Imperial College London, in collaboration with the Commonwealth Scholarship Commission (CSC) and the UK’s Foreign, Commonwealth & Development Office, has launched the Commonwealth Startup Fellowship. This six-month program is designed to support high-potential startups from low- and middle-income Commonwealth countries, providing them with the skills, knowledge, and networks necessary to scale their businesses and drive job creation.
Program Overview:
- Duration: Six months, commencing in March 2025.
- Structure: A blend of immersive in-person experiences and online learning, including:
- Two-Week Bootcamp: A fully funded intensive session in Accra, Ghana, focusing on leadership, scaling strategies, team building, fundraising, and sales.
- Online Support: Ongoing business coaching, expert-led sessions, and peer networking to address specific business challenges.
- Capstone Event: Select participants may be invited to London, UK, for a capstone event featuring investor pitches and networking opportunities.
- Financial Support: Access to an equity-free Fellows Fund of £35,000 to support business-related expenses.
Eligibility Criteria:
- Educational Background: Applicants must be at least graduate level.
- Citizenship: Must be a citizen of, or have been granted refugee status by, an eligible low- or middle-income Commonwealth country, and be permanently resident in that country.
- Language Proficiency: Fluency in written and spoken English is required.
- Previous Fellowships: Applicants should not have undertaken a Commonwealth Professional Fellowship within the last five years.
- Availability: Must be available to commence the fellowship from the prescribed start date.
- Startup Requirements:
- Demonstrated innovation in product, service, or market.
- Active development for at least six months with committed team members.
- A working minimum viable product, service, or prototype.
- Evidence of customer engagement or traction, such as early sales, pre-sales, signed contracts, or other relevant indicators.
Eligible Countries for Commonwealth Startup Fellowship
The program is open to startups from various Commonwealth countries across Africa, Asia, the Caribbean, and the Pacific. A comprehensive list of eligible countries is available on the official CSC website.
Application Process:
- Application Form: Interested startups can apply for the fellowship here.
- Application Deadline: Wednesday, 15th January 2025.
- Final Application Deadline: Monday, 17th February 2025.
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