The deadline for the July 2020 cohort has passed. We are no longer accepting applications for the July 2020 cohort. Applications for the January 2021 cohort will open in the fall of 2020.
Information about Alumni Ventures Group
Alumni Ventures Group creates and manages alumni venture capital funds. Our funds are private, for profit, and not affiliated with their respective university. Our funds are based on a simple idea: alums do better investing together than alone. We have successful annual funds for alums at Dartmouth, Harvard, Yale, MIT, Brown, the University of Pennsylvania, Northwestern, Princeton, Duke, the University of Wisconsin, Stanford, UC Berkeley, Cornell, Columbia, UCLA, USC, and University of Texas at Austin —and continue to add new funds.
We offer investors a large, diverse venture portfolio where they back the companies of fellow alumni and co-invest alongside smart, professional VCs.
We believe we do better investing together than we can alone.
The Venture Fellow Program
The mission of the AVG Venture Fellow Program is to provide world-class professional development and hands-on learning opportunities in the venture capital industry, thereby serving as an onramp to careers in VC and entrepreneurship for hundreds of early- and mid-career professionals each year.
Through education, networking, and practical application, the program improves access to jobs in these hard-to-enter career fields with a particular focus on increasing opportunities for underrepresented groups, promoting gender and racial and ethnic diversity in the venture industry.
No experience in venture capital is required. There is no cost to apply and there is no cost to participate in the program.
What: A 12-month, structured educational experience.
First Six Months:
Fellows are the face of our funds. Fellows can expect to network and engage with successful alumni of industries relevant to VC, all while building networking skills and learning about raising capital. In addition, Fellows will build core VC 101 knowledge and skills. Specifically, fellows will:
- Introduce alumni to our funds and community, engaging in digital outreach and networking
- Answer questions about our model & investment strategy
- Facilitate introductions between investors, entrepreneurs, and our deal teams.
- Engage in VC 101 curriculum
Second Six Months:
Fellows learn about investing capital, gaining hands-on experience. Fellows participate in activities such as the following:
- Research exciting new companies and technology
- Learn about and practice deal sourcing
- Practice diligence and engage in discussion of investment opportunities
When: The Venture Fellow program accepts applications two times per year - one cohort begins in January and one cohort begins in July. For additional information about application deadlines please refer to the Application Page below.
Where: The Venture Fellow Program can be done 100% remotely and is designed to be flexible to work around your schedule.
We expect fellows to put in a minimum of 5 hours per week. While participating in the program, we expect fellows to brand their LinkedIn profiles with information about their role at their fund. A high level of professionalism, reliability and responsibility is also expected.
There is no cost to apply to or participate in the Venture Fellow Program.
Who Should Apply
- Applicants must have a bachelor’s degree (or equivalent) before the start of the Program
- Applicants must be primarily based (living/working) in the United States
- Applicants must not be an investor in AVG or any of our funds and Fellows cannot invest in AVG funds for the duration of their Program participation
The Venture Fellow program is geared toward college graduates aged 25-40 who are currently working full or part time, but we accept and consider applications from any interested candidate. A core tenet of the Venture Fellow Program is to promote diversity in Venture Capital. We encourage individuals from all genders, ethnicities, and socio-economic backgrounds to apply.
Applying to the Venture Fellow Program
Applications for the July 2020 cohort are now closed. We will be opening our application again for the January 2021 cohort in the fall of 2020.