IMPACT HUB FELLOWSHIP

Impact Hub Fellowship is a topic focused entrepreneurial idea award and one-year incubation program designed to attract, select and support early stage impact orientated entrepreneurs and help them realise their innovations for a more sustainable world. Each Fellowship gets implemented by the collaborative effort of key stakeholders. The Fellows and finalists contribute to solve key pressing social and ecological issues of our time with enterprising ideas. Support is provided throughout the fellowship year so that they build a strong foundation for growth into scalable, innovative, impactful ventures.

Program structure

The entire program is structured in 3 phases:

Phase 1: Ideation Phase

The 6 to 8 weeks ideation phase features a campaign to reach out to potential and an ideation workshop in which participants learn how to conceptualise their idea with a clear business approach.  

Phase 2: Business Model Phase (Cohort)

The business model phase an intensive acceleration phase (between 6 weeks and 3 months long), targeting the development of the right business model for participants' ideas, as well as other key competences and entrepreneurial skills.  

Phase 3: Prototype Phase (Incubation)

The goal for the Fellows during the prototype phase (incubation) is to develop a prototype and test it in the real market environment. Additionally, they are expected to build a management team, found a legal entity and secure additional funding, as well as customer contacts. During this phase Fellows receive significant seed funding as well as connections to peer entrepreneurs, coaches, and other valuable contacts. This phase ideally lasts 6-9 months.

Incubation support

Fellows initiatives get significant seed funding as well as connections to peer entrepreneurs, coaches, and other valuable contacts. These relationships, combined with skills training, help facilitate the start-up of a thriving social business. Furthermore, Fellows receive free Impact Hub memberships to access a vibrant community of changemakers in an inspiring work atmosphere.

Seed funding

Funding is awarded to finance the very early steps of Fellow’s initiatives. Seed funding is essential to entrepreneurs entering the challenging shift from intention to action. This capital is to be spent for prototyping, business incorporation, and basic living costs.

Workspace

Get immersed into the Impact Hub community of change-makers. The peer-to-peer effect in the curated Impact Hub spaces will make a big difference during the initial venture-forming phase. Fellows can fully focus on the development of their venture in a uniquely designed space and inspiring work atmosphere. While some famous tech ventures have started in a garage, social innovation happens at Impact Hub!

Coaching

Together with their coaches, Fellows will develop and track a targeted milestone plan meant to advance the incubation phase of a Fellow’s venture. In cooperation with our partners and existing programs offered at Impact Hub, further training may also be offered to complement and strengthen Fellows’ critical skills.

Network

Fellows plug into a network of like-minded individuals and experts, who will facilitate the beginnings, growth, and overall scale of each Fellow’s venture. Connections like these allows them to gain access to resources and that will ultimately increase the impact of their work. A mentorship approach to each venture means that Fellows will get exposure to an extensive pool of experienced colleagues, resources who will ultimate build connections to potential partners and investors.

What is Impact Hub?

We believe a better world is created through the combined accomplishments of compassionate, creative, and committed individuals focused on a common purpose.
Impact Hub Fellowship is a program developed by and run within Impact Hub. From Amsterdam to Johannesburg, Singapore to San Francisco, Impact Hub has evolved into a rapidly expanding, diverse global network of over 7000+ members in 40+ locations. Each community is a wealth of innovative programs, events, and cutting -edge content. Step into any one of our Impact Hubs worldwide and immerse yourself in the local experience of a global movement. Part innovation lab, part business incubator, and part community centre, we offer our members a unique ecosystem of resources, inspiration, and collaboration opportunities to grow impact. Joining our diverse community of members and collaborators will inspire, connect, and enable you to develop your best work every step of the way.