Spring 2017 Emerging Institutions Fellowship Program (EIFP) opens for applications for Afrcan entrepreneurs. This is a twelve month paid fellowship for young business and development professionals to apply their skills at emerging African businesses and nonprofit organizations.
The Emerging Institutions Fellowship Program (EIFP) provides hands-on service opportunities for global young business and development leaders at Africa’s leading profit and nonprofit firms. The program is designed to match financial capital invested in emerging African businesses with the human capital needed to take these institutions to scale.
Worth of Award
- A stipend of $14,400 for the year, as well as housing, transportation, and medical insurance.
- LDI Africa through its EIFP recruits organizations that are doing excellent work particularly in the financial and investment industries across Africa. Partners range from mid-level to large global institutions; with capital investment of $200,000 and above.
While working with their organization, Fellows enjoy the following benefits and more;
- Experience the growth of Africa’s most innovative businesses
- Direct exposure to emerging markets
- Paid positions, housing and travel
- Training and professional development opportunities
- Potential consulting, employment and seed capital investment after fellowship
- Access to the global LDI Africa network
- Young business and nonprofit professionals with 2 to 10 years of work experience, and with strong familiarity with or interest in Africa.
- Applicants must also have an undergraduate or post-graduate degree.
- Fellows come to the EIFP with diverse backgrounds and skill sets. However, all fellows are required to have an undergraduate degree, a commitment to excellence, and be fluent in English. Host organizations may also designate other specific skill requirements for their Fellows. Other requirements include:
- Two to ten years of professional experience
- Early to mid-level professional with interest in/familiarity with emerging markets
- Professional background in business, management consulting, strategy, finance, and social enterprise and international development.
How to Apply
- Apply to the Emerging Institutions Fellowship Program online via their website (see link below)
- They recommend using Google Chrome browser to complete the application form
For more information contact: [email protected]
Deadline: application closes November 30, 2016.
- October 7, 2016: Applications open
- November 30, 2016: Applications close
- December 1, 2016 – December 5, 2015: LDI Africa conducts preliminary applicant interviews
- January 11, 2017 – January 23, 2017: Host organizations are sent shortlisted applicants
- January 26, 2017 – February 1, 2017: Host organizations interview shortlisted applicants
- February 10, 2017: Host organizations return signed contracts of selected Fellows
- February 10, 2017 – February 22, 2017 : Fellows secure travel, insurance, and visas
- February 21, 2017 – February 22, 2017 : Host organizations orientation
- February 23, 2017 – February 24, 2017: Fellow orientation
- March 1, 2017: Fellows on the ground/begin their assignments