MIT Legatum Centre Announces 2024-25 Foundry Fellowship Cohort for African Leaders

MIT Legatum Center Announces 2024-25 Foundry Fellowship Cohort for African Leaders

Are you a passionate African entrepreneur building the future of your continent? Have you established a groundbreaking company and the desire to empower others on their journeys? The MIT Foundry Fellowship is your launchpad to become a transformative leader within Africa’s booming innovation ecosystem.

This prestigious eight-month programme, offered by the Massachusetts Institute of Technology’s (MIT’s) Legatum Centre for Development and Entrepreneurship, is designed for accomplished African entrepreneurs like yourself. Here’s why it should be your launchpad to even greater impact:

A Fellowship Tailored for Impact

The Foundry Fellowship isn’t just another educational programme. It’s an exciting experience designed to equip you with the skills and network to become a true leader, shaping the future of African innovation.

Focus on Leadership and Ecosystem Acceleration

The programme is specifically designed for those at a critical point in their careers. If you’re ready to leverage your success and transition from running your own company to shaping the future of entrepreneurship across Africa, the Foundry Fellowship is your ideal launchpad.

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This could involve launching a venture capital fund, starting an accelerator programme, or taking on a policymaking role that promotes innovation.

The programme also welcomes those who want to expand their existing businesses continent-wide, with a focus on building robust entrepreneurial ecosystems alongside their own growth.

World-Class Learning and Mentorship

Gain invaluable insights from the best minds in the business world. The Foundry Fellowship curriculum features personal leadership seminars delivered by renowned MIT faculty, alongside coursework designed to challenge and elevate your thinking.

But the learning doesn’t stop there. You’ll also benefit from a network of accomplished leaders who will serve as mentors, providing guidance and support throughout your fellowship journey.

Experiential Learning Through Ecosystem Tours

The Foundry Fellowship goes beyond traditional classroom learning. The programme incorporates experiential tours of innovation hubs in Africa and the United States.

A Supportive Cohort: Your Network of Changemakers

You won’t embark on this journey alone. The Foundry Fellowship is a selective programme, bringing together a powerful cohort of 10-15 African entrepreneurs.

This promotes a collaborative and supportive environment where you can learn from each other’s experiences, build lasting connections, and become part of a powerful network of changemakers who are shaping Africa’s future.

Ready to Make Your Mark?

The application window is open now, but closes on June 30th, 2024! If you’re an Africa-based entrepreneur who has successfully founded and scaled a for-profit, innovation-driven company and have a burning desire to make a lasting impact, then the MIT Foundry Fellowship is the perfect opportunity for you.

This programme is seeking individuals who are not just successful but also committed to driving sustainable prosperity across Africa.

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Here’s what you need to know to apply:

  • You must be an entrepreneur based in Africa.
  • Your company must be for profit and driven by innovation.
  • You must be at an emerging point in your leadership journey, ready to transition into a role that creates broader ecosystem development.
  • Be prepared to demonstrate your English language proficiency; the programme is conducted entirely in English.
  • The Foundry Fellowship is a significant time commitment. It includes online sessions, in-person meetings, and four ecosystem tours, each lasting between five and seven days.

The programme understands the demands on your time and covers most associated costs, including hotels, group meals, and group transportation during the tours. However, you will be responsible for your flights and certain travel-related expenses.

Don’t miss this incredible opportunity to become a leader in Africa’s innovation transformation! Visit the programme website today to learn more about the application process and take the first step towards shaping a brighter future for yourself and the entire continent.

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