Closing Soon: Western Union Foundation Fellowship Program 2024

Applications are currently open for the Western Union Foundation Fellowship Program 2024. Interested candidates can now begin to send in their applications. Apply Below: 

When is the Application Deadline:

The application deadline for the Western Union Foundation Fellowship Program is June 1, 2024.

Tell Me About the Western Union Foundation Fellowship Program 2024. 

The Western Union Foundation Fellowship Program is an accelerator program for entrepreneurs and community leaders from extremely marginalized, refugee, and forcibly displaced populations around the world. Also, the fellowship is a fully-funded virtual and global program designed to provide the next-generation entrepreneurs and leaders with the knowledge and expertise they need to improve access to economic opportunity, build valuable networks and resources, and transform their communities. The Western Union Foundation is a separate charitable corporation from 

The Western Union Company receives support from The Western Union Company, its employees, agents, consumers, and business partners. The Foundation is governed by a Board of Directors comprised of senior Western Union executives from across the globe. The Foundation’s executive director and a team of grantmakers, fundraisers, and advocates are based in Denver, Colorado. For 20 years, the Western Union Foundation has been committed to investing in changing lives for the better. 

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Which Fields are Eligible?

Entrepreneurs and Community leaders

Type:

Fully funded

Who can Apply for the Western Union Foundation Fellowship Program 2024? 

Interested candidates who want to apply for the  Western Union Foundation Fellowship Program must meet the following criteria: 

• Who You Are: You are an entrepreneur or community leader from and working with highly marginalized, refugee, and forcibly displaced communities around the globe.
• What You Do: You are leading an early-stage social impact venture or community initiative with a proven track record of impact, entrepreneurship, and leadership in their community. We define early-stage ventures as those that have a working prototype/ MVP product or service with active customers or beneficiaries and demonstrated impact and revenue. Ideally, you are exploring your product-market fit.
• Where You Create Impact: Applicants from or are working in the following countries will be given priority: Argentina, Bangladesh, Brazil, Colombia, Costa Rica, India, Japan, Lithuania, Mexico, Nigeria, Pakistan, Philippines, Uganda, United Kingdom, United States
• What You Are Looking For: You are looking for expert-led entrepreneurial training, access to funding opportunities, and a vast network of mentorship to accelerate your leadership skills and venture impact.
• What You Will Accomplish: With the support of the Watson Institute team, you will gain a roadmap of how to grow and scale your work and impact. In addition, you will create impact through the facilitation of an impact workshop and training (called a Basecamp)in your community and for your stakeholders. You will receive a stipend, playbook, and team support to make this happen.

Which Countries Are Eligible?

All countries 

Where will the Award be Taken?

Virtual 

How Many Awards?

Not specified

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What is the Benefit of the Award?

Successful applicants will receive $36,000 in seed funding. This amount is for select Western Union Foundation Fellows based on progress and impact throughout the Fellowship.

How Long Will the Award Last?

The award fellowship timeline is below: 

• Dates: August 8th, 2024 to November 19th, 2024 (16 weeks of programming).
• Format: Weekly virtual workshops with localized gatherings and events when possible (6-8 hours per week per week time commitment)
• Immersive & Orientation: 2-week virtual Immersive starting October 2nd, 2023 (20–25 hours per week time commitment)
• Workshops & Training: Modules include Foundations, Data & Metrics, Go-To-Market, Funding, Team Management, and Pitch
• Impact Series: The world’s foremost leaders, entrepreneurs, and practitioners participate in our programs to share their entrepreneurial journey and experience as well as mentor the Watson Institute and Fellows.
• Basecamp: 2+ day workshops designed for Fellows’ communities to ideate solutions, design business models, and compellingly communicate their businesses and organizations to an external audience.
• Summit: Culminating community event where Fellows pitch to local leaders, funders, and entrepreneurs (February 13, 2024)

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How to Apply:

The application process for the Western Union Foundation Fellowship Program is below: 

• Click on the button below to visit the Western Union Foundation application page
• Complete the online application. This application should take approximately 45 minutes to fill out. The deadline for application submissions is June 1st, 2024.
• The Admissions Committee diligently reviews all applications, seeking entrepreneurs who demonstrate strong leadership qualities and ventures that are both innovative and scalable.
• Qualified applicants will receive invitations for a 20-minute one-on-one Zoom interview. 
• Notifications of acceptance will be sent out during the week of July 1st, 2024.

Visit the Award Webpage for Details