SEED Lab Fellow
SEED Lab is an 8-month pre-accelerator for early-stage social entrepreneurs. Developed in partnership with the University of California Riverside Extension, it aims to tap the deep reservoir of unrecognized talent within marginalized and under-served communities and support their efforts to identify and develop pioneering paths out of inherited problems that have buried and muffled those voices.
The program is designed to support the implementation of visionary ideas into similarly powerful tools to generate social impact, deepen civic engagement, and bring about empowerment and sustainable change.
SEED Lab Benefits
– $10,000 seed investment for one of the SEED Lab fellows (conditions apply) and $10,000 in grant opportunities , donations etc
– Support to launch, pilot and/or scale mission-driven ventures
– Access to local leaders, captains of various industries and experts and resources
– Collaboration and networking with a small cohort of highly mission-driven entrepreneurs
– 90 hours of customized training and mentorship (online and in person)
– Lifetime access to the Caravanserai Project alumni network, exclusive events, resources, partner introductions, networking opportunities, pro-bono or discounted programs and services and ongoing mentorship from our network of experts
– Full and partial scholarships available
– $15k program value
– Specialized Certificate and 9 professional credits awarded by University of California in Riverside – Extension
PROGRAM DATES: OCTOBER 2021 TO MAY 2022
Application period: April 15 – August 1
Cohort announcement: October 1
$0 application fee
0% Equity required for participation
$8,500 program fee per venture (covers up to two team members), due by program start. Full and partial scholarships are available.
Curriculum – 5 Priority tracks
– Social Value: focus on social mission, vision, theory of change, communications strategies, product/service development, measuring and monitoring impact, program’s benefits, community engagement etc.
– Market: focus on beneficiaries/customers, competition, partnerships, branding and messaging, marketing etc.
– Finance: business planning, budgeting, pricing strategies, resource management, fundraising etc.
– Implementation: program design, operational and start-up planning, data analysis, testing, piloting, scaling etc.
– Leadership: public speaking, pitching, board development, team development, basic legal aspects, etc.
Able to commit to an 8-month intensive program
Applicant must be over 18 years old, good command of the English language
Decision-making role in the venture
Applicant needs to be based in the United States. Caravanserai Project does not sponsor American work permits for any foreign nationals
Must be the original idea of the applicant(s), in its start-up phase
Nonprofits, for-profits, or hybrids are welcome to apply. The venture does not need to be legally incorporated to apply
Does not only have to be run by one individual. Partners can apply to the program
For ventures with multiple partners, only two founders may apply per organization
Both applicants within the partnership must meet all Applicant Eligibility requirements
Partnerships must submit a joint application
SEED LAB FACTS
– 95% of the SEED Lab fellows are women and/or representing minority groups
– 100% of the SEED Lab fellows come from diverse backgrounds which traditionally are not represented in the entrepreneurship sector
– Many of the SEED Lab graduate have access to external funding or investing opportunities ($20,000 per cohort)