Summer 2023 Savvy Global Fellowship has announced that aspiring and early-stage entrepreneurs can now apply for the summer 2023 program.
The program is open for innovators passionate about solving some of the world’s most pressing problems through innovative and sustainable ways; individuals that want to build a successful impact-driven business, but didn’t know how to; entrepreneurs who own an early-stage business and are looking to grow and scale into new markets and verticals and everyone interested in being part of the new generation of impact-driven entrepreneurs.
Backed by the Roddenberry Foundation, the United Nations Office for South-South Cooperation, the International Telecommunication Union, and Because International, the Savvy Global Fellowship for Aspiring and Early-Stage Entrepreneurs has received over 114,870 applications from around the world since 2020, and has selected, trained, and supported 9,707 Fellows from 163 countries. For 12 to 32 weeks, no matter what stage your venture is, the Fellowship program helps selected Fellows answer all the relevant questions that they need to kickstart their amazing impact venture, gain early traction, achieve product-market fit, and scale into new markets.
Available in 111 languages, Savvy is a global virtual Fellowship program for passionate and brilliant young individuals seeking to be part of the new generation of impact entrepreneurs. Due to the COVID-19 pandemic and the recent macroeconomic downturn, many have lost their jobs and are now living in an uncertain world.
Savvy Fellowship is equipping these individuals with the necessary knowledge and skill they need to start their impact-driven businesses and succeed as entrepreneurs. As a Savvy Fellow, you will be provided with the knowledge, skills, tools, resources, support network, and community to build a sustainable, innovative, and profitable impact-driven business.
Savvy Fellowship kicks off with a rigorous 12-week e-learning experience. As a Savvy Fellow, you will learn everything from ideation to scaling. Some of the things you’ll learn during the program are ‘understanding your customer’, ‘building a product or service that effectively solves their key challenges’, and ‘effectively positioning your solution in the market.’
Some of the things you’ll learn as a Savvy Fellow include fundraising for your business, building the right team to execute your business strategies, building buzz around your product or service, achieving product-market fit, scaling into new markets and verticals, and building customer loyalty and retention.
- Week 1: Understanding Your Customer
- Week 2: Building the Right Product or Service
- Week 3: Leading the Competition
- Week 4: Understanding Your Target Market
- Week 5: Drafting the Right Revenue Model
- Week 6: Your Customer Acquisition, Activation & Retention Strategy
- Week 7: Your Operations
- Week 8: Setting the Right Business Structure
- Week 9: Your Go-To-Market Strategy
- Week 10: Building the Right Team
- Week 11: Your Fundraising Strategy
- Week 12: Securing the Right Partners
After completing the compulsory 12-week training, you can also take optional free courses in business communications (10 weeks) and product design (10 weeks).
Assessment: During the 12 weeks of learning, unlearning, and relearning, you can test your understanding by taking our weekly quizzes. The quizzes are a combination of multiple choices, Yes or No, and True or False. Assessments are the best way to identify your strengths and areas of weakness. Knowing your weaknesses helps you work effectively on them.
After 12 weeks, you’ll receive a Certificate of Completion to proudly share with your professional network. That’s not all. You’ll still find the Savvy platform useful as we constantly share weekly articles on impact entrepreneurship, personal branding, capacity building, and professional opportunities. So, your Savvy Fellowship account will be useful even after you complete the intensive 12-week virtual Fellowship program.
At the end of every year, Savvy Fellows compete for the $3,000 Savvy Prize, which seeks to recognize and support the efforts of Savvy Fellows working to solve some of the world’s most pressing problems through innovative and sustainable ways. The Savvy Prize comes in cash prizes, product development support, and marketing endeavors. So far, the Savvy Prize has been awarded to 7 Savvy Fellows.
The call for applications is open to aspiring and early-stage entrepreneurs around the world. There is no geographical, ethnic, or academic restriction. Savvy Fellowship accepts new Fellows between the ages of 18 – 40, who can demonstrate in their application their passion to learn and create lasting change in their community (and the world.) However, we consider applicants above the age of 40, with at least 5 years of work or entrepreneurial experience. Interested persons can click here to apply and here for more information.
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