn how venture capital principles can be applied in philanthropy to catalyze social impact on a larger scale. This learning will be facilitated by leading investors, founders, and social impact leaders.
On successfully completing the program, each Fellow will receive a monthly stipend of Rs. 60,000 and a letter of experience. The program is fully-funded and offers an immersive experience in one of ACT’s four focus areas: ed-tech, public healthcare, climate action, and gender inclusivity. The Fellows will work on a wide range of live projects, including sector research, deal-flow sourcing, due diligence, investment pitches, portfolio management, impact assessment, and more.
The 2023-24 cohort will consist of five Fellows. The minimum eligibility criteria for applicants include being a resident Indian citizen, holding a graduate degree from an accredited university, and at least two years of experience in start-up, investing, consulting, or social sector work.
The deadline for applications is on 7th August 2023.