Study Abroad: Western Union Foundation Fellowship 2024

Are you a social entrepreneur dedicated to enhancing the agency of marginalized communities? The Western Union Foundation Fellowship 2024 provides a distinctive chance to enhance your leadership abilities and accelerate the growth of your venture. This program is completely sponsored and conducted virtually. It provides participants with expert instruction, coaching, and a supportive network. If you possess a strong enthusiasm for generating constructive transformation, this fellowship opportunity presents itself as a potential avenue for you to create a long-lasting influence.

The Fellowship program

The Western Union Foundation Fellowship is a program designed to support and grow businesses and community leaders who come from or engage with extremely marginalized, refugee, and forcibly displaced groups worldwide. This program, which is conducted online and accessible worldwide, aims to provide the upcoming generation of entrepreneurs and leaders with the necessary skills and practical knowledge to enhance economic accessibility, establish influential networks and resources, and bring about positive changes in their communities.

Academic Level for Western Union Foundation Fellowship:

The Western Union Foundation Fellowship 2024 (fully funded) is open to anyone who wishes to participate in short-training-level programs at an undisclosed institution.

Subjects now open for the Western Union Foundation Fellowship:

The scholarship program offers the following subjects for study:.

• Team Management
• Pitch
• Go-To-Market
• Foundation
• Data & Metrics
• Funding

Advantages of the Western Union Foundation Fellowship:

Key features of the program:

• Intensive Training: Acquire proficiency in several domains, such as business fundamentals, data analytics, marketing, finance, and team management, through weekly courses conducted by industry professionals.
• Gain knowledge from the most skilled individuals: Participate in enlightening presentations by distinguished leaders, entrepreneurs, and practitioners who will share their own experiences and offer useful guidance.
• Community Focus: Organize a Basecamp workshop in your community, utilizing a stipend, tools, and assistance provided to develop solutions and engage with stakeholders.
• Funding Opportunities: Participate in a competition to secure a portion of $36,000 in venture development stipends to support the expansion and influence of your project.
• Culminating Summit: Present your business idea to a highly esteemed audience consisting of influential local and international leaders, possible investors, and successful entrepreneurs.

Eligibility Requirement

The Western Union Foundation Fellowship is open to individuals of all nationalities who meet the eligibility criteria.

Applicants who are situated in or have a significant influence in the locations below are eligible to apply for this scholarship.

• The countries listed are the United States, Uganda, Nigeria, Pakistan, Bangladesh, India, the United Kingdom, Germany, Lithuania, Japan, the Philippines, Colombia, Mexico, Costa Rica, Argentina, and Brazil.
• Priority is granted to candidates hailing from the subsequent regions: Uganda, Colombia, Mexico, Pakistan, and the United States.

Requirements for Western Union Foundation Fellowship:

Do you meet the requirements?

• This fellowship is specifically tailored for individuals who are actively engaged in creating positive social change.

Eligibility Requirements:

• Community Focus: Are you an entrepreneur or leader who works with or operates from highly marginalized, refugee, or forcibly displaced communities around the world?
• Are you a motivated individual with an inclination towards entrepreneurship, a mindset focused on personal and professional development, and a strong aspiration to enhance your leadership skills within the community?
• Impactful enterprise: Is your enterprise currently in the stage of problem-solution Fit or product-market fit, with actively involved beneficiaries and tangible evidence of both impact and revenue generation?
• Are you able to fully devote yourself to the entire 16-week program, which includes a 2-week virtual immersive experience?

Active engagement is crucial!

The Western Union Foundation gives priority to those who are fully committed to the program. For a community and program to thrive, it is essential to have individuals who actively participate, have excitement, and possess a genuine eagerness to learn and share.

Goals to be Achieved

Thanks to the steadfast backing of the Western Union Foundation and the Watson Institute team, you will be provided with a thorough plan to direct the expansion and effectiveness of your efforts. In addition, you will organize a significant workshop and training session (referred to as a Basecamp) in your community for individuals or groups with an interest in your project. A stipend, a playbook, and a team will help you realize your vision in support of this.

Procedure for Applying to the Western Union Foundation Fellowship:

• Fill out the online application form, which should take approximately 45 minutes to complete. Share your narrative within a time frame of approximately 45 minutes. Submit your application before June 1st, 2024.
• The Admissions Committee at First Round Review is looking for enthusiastic individuals who are capable of leading and developing new and scalable business enterprises.
• Interview Stage: Eligible candidates will receive an invitation for a 20-minute Zoom interview to demonstrate their motivation and explore their projects in greater detail.
• The Final Selection Committee evaluates the most promising applications and forwards them to the external Admissions Committee for the final evaluation.
• Notification of acceptance (during the week of July 1st): Prepare yourself for a celebration! The decisions will be delivered during the week commencing July 1st.
• Validate and register: Officialize your involvement and attend a “Meet the Cohort Webinar” prior to the commencement of the program on August 8th, 2024.
• Take immediate action—submit your application now and transform your vision of a social enterprise into a tangible and achievable goal!

CLICK HERE TO VISIT THE OFFICIAL WEBSITE

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