33
edits
Changes
no edit summary
= <span style="color:#0000cd0000ff;">How they are '''''Introduction'''''</span> =
= ''<span style="color:#0000cd;">How they are </span>'' = [http://ventureforamerica.org/ Venture for America] '''is a nonprofit fellowship program''' for college graduates who want to learn how to build businesses and create opportunities, become entrepreneurs really. It was founded in 2011 by Andrew Yang to train and place talented college graduates at start-up companies located in struggling cities. Modeled after [http://www.teachforamerica.org/ Teach for America], Venture for America seeks to revitalize America through entrepreneurship, while enabling opportunity and restoring an American culture of achievement. [[File:Ventureforamerica.png|frame|Ventureforamerica.png]]Since its inception, the organization has trained almost'''100 fellows (today applications exceed availability), given fellows access to upwards of $100k in yearly seed funding''' and facilitated their placement in cities including Detroit, New Orleans, Providence, Cincinnati and eight other U.S. cities. 'We are a community of builders with integrity. We are a team of dedicated professionals working hard to '''create a better future'''. We are a collective of supporters, advisors, and leaders who '''believe that entrepreneurship changes lives''', strengthens communities and makes those who take the leap better versions of themselves.' (1) = <span style="color:#0000ff;"></span><span style="color:#0000ff;">What they do</span><br/> = <span style="color:#0000ff;"></span>What the program do is we recruit top grads. It brings the fellows to a training camp for five weeks at Brown University. It brings in entrepreneurs, investors, venture capitalists, McKenzie, IDO to help train them in what it takes to build a company. And then the fellows work in startup companies in Detroit, New Orleans, Providence, Cincinnati and eight other U.S.cities for two years. And at the end of those two years they’ll have a sense of how the se businesses grow and develop. They’ll be working with a more experienced entrepreneur during that time. At the end of the two years they can either stay at that company as a manager and leader or they can even start their own companies. If you want to know more about this program, please watch this video! [https://ventureforamerica.org/about-us/] <cite>Inspiration goal: 'The immediate goal as an organization is to help create 100,000 new U.S. jobs by 2025 by helping these companies grow and also training the next generation of entrepreneurs.' (3)</cite> = <span style="color:#0000ff;">Purpose </span> =
Graduating from Columbia Law School, Andrew Yang was conflicted with what to do for his career. As with many other young professionals, Yang knew the options outside of working on Wall Street were slim and likely career-diverting. After working with, and starting several companies (rising to the rank of CEO in Manhattan GMAT), Yang founded Venture for America, to increase the accessibility to the start-up process for college graduates.
The problem today is that ''qualified college graduates crave hands-on business experience'' to learn how to start a business. Meanwhile, ''start-up companies struggle to hire due to lack of resources'' since they have yet to establish their brand. '''Venture for America bridges this gap; the organization gives companies access to high quality, motivated young workers.'''
Overall, the goal is to funnel top young people into American startups, socialize them and provide future structures and role models for others. Venture fo America wishes to rebrand entrepreneurship as the most prestigious professional aspiration, as evident in one of their mottos: '''"Smart people should build things." '''
= <span style="color:#0000ff;">Distinct Differences From Other Offerings </span> =
== <span style="color:#0000ff;">Venture for America Fellowship </span> ==
After acceptance into the program, fellows commit to training and a two year commitment of work.
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. monthly sit-downs with the CEO).
<cite>Fun Fact: Venture for America will still try and connect applicants with potential start-ups if they are not accepted into the fellowship. </cite>
== <span style="color:#0000ff;">Appeal </span> ==
Venture for America appeals to young professionals in a few ways:
*<u>'''''Prestige: '''''</u> looks good on a resume and has the reputation of attracting ivy league talent*<u>'''''Progress: '''''</u> brings young professionals to the next level in their careers*<u>'''''Opportunity: '''''</u> keeps doors open*<u>'''''Money: '''''</u> workers are compensated for their work*<u>'''''Skills: '''''</u> fellows gain skills and training for anything and everything they will face*<u>'''''Community: '''''</u> fellows build a sense of community with other inspired individuals*<u>'''''Public Service: '''''</u> Fellows are doing a public good, both for local communities and America
= <span style="color:#0000ff;">Impact Achieved For Students and Campus </span> =
*<span style="color:#0000ff;">Impact for Students </span> - bottom line: Venture for America is a strong training program for graduating students who want to get into business creation and also helps revitalize our economy. Todays VFA partnerships are over 50% non-technical, so it does not limit any candidates from applying (in some ways, the fellowship seeks to open doors particularly for these students). Therefore, Venture for America's resources would be best used on a campus looking to:
(''a) ''give benevolent Give entrepreneurial students a new outlet for post-graduation plans.
(e) Give them more oportuities for your future. (f) Encourage entrepreneurship among young people. *<span style= "color:#0000ff;">Impact on Campus</span> - by advertising Venture for America as a prestigious scholarship/fellows program, a campus ambassador could build a long-term vision in students from varying degree paths and eventually place high achieving students in the program.Therefore, Venture for America's resources would be best used on a campus looking to: (a) Encourages universities to improve aspects of the education system. (b) Gives prestige to the university. *<span style="color:#0000ff;">Impact on Community</span> - start ups in areas of need will receive talented recent graduates, renewal of economy and culture, and creation of jobs by the growth of these start ups and the graduates becoming job creators themselves = <span style="color:#0000ff;">Steps Required To Bring Resource to Campus </span> =
Here are the options for getting Venture for America involved on your campus:
#Become a VFA campus ambassador. Send resume and cover letter to jobs@ventureforamerica.org, titled "Application for Campus Ambassador - [your name]." For more information see: [http://ventureforamerica.org/jobs/  http://ventureforamerica.org/jobs/].
= <span style="color:#0000ff;">Contact Information </span> =
'''Mailing Address:'''<br/>Venture for America<br/>c/o Eileen Lee<br/>40 West 29th St., Suite 301<br/>New York, NY 10001
'''info@ventureforamerica.org''' | '''(646) 736-6460'''
= <span style="color:#0000ff;">Resources </span> =
[1] [http://ventureforamerica.org  http://ventureforamerica.org&nbsp];
[2] [http://www.linkedin.com/profile/view?id=7537948&authType=NAME_SEARCH&authToken=DpBX&locale=en_US&srchid=2371142341380851232981&srchindex=7&srchtotal=687&trk=vsrp_people_res_photo&trkInfo=VSRPsearchId%3A2371142341380851232981%2CVSRPtargetId%3A7537948%2CVSRPcmpt%3Aprimary http://www.linkedin.com/profile/view?id=7537948&authType=NAME_SEARCH&authToken=DpBX&locale=en_US&srchid=2371142341380851232981&srchindex=7&srchtotal=687&trk=vsrp_people_res_photo&trkInfo=VSRPsearchId%3A2371142341380851232981%2CVSRPtargetId%3A7537948%2CVSRPcmpt%3Aprimary]
[https://www.youtube.com/watch?v=mxD9Jn-r3ac]
''Also see:''
[http://www.youtube.com/watch?v=t383l_7-o4o&feature=youtu.be http://www.youtube.com/watch?v=t383l_7-o4o&feature=youtu.be] (Andrew Yang @ Georgetown TEDx)
[http://www.nytimes.com/2013/07/14/business/no-six-figure-pay-but-making-a-difference.html]
[[Category:Resources]]