Global Good Fund Fellowship for Social Entrepreneurs: Complete Information about on eligibility criteria and funding information

By Masha 20 July 2023 Fellowships 0 Comments

Introduction: Global Good Fund Fellowship for Social Entrepreneurs, Are you a visionary social entrepreneur determined to create a positive change in the world? The Global Good Fund Fellowship beckons you to embark on a transformative 12-month leadership journey like no other. Our hybrid program is designed to accelerate leaders who fearlessly confront pressing social issues, paving the way for a sustainable and just future for all.

As a Global Good Fund Fellow, you’ll experience a comprehensive support system tailored to elevate your leadership potential. Prepare to be empowered with professional executive coaching, invaluable mentorship from experienced c-suite business leaders, and a generous $10,000 grant dedicated solely to fueling your leadership development.

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Global Good Fund Fellowship for Social Entrepreneurs Program Details

The program is specifically designed to develop the leadership skills that you need to thrive in the increasingly complex world that we live in. We are looking for leaders that recognize their need to fine-tune their leadership skills to best drive their team and enterprise to greater success.

Global Good Fund Fellowship for Social Entrepreneurs what does the fellowship has in store for your

1) 360 Leadership Assessment

Fellows take GGF’s proprietary leadership assessment and gain a panoramic view of their leadership skills.

2) Summit (In person)

Fellows participate in an Annual Global Good Fund Summit each sprint. A 4-day curated leadership development experience that combines training, networking and bonding among Fellows, alumni and valued members of the GGF ecosystem.

3) Executive Coaching (virtual)

Fellows use the results of the 360 assessment as a starting point to work with their executive coach and create a personalized Leadership Development Plan.

4) Business Mentorship (virtual)

Fellows are matched with a C-suite business executive who serves as a mentor and receive intensive 1:1 support to help them successfully grow their business.

5) Targeted Funds

Fellows receive a $10,000 grant to explicitly be used on their Leadership Development.

6) Peer and subject Matter Expert Network

Over the course of 12 months, Fellows are part of a global cohort of leaders positively impacting the world. GGF facilitates intentional opportunities for Fellows and alumni to engage and learn from each other as well as a variety of industry experts so that they can be better equipped towards addressing complex challenges.

Global Good Fund Fellowship for Social Entrepreneurs Funding Information

Selected leader receives professional executive coaching, c-suite business mentorship, $10,000 to spend exclusively on their leadership development, customized tools, resources, training and networking opportunities to scale their social impact.

Global Good Fund Fellowship for Social Entrepreneurs Eligibility Criteria

The enterprise the candidate leads has been in operation for a minimum of two years
The enterprise employs a minimum of two full-time, paid employees
The candidate’s role if that of a primary decision-maker, i.e. the role you hold is:
C-Suite (CEO, COO, CTO, CFO, etc.)
Co-Founder/ Founder & C-Suite
Executive Director
The candidate is committed full-time to running the enterprise
The enterprise the candidate is leading is mission-driven, meaning that the sole objective is not to make a profit but also to have a positive impact on society.

Global Good Fund Fellowship for Social Entrepreneurs Additional Considerations

The enterprise the candidate is leading can be a for-profit, non-profit or hybrid
The enterprise’s scope of work can be international, domestic or both
The enterprise has developed an effective business model and is therefore well positioned (or is able to provide evidence that demonstrates a high level of potential) to scale in the long-term
The enterprise is addressing issues in the following sectors: Financial Technology, Environment, Education, Economic Mobility, and Health. However, we will consider applicants who fall outside of these areas as related to their potential for social impact and systemic change
Candidates should not be receiving formal coaching/mentoring support; if they are applying for other fellowships within the same fellowship cycle, please make sure it is indicated within your application

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Global Good Fund Fellowship for Social Entrepreneurs How to Apply

Every year our Fellow recruitment process initiates in May for approximately 6 weeks.
The overview of the application process is made up of 3 phases. A brief summary of each phase is included below:

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Phase I: May-June
Preliminary Questionnaire

A series of short-answer questions that aims to assess the applicants alignment with our Fellowship Criteria.
Time it takes to complete: 30 minute approx.

Phase II: July – August
Comprehensive Application

A mandatory video submission where we ask you to share your story with us.
2 recommendation letters
Financial viability template
Short answer questions related to these topics: Impact measurement, what your enterprise does and what makes it unique, and leadership potential and coachability.
Time it takes to complete: 1-2 hours approx.

Phase III: Sept – Nov
Interview

A 30min video interview
Candidates are required to invite 1 colleague and/or community member that can attest to their work to their interview.

Official Reference Website Global Good Fund

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