Call for Applications, Global Good Fund Fellowship, 5th class of social entrepreneurs
The Global Good Fund Fellowship is a 15-month program supporting the leadership development of young social entrepreneurs across the globe. The Global Good Fund invests in these innovators by pairing them with executives who serve as Coaches, and by providing leadership assessment resources, a network of peers, sector expertise, and targeted financial capital.
The Global Good Fund supports our Fellows in their natural work environments through a first-of-its-kind 360 leadership assessment tool, the 360 MIRROR, specifically designed for social entrepreneurs. This tool is a behavior-based assessment of the skills and values associated with great leaders.
The results of the assessment and conversations with a Global Good Fund Leadership Development Consultant form the basis for a Leadership Development Plan to be implemented with support of a Global Good Fund Coach.
The network of Coaches includes leaders like Ted Leonsis, Owner & CEO of Monumental Sports & Entertainment, Tracy Fitzsimmons, President of Shenandoah University, Sami Inkinen, Co-Founder of Trulia, Lydia Thomas, former CEO of Noblis, and Pete Smith, CEO of Al Tayyar Energy.
The Fellowship Program consists of the following elements:
Candidates interest in applying for the Fellowship Program can learn more about the criteria and start the application process on our Apply page.
On January 15, 2015, The Global Good Fund will launch our 2016 Application to onboard our 5th class of social entrepreneurs. Candidates are encouraged to carefully review the below criteria prior to starting the application process. If you can answer 'yes' to every question below, please continue to Part 1 of the application.
Every candidate must meet the following criteria:
Demonstrated leadership and growth potential;
The candidate must be at a critical point for his/her leadership or for the future of the enterprise;
Candidate is committed to social impact and is driving significant change in the his/her industry;
The enterprise that the candidate leads is at least one year old;
The enterprise must have at least one full-time employee in addition to the candidate;
Candidate is committed full‐time to running his/her enterprise;
Candidate is coachable and humble, meaning that he/she is eagerly embraces honest critique and feedback and has a desire to learn;
Ability to dedicate 15 months to The Global Good Fund Fellowship while remaining in his/her workplace;
Candidate must be willing to drive the Fellowship process and take ownership of his/her leadership development;
Candidate shows commitment to giving back; he/she actively mentors and invests in team members or other individuals;
The enterprise exhibits growth potential, meaning scale or depth of outreach;
The enterprise is moving toward a model of financial sustainability whereby 50% or more of the budget is covered through revenue generation. If this level has not been achieved, this goal must be a top priority for the candidate and his/her enterprise;
Under 40 years of age (if 40 or older, explain rationale for Fellowship).
The application is comprised of 4 parts:
Due by July 1, 2015
Part 1 of the application consists of a preliminary questionnaire. This questionnaire is reviewed for fit with The Global Good Fund's Fellowship criteria. Candidates who meet the above requirements will be invited to participate in Part 2 of the application process.
Estimated time: 15 minutes
Due by July 1, 2015
Part 2 of the application consists of an informal video recording that should be no longer than 3 minutes. In the video, the candidate must respond to the following:
Describe your motivation to set-up your enterprise;
Briefly explain what your enterprise does; and
Explain why you and your enterprise are unique and can address this specific problem area more effectively than anyone else.
Candidates who have already produced a video that responds to the above questions are encouraged to submit that previously recorded video. The Candidate's video will be reviewed and scored on a 1-5 scale, 1 being the lowest score and 5 being the highest. Candidates who receive a score of 3 or higher will be invited to complete Part 3 of the application process.
Due by July 15, 2015
Part 3 of the application consists of a written section that assesses leadership, the enterprise and social impact. In addition, the Candidates must also submit a recent resume. Each written application will be read and scored by at least two reviewers. We will invite select candidates to participate in part 4 of the application process. Candidates will receive notification about advancing to Part 3 by September 1, 2015.
Scheduled between September and October 2015
Part 4 of the application consists of a 2 hour virtual site visit with the Global Good Fund team. At this time, The Global Good Fund will speak to the Finalist Candidate, his/her core team members and community members. These visits will occur between September - October 2015. Finalist Candidates will also participate in the selection process whereby they will rate and score one another. Finalist Candidates will be notified about selection as a Global Good Fund Fellow by December 1, 2015.