India: Up to Rs. 60,000 available under ACT Fellowship Program

The ACT Fellowship is an opportunity for young professionals to learn what it takes to leverage venture philanthropy for creating social impact at scale.

Program Structure

• 9 Month Full-Time Program: The ACT Fellowship is an intensive experience that enables you to learn what it means to apply venture capital principles to philanthropy.
• 4 Impact Spaces: As an ACT Fellow, you’ll work with one of our 4 focus areas i.e. ed-tech, public healthcare, climate action or gender inclusivity.
• 40 Hours/Week: Fellows will work with the ACT team on a wide array of projects including sector research, dealflow sourcing, due diligence, investment pitches, portfolio management, impact assessment, collaborative programs etc.
• 5 Fellows: They’re highly selective about who they invite into the program to ensure that the Fellows have an incredible peer-learning experience as well.
• The program is designed to help you learn while simultaneously applying what you’ve learnt to multiple live projects.
• Fellows will have the opportunity to learn from the ACT team as well as ACT’s network of industry experts through masterclasses, in-person retreats, portfolio field visits, quarterly team stepbacks and investment committee discussions.
• The cohort will be able to access collaborative peer-to-peer learning through a team project that aims to channel their entrepreneurial spirit.

Benefits

• All Fellows will be paid a stipend of Rs. 60,000 per month and each graduating Fellow, on successfully completing the program, will receive an experience letter from ACT and, on request, a letter of recommendation from a member of the board of advisors.

Who are they looking for?

• Entrepreneurial Self-Starters: Ambitious go-getters who can think on their feet, are hungry to learn, enjoy taking on challenges and can work both independently and as part of a team.
• Passionate About Innovation: Individuals who deeply believe that innovation can accelerate social impact and are abreast of the latest technology trends in the impact space.
• Deeply Invested In Social Impact: Aspiring change-makers who are genuinely interested in the social sector and want to catalyse meaningful change.
• Fascinated By Venture Philanthropy: Sharp thinkers with a bias for action who are intrigued by the idea of applying venture capital principles to social impact.

Eligibility Criteria

• Resident Indian citizen
• Graduate of any discipline from an accredited university in or outside India
• At least 2 years of startup/investing/consulting/social sector work experience
• Please Note:
  • Shortlisted applicants will be interviewed on a rolling basis and they have limited spots, so they encourage you to apply as soon as possible.
  • These questions are designed for them to get to know you better so please think through your responses well before submission.
  • Please ensure that none of your responses are plagiarised from external sources; plagiarism will result in immediate rejection of the application.

Application & Selection Process

• Interested candidates will need to complete and submit an online application form before a stipulated deadline – those shortlisted will be invited for an in-person / virtual interview with a member of ACT’s leadership team.
• Interviews will be conducted on a rolling basis and since they have limited spots, they would recommend you apply as soon as possible.
• Selected candidates will undergo reference checks before being matched with an ACT vertical for their Fellowship.
• The program will commence in September 2023.

For more information, visit ACT Fellowship Program.