Deadline:
June 30, 2024
Location(s)
Netherlands South Africa Switzerland United States of America Worldwide
Overview
The Global Good Fund creates a better world by investing in society's most innovative entrepreneurs. Our application process is selective and highly competitive, but also inclusive, constructive and engaging.
Details
The Global Good Fund Fellowship is a 12-month program supporting the leadership development of social enterprise leaders across the globe. The Global Good Fund develops each innovator by pairing them with professional executive coach and c-suite business executive who serves as a mentor, and by providing leadership assessment resources, a network of peers, sector expertise, and targeted financial capital.
HOW DOES THE PROGRAM WORK?
Each Fellow is paired up with dedicated professional executive coach and dedicated c-suite executive who serves as a business mentor. Over a 12 month period Fellows connect with their executive coach and business mentor via phone/Skype/WhatsApp.
FELLOWSHIP ELEMENTS
- 360° Assessment
- We administer the 360 MIRROR leadership assessment tool designed specifically for social entrepreneurs to derive feedback from their board, staff, peers, and stakeholders as well as the Fellow. The Fellow will retake the leadership assessment at the end of the Fellowship and then 1, 3, 5, and 10 years post Fellowship to track his/her growth.
- Leadership Development Plan
- The results of the 360 MIRROR are used by each Fellow with his/her professional executive coach (EC). The 360 MIRROR data points combined with one-on-one executive coach interactions over 3 months result in each Fellow creating a personalized Leadership Development Plan (LDP).
- Executive Coaching + Business Mentorship
- Each Fellow is paired up with 1 dedicated professional executive coach and 1 dedicated c-suite business executive who serves as a mentor. Over the 12 month Fellowship period Fellows receive intensive 1:1 executive coaching and business mentorship sessions via phone/Skype/WhatsApp. The coach and the mentor serve as accountability partners, challenging the Fellow to complete his or her Leadership Development Plan and provide personalized and consistent support along the way.
- Annual Summit
- Fellows participate in an annual Global Good Fund Summit each spring. This 4-day event provides a platform for networking between Fellows, Executive Coaches, Business Mentors, Alumni, and The Global Good Fund staff. The Summit is a curated leadership development experience for each Fellow.
- Targeted Funds
- Each Fellow receives a $10,000 grant. These funds are to be used explicitly for the implementation of his/her Leadership Development Plan and on leadership development with a special focus on experiential learning.
- Peer and Subject Matter Expert Network
- Fellows are part of a global cohort of social entrepreneurs. The Global Good Fund facilitates regular interaction among the Fellows. Fellows are encouraged to engage each other, Alumni, and Content Experts in tackling leadership development challenges. The Global Good Fund intentionally connects Fellows with Content Experts to address specific functional, sector, or geographic issues faced by each Fellow.
Recruitment for our 2024 Fellowship will begin in May 2024!
About us
The Global Good Fund is a nonprofit social enterprise for entrepreneurs, organizations and philanthropists that believe investing in people is the most effective way to create positive business impact and lasting social change. Through our Flagship Fellowship and Consulting Services we cultivate leaders to accelerate profit and purpose within organizations and around the world.
Our Fellowship creates a better world by strengthening the leadership capacity of enterpreneurs focused on solving five key social issues related to education, healthcare, the environment, financial inclusion and economic mobility. Our consulting services help companies ensure their leaders are growing in tandem with the needs of their organization. We believe, growing leaders is the most effective way to create positive business impact and lasting social change.
Opportunity is About
Eligibility
Candidates should be from:
Description of Ideal Candidate
WHAT DO WE LOOK FOR IN A FELLOW?
The Global Good Fund Fellowship is open to social enterprise leaders based anywhere in the world, who are trying to make the world a better place through business. Ideal Fellows are dedicated to their own self-discovery and development, under 40 years of age, hold a leadership position at their social enterprise, operating for 3-5 years and demonstate coachability.
ELIGIBILITY FOR ENTREPRENEURS
- Enterprise that the candidate leads is at least two years old;
- 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 under 40 years of age (if 40 or older, explain rationale for joining fellowship);
- Candidates should not be currently receiving formal coaching/mentoring support;if they are applying for other fellowships within the 2024 fellowship cycle, please make sure it is indicated within your application.
- Candidate has to be in a position where s/he has decision making power.
ELIGIBILITY FOR ORGANIZATION
- Organization can be a for profit, non-profit or hybrid.
- Organization can be international, domestic or both.
- Can be a for-profit, hybrid, or undecided venture, as long as the core mission is to create measurable social change.
- The Global Good Fund fellowship is primarily focused on selecting enterprises in the following sectors: Financial Technology, Environment, Education, Economic Mobility and Health however we will consider applicants who fall outside of these areas as related to their potential for social impact and systematic change.
- Organization has a set and sound business model with the ability to scale in the long term.
Dates
Deadline: June 30, 2024
Cost/funding for participants
Each Fellow receives a $10,000 grant. These funds are to be used explicitly for the implementation of his/her Leadership Development Plan and on leadership development with a special focus on experiential learning.
Un-save Opportunity
Internships, scholarships, student conferences and competitions.
