Entrepreneurs with a great idea to help solve a social issue but lack the resources to help fund and launch a business or nonprofit may be eligible for the Initiators Fellowship (greaterminnesota.net/fellows/), a unique program focused on social entrepreneurship and rural revitalization.
Applications for the 2020-21 cohort opened May 15 and close July 15, 2019. The two-year Fellowship will award a $30,000 annual stipend to up to seven early stage entrepreneurs who want to tackle a social challenge and pursue leadership growth. In addition to the annual stipend, Fellows benefit from an executive-level mentor, deep programming, educational opportunities and support from dedicated staff members. A complete definition of social entrepreneurship and other details can be found at greaterminnesota.net/fellows/resources/.
Eligible applicants must be 18 or older, can be a recent college graduate, a young professional, mid-career or in their encore career years. Additional requirements include living within one of the three participating Minnesota Initiative Foundation regions, or an adjacent tribal nation, for the two-year duration of the Fellowship term. Diversity is a core program value. Applicants with diverse backgrounds, experiences, ability, economic status and perspectives are encouraged to apply.
The Fellowship was launched by the Initiative Foundation of Little Falls in 2016 and is now expanding to include the regions of Southwest Initiative Foundation and West Central Initiative, covering a total of 41 counties in Greater Minnesota. To read stories about our past Fellows, go to greaterminnesota.net/fellows/fellow-alumni/.
The expansion of the Initiators Fellowship is made possible by generous funders, including Granite Equity Partners, an original funding partner, along with the Bush Foundation, Sourcewell and CliftonLarsonAllen.
To register for the July 10 webinar or to apply, visit greaterminnesota.net/fellows/apply/.