Acumen is offering global fellowship program for international applicants annually. Individuals should have a minimum of 3 years work experience. This is a 12-month fellowship program. The fellowship begins with an eight-week training program in the Acumen New York office, where fellows will learn about business models for the poor, hone their leadership skills and learn more about Acumen. Fellows work at one of Acumen’s portfolio companies as key staff members for nine months. The deadline for applications is December 7th.
Study Subject (s): Fellows will learn about business models for the poor, hone their leadership skills, and learn more about Acumen (eight-week training program). After training, each Fellow will work on a critical business issue facing the organization.
Course Level: Global Fellows Program is a 12-month fellowship program.
Scholarship Provider: Acumen fund
Scholarship can be taken at: USA and India, Kenya, Pakistan, South Africa, Tanzania, Uganda, and Peru (current Acumen’s portfolio companies).
Eligibility:-Applications for the Global Fellowship are highly competitive. While our Fellows have diverse backgrounds and each brings a unique skill set to the Fellowship, we have identified some key traits:
-Strong business experience: finance, operations, sales, marketing, and/or consulting
-Demonstrated passion and commitment to creating positive social change
-Proven track record of leadership and management responsibilities
-Experience living and working in emerging markets
-Grit, courage, and perseverance
-A minimum of 4 years work experience
Scholarship Open for Students of Following Countries: Applicants of any nationality are eligible for this training fellowship.
Scholarship Description: The Global Fellows Program is a 12-month fellowship for individuals dedicated to serving the poor and who have the business and operational expertise, and moral imagination needed to effect long-term social change. The fellowship begins with an eight-week training program in the Acumen New York office, where Fellows learn about business models for the poor, hone their leadership skills, and learn more about Acumen. After training, each Fellow works for the CEO or senior management of an Acumen investee on a critical business issue facing the organization. Fellows have worked on projects ranging from leading operations of a new business unit at a cotton ginnery in Uganda, to expanding the clinic network of a pharmacy company in India, to developing branding strategies for a microfinance institution in Pakistan.
Number of award(s): Not Known
Duration of award(s): Global Fellows Program is a 12-month fellowship program.
What does it cover? Acumen provides Fellows with a stipend that covers reasonable monthly living costs for the duration of the yearlong program. The stipend is designed to cover only costs associated and incurred during the program. You should not expect to save any money during this year or to use this stipend to cover previous expenses (e.g., student loans). Stipend amounts will vary for the country placement portion of the Fellowship, adjusting for the cost of living in different countries, but these stipends are also designed to cover the basic costs associated with safe yet frugal living. Travel to New York for the first portion of the program, travel to and from field placements, travel to and from the mid-year meeting, and costs associated with necessary visa arrangements will be covered by Acumen. Acumen will also arrange appropriate health insurance and computing services including a laptop and video camera for use during the fellowship year.
Selection Criteria: Acumen considers each Fellow’s preferences, interests, background and skill-set when matching them with investees’ needs to make it a truly rich experience for all involved. However, a condition of accepting the Fellowship offer is a willingness and flexibility to accept placement with any of Acumen’s investees, and to be placed in any of its geographies.
Notification: Successful applicants will be notified in April- May.
How to Apply: The mode of applying is online.
Scholarship Application Deadline: The deadline for applications is December 7th.