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MIT opens applications for its 8-month Foundry Fellowship for accomplished African entrepreneurs

The Foundry Fellowship, a program under the Massachusetts Institute of Technology (MIT) has opened applications for its eight-month fellowship for accomplished entrepreneurs who are committed to leading the acceleration and interconnection of Africa’s innovation and entrepreneurship ecosystems.

This fellowship is a cohort-based program for principled leaders with fellows accepted into the cohort each year, designed to support personal growth, community engagement, and leadership in innovation across Africa.

Participating in the fellowship as a group provides fellows with the support they need to move past current challenges and shape the next steps in their journeys as entrepreneurs and leaders.

Naijaonpoint learns that the curriculum will include personal leadership seminars, coursework with MIT faculty, and experiential tours of innovation ecosystems as a cohort, including tours of multiple ecosystems on the African continent.

This will therefore prepare fellows to lead initiatives that accelerates the development of ecosystems both within their home markets and throughout the continent.

The  Foundry Fellowship embodies this belief through its creation of a community of Africa-based entrepreneurs who share a vision for a continent where people, ideas, and resources move across borders, and where ecosystems enable innovation-driven entrepreneurs to thrive and scale.

This community plays a critical role in shifting the narrative of Africa to one of abundance, opportunity, innovation, and dynamism.

The fellowship is open to Africa-based entrepreneurs who have:  founded and scaled a for-profit, innovation-driven company, and who are now at an inflection point and are preparing to transition into leadership in one of the following ways:

Founders from the same company may apply, but each founder must complete a unique application.

The application includes:

Applications will be reviewed by an evaluation committee. Finalists will be invited to participate in at least one panel interview.

Application submission date is June 30, 2024.

Applicants may apply here. The submission deadline is June 30, 2024 at 11:59 PM ET.

Nominations can be made for an Africa-based entrepreneur who is a great fit for the Foundry Fellowship, please nominate them through our form.

Nominations will be accepted here through June 17, 2024. Nominees will be invited to complete an application.