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Through training, fellows are given the skills to hit the ground running. Training sessions include lectures, visits from investors, website design challenges and practice with business creation. By the end of training, fellows are well versed in finance modeling, sales, public relations, branding, marketing and basic business/office etiquette.
Fellows are then matched with the company of best fit to them through an intense match-making process including preferences and phone/in person interviews. Companies must be able to show high growth potential (energy, biotech, health, information, technology, consumer markets) and are required to commit to $32-38k in salary (plus benefits), pay $2,500 to fund the fellow's training, and agree to actively growing the candidate (e.g. onthly monthly sit-downs with the CEO).
Fun Fact: Venture for America will still try and connect applicants with potential start-ups if they are not accepted into the fellowship.