The Broad Street Fund Fellowship (BSFF) is named after Broad Street in Lagos Nigeria, one of Africa’s largest financial districts. The program is a collaboration between two international award winning fellowships,Emerging Institutions Fellowship Program (EIFP), and Frontier Markets Scout Fellowship (FMS) that support leadership in impact investing, emerging markets and social enterprise.
BSFF supports the global competition of business leaders from the world’s emerging markets – particularly in Africa. The program provides the infrastructure, community, and resources needed for emerging business leaders to scale their ventures internationally through a 3-week to 12-month fellowship in the United States.
Fellows acquire professional certificate training in impact investing and social enterprise, and are provided with mentors, funding, advisors, operating space and technical partners in the United States. After completing the 3 week management training in Washington DC, Fellows have the opportunity to become candidates for fellowship positions with social ventures, or impact funds in capacities such as operations, management or financial modeling for a period of up to one year. Fellows also have the opportunity to work on growing their businesses utilizing the operating space provided by the Broad Street Fund in Washington DC.
- Dual Professional Fellowship awarded by LDI Africa Fellowship & FMS Fellowship
- Academic Certificate in Impact Investing and Social Enterprise awarded by Middlebury Institute of International Studies at Monterey.
- Access to funding (Equity, Debt and Grant)
- Business formation and expansion support in Washington DC
- Permanent business space and address in Washington DC
- Banking, legal, technical and management assistance for doing business in the U.S.
- Access our global network of Advisors, Mentors, Investors and Thought Leaders.
About FMS Certificate in Impact Investing and Social Enterprise
The FMS training provides participants with the knowledge and tools required to work effectively on the ground in the fields of impact investment and social enterprise management. FMS instructors are active practitioners in the impact space and work with leading organizations including Omidyar Network, Accion Venture Lab, Village Capital, Invested Development, and Colorado Capital. Through the combination of lectures and actionable co-creative projects, participants gain a comprehensive understanding of the ecosystem and frame-work for market-based solutions. Training curriculum topics include:
- Scaling High-Impact Social Enterprises
- Designing Innovative Business Models
- Diligence Process and Decision in Impact Investment
- Profiling Ventures for Impact Investing
- Managing Impact Investing Portfolios
Successful candidates will have
- The ability to clearly communicate practical skills alignment and genuine passion for market-based solutions to poverty alleviation
- Excellent communication and interpersonal skills
- Flexibility and openness to learning quickly without direct supervision
- Past experience living and working in an emerging market or capital weak region
- Expertise in at least one of the following areas is desirable: financial modeling, branding and communications, logistics and supply chain management.
Learn more about the Certificate in Impact Investing and Social Enterprise Training Curriculum HERE
- A business or social enterprise leader who is 45 years old or younger.
- Owner of an early stage business or social enterprise based in/or focused on an emerging market country.
- Business has the potential/capacity to export or expand to an international market, which could be in the form of products or services.
- Commitment to returning to his/her home country after the fellowship.
- African diaspora leaders in the U.S. and around the world are encouraged to apply.
Who Should Apply
- Entrepreneurs from emerging market countries
- Social entrepreneurs/ Nonprofit Managers
- Professionals interested in learning impact investing
- Early stage impact, philanthropic, nonprofit and for-profit investors
- Entrepreneurs seeking international investment and technical partnerships
Application Opens – October 7, 2015
Deadline – November 8, 2015
Training Date – February 15 – March 3, 2016
Program End Date – February, 15 2017
$6,000 program fee.
$500 of which is non-refundable and is due upon acceptance into the program.
The fee covers: certificate training, business operating space, field placement and business technical assistance for the entire duration of the program.
The program does not include travel and living expenses within the United States
There are limited scholarship opportunities available for those accepted into the program.
Apply to the Broad Street Fund Fellowship HERE or copy and paste the link below:
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The Frontier Market Scouts Program is a social enterprise management and impact investment certificate training and fellowship program founded in 2011. FMS has trained more than 300 professionals, and received a 2013 Cordes Innovation Award from AshokaU and has now become the flagship program of the newly launched Center for Social Impact Learning at the Middlebury Institute of International Studies at Monterey.
The Emerging Institutions Fellowship Program provides hands-on service opportunities for young business and development leaders from around the world at Africa’s leading investment funds and social enterprises. It is designed to match the financial capital invested in emerging African businesses with the human capital needed to take these institutions to scale. EIFP is supported by IBM Foundation, and its partner institutions include Convergence Partners in South Africa, One Acre Fund in East Africa and several other impact funds across the continent.
|Program dates||Feb 15, 2016 - Feb 17, 2017|
Angola, Benin, Botswana, Burkina Faso, Burundi, Cabo Verde, Cameroon, Central African Republic, Chad, Comoros, Congo, Congo, Democratic Republic of the, Côte d'Ivoire, Djibouti, Equatorial Guinea, Eritrea, Eswatini, Ethiopia, Gabon, Gambia, Ghana, Guinea, Guinea-Bissau, Kenya, Lesotho, Liberia, Madagascar, Malawi, Mali, Mauritania, Mauritius, Mozambique, Namibia, Niger, Nigeria, Northern Africa, Rwanda, Sao Tome and Principe, Senegal, Seychelles, Sierra Leone, Somalia, South Africa, South Sudan, Tanzania, United Republic of, Togo, Uganda, Zambia, Zimbabwe