![]() ![]() ADDITIONALLY, 71+ SPEAKERS, TRAINERS, AND GUESTS FROM OUT OF TOWN AND 25 VFA TEAM MEMBERS PARTICIPATED AND IMPACTED OUR NATIONAL PROGRAM.RECRUITMENT AND DIVERSITY, EQUITY & INCLUSIONIN 2019 WE BEGAN OPERATION 3 TO 300, OUR COMMITMENT TO HELP 300 WOMEN AND RACIAL AND ETHNIC MINORITIES BECOME ENTREPRENEURS IN THE NEXT THREE YEARS. ![]() BECAUSE OF OUR PROGRAM, 212 FELLOWS, 14 TCR TEAM MEMBERS (3 FT VFA, 6 ALUMNI AND 5 INTERNS), MADE ZOOM AND REMO THEIR HOME FOR THE SUMMER. DURING ONE MONTH ON ZOOM (146 SESSIONS), VFA HOSTED A COMBINED 370+ PEOPLE FROM ACROSS THE COUNTRY AS PART OF OUR HALLMARK NATIONAL PROGRAM. MORE THAN A SERIES OF LECTURES AND WORKSHOPS, TRAINING CAMP IS WHAT SETS VFA APART AND WHAT MAKES OUR PROGRAM A TRUE FELLOWSHIP A COMMUNITY OF LIKE MINDED INDIVIDUALS UNITED BY A SHARED GOAL AND BONDED IN FRIENDSHIP AND CAMARADERIE.TRAINING CAMP 2020 WAS OUR FIRST VIRTUAL TRAINING CAMP. FOR ONE MONTH, INCOMING FELLOWS WORK TOGETHER VIRTUALLY, LEARNING A COMBINATION OF BOTH HARD AND SOFT SKILLS CRITICAL TO A SUCCESSFUL CAREER IN STARTUPS. SEVEN COMPANIES PARTICIPATED IN THE 2020 ACCELERATOR COHORT, WHICH CULMINATED IN OUR ANNUAL DEMO DAY IN WHICH ACCELERATOR PARTICIPANTS COMPETED FOR $10,000 IN GRANT FINANCING, SPONSORED BY UBS.TRAINING CAMP:THE VENTURE FOR AMERICA FELLOWSHIP KICKS OFF WITH TRAINING CAMP, A HALLMARK OF OUR PROGRAM AND OUR PRIMARY EDUCATIONAL INITIATIVE. ![]() THE ACCELERATOR FOLLOWS A CURRICULUM THAT INCLUDES TRAINING, WORKSHOPS, AND MENTORING BY THE VFA TEAM, VFA FELLOW FOUNDER ALUMNI, AND NATIONAL SUPPORTERS. OUR 6TH ANNUAL ACCELERATOR TOOK PLACE VIRTUALLY FROM AUGUST 10 TO NOVEMBER 20, 2020. VFA PROVIDES BOTH LIVING AND BUSINESS STIPENDS AND TAKES NO EQUITY IN THE COMPANIES. THE PROGRAM IS A 4-MONTH, VIRTUAL ACCELERATOR. (More) ACCELERATOR: THE VENTURE FOR AMERICA ACCELERATOR GIVES VFA ALUMNI THE TIME, SPACE, AND SUPPORT THEY NEED TO TURN THEIR SIDE PROJECTS AND BUSINESS CONCEPTS INTO FULL-TIME VENTURES. Several fellows went on to start their own businesses, while others continued growing at their vfa partner companies.ACCELERATOR: THE VENTURE FOR AMERICA ACCELERATOR GIVES VFA ALUMNI THE TIME, SPACE, AND SUPPORT THEY NEED TO TURN THEIR SIDE PROJECTS AND BUSINESS CONCEPTS INTO FULL-TIME VENTURES. Graduation: we graduated our first class of 2012 fellows, marking the completion of the first full vfa fellowship cycle. These companies were also recognized and granted a total of $150k in seed investments from ubs during summer celebration. Fellow-led companies: we were thrilled to see the establishment and growth of four fellow-led companies: banza, zest tea, slope, and castle. In 2014, select fellows were invited to pitch to a committee of experienced investors comprised of vfa executives, board members, and several institutional supporters. Vfa seed fund: we launched our first initiative to invest in fellow-led companies by building a network of experienced vfa supporters to provide fellows with the opportunities to receive guidance and seed funding. After its launch, a full 30% of applicants cited the website as the primary reason for applying to vfa, up from 13% the previous year. Additional accomplishments include: website upgrade: with the help of one of our providence-based partner companies, we spruced up our website to tell better stories of our fellows and their experiences. 105 new fellows were made offers into its third class, and they were trained and placed in 12 cities including baltimore, cincinnati, cleveland, columbus, detroit, las vegas, miami, new orleans, philadelphia, providence, san antonio, and st. Programs: Vfa had a successful and pivotal year in 2014. ![]()
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