2021 Yunus & Youth Global Fellowship Program
| Type of Scholarship | Scholarships and Fellowships |
| Field | Fellowships |
| Posted Date | 13 June 2021 |
| Last Date | 20 July 2021 |
| Who Can Apply | International Students |
| Organizer | Yunus & Youth |
Details
Application call for the 2021 Yunus&Youth Global Fellowship Program. The fellowship is open to young social entrepreneurs running social businesses aligned with the UN’s SDGs and the deadline is 20th June 2021.
The Yunus & Youth Global Fellowship (Y&Y Fellowship) is a virtual, six-month program that is designed specifically for operating social businesses. The program is free, with no fee or equity stake required, and the application season is now open for the seventh global cohort. The relationships that would be built will transform the fellows’ social business and ultimately help promote sustainable global development and economic growth for the world.
In the fellowship program, Y&Y Fellows access training on an online platform, including interactive assignments designed to help Fellows build a strong business plan. The Y&Y team works closely with each Y&Y Fellow to connect them with the specialized tools and training they need. Y&Y Fellows are matched with mentors from Fortune 500 companies, bringing know-how from the private sector. Y&Y offers Fellows the opportunity to learn from top social business thinkers, such as Professor Muhammad Yunus and researchers from prominent institutions. At the end of the program, Y&Y Fellows pitch to a panel of investors with deep knowledge of social businesses. Y&Y Fellows become part of a network of social business leaders, building close ties that last long after their cohort graduates.
- Online training
Y&Y Fellows access training on an online platform, including interactive assignments designed to help Fellows build a strong business plan.
- Tailored to the needs of each Fellow
The Y&Y team works closely with each Y&Y Fellow to connect them with the specialized tools and training they need.
- Mentors from Fortune 500 companies
Y&Y Fellows are matched with mentors from Fortune 500 companies, bringing know-how from the private sector.
- Insights from top sources
Y&Y offers Fellows the opportunity to learn from top social business thinkers, such as Professor Muhammad Yunus and researchers from prominent institutions.
- Final pitch competition
At the end of the program, Y&Y Fellows pitch to a panel of investors with deep knowledge of social businesses.
- Global community
Y&Y Fellows become part of a network of social business leaders, building close ties that last long after their cohort graduates.
Benefits of 2021 Yunus&Youth Global Fellowship Program
- Y&Y Fellows are offered a high-quality experience that includes access to an online training platform, interactive projects, mentoring with Fortune 500 professionals, and access to top thinkers and institutions around the world.
- The experience culminates in a final pitch competition with a panel of impact investors.
- The Y&Y Fellowship gives the participants skills they would need to achieve financial sustainability, plan how to scale business, and measure impact.
- Be a part of an individually tailored online mentoring program with an experienced mentor who will provide professional guidance;
- Participate in expert webinars with social business professionals;
- Increase your global network by being part of a global class of exclusively selected young social entrepreneurs;
- Receive support on focus areas and see your business grow and be taken to the next level.
Eligibility
They select Y&Y Fellows using the following criteria:
- Dedication and commitment to building a social business that solves social or environmental issues aligned with the UN Sustainable Development Goals
- Currently implementing the social business presented in their application (the program is designed for early-stage, operational businesses, rather than business ideas)
- Ability to dedicate at least 5 hours per week to the Y&Y Fellowship
- Interest in contributing to the growth and development of the Y&Y community
- Holding primary decision-making power in the growth and strategic vision of the social business, typically as a founder, co-founder or managing director
- Ability to communicate in English
- Between the ages of 18 and 30, with exceptions for outstanding applicants outside that range
Also, they welcome applications from who-
- Lead innovative social businesses that integrate new technologies, such as 3D printing, artificial intelligence, augmented and virtual reality, big data, bots, blockchain, Internet of Things, machine learning, and mobile apps
- Identify as part of a minority group based on their region’s composition (ethnic/racial minorities, women, gender minorities, LGBTQIA+, refugees and displaced people, or people with disability)
- Lead a social business that focuses on problems faced by members of minority groups
- Have not yet participated in other support programs for social entrepreneurs