Charity Entrepreneurship Incubation Program 2021 (Fully-funded Boot Camp and up to $100,000 seed funding)-Read full details

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Check details below | Charity Entrepreneurship Incubation Program 2021 (Fully-funded Boot Camp and up to $100,000 seed funding)-Welcome to Australia minds-see Application Procedures below

Deadline: January 15, 2021

Applications to the Charity Entrepreneurship’s 2021 Incubation Program are now open! The two-month, cost-covered online course will take you from a basic familiarity with starting charities to being fully prepared to create and operate an effective organization. Management, fundraising, impact analysis: everything you need to know, taught by mentors with experience establishing multiple EA charities – including a GiveWell top charity.

The program provides new entrepreneurs with all the tools to found an effective charity in just two months. Successful applicants get a free intensive training in skills like management, fundraising, impact analysis – everything needed to start a charity. They’ll finish the program with a co-founder and a high-impact nonprofit startup, and can apply for a seed grant of up to $100,000.

Program Details

The next two-month Incubation Program will run from 28 June to 27 August 2021. The program will run online, so you can participate fully remotely. Depending on the Covid situation, we may also organize part of the course offline for those who are able to travel to London.

The Incubation Program generally requires full-time commitment from 28 June to 27 August 2021 (stipends are provided to those in need). This year they’re also incorporating a preparation stage into the program so you can hit the ground running over the summer.

How It Works

  1. THOROUGHLY RESEARCHED IDEAS
    • Each year our research team spends thousands of hours researching potential charity ideas, building on large bodies of research by external organizations. Only the best interventions make it onto our list of top charity ideas.
  2. INCUBATION PROGRAM
    • They choose participants with the greatest potential to start new, effective charities from our list. They provide them with two months of intensive training (including partner projects, evaluations, creating a funding proposal). The Incubation Program requires a full-time commitment; stipends will be provided to those in need.
  3. LAUNCH!
    • Co-founders create funding proposals that are evaluated by CE’s board of directors and a network of funders. Successful teams are awarded seed funding, with grants ranging from $20,000 to $100,000. (In 2020, half of participants received seed funding from CE. The remaining half raised funds outside CE, received job offers within the CE network, or pursued other high-impact careers.) CE also provides the teams with operational support in handling legal hurdles during the first year. 
  4. POST LAUNCH
    • Taking part in the Incubation Program means tapping into a powerful worldwide network of mentors, funders, and skilled workers. CE also provides you with weekly one-on-one mentorship calls (up to 12 months after founding) and co-working space (if pandemic restrictions allow).

After the program, you will be required to start a charity for the following reasons:

  • $200,000 TO CHARITIES – Achieve an impact equivalent to about $200K/year in donations to effective charities
  • HIGHLY RECOMMENDED – Pursue a career that is highly encouraged by GiveWell and supported by the Open Philanthropy Project
  • BETTER INTERVENTIONS – Move resources toward more cost-effective, evidence-based interventions
  • CAPACITY BUILDING – Increase your future impact by gaining entrepreneurial experience directly from EA mentors

Benefits

All costs are covered. When the program can be run in person this includes tuition, accommodation, any flights needed, and a modest living stipend. When the program must be run online (i.e. due to COVID-19), they provide stipends for those who need financial assistance due to the full-time commitment it requires.

If you have higher expenses due to special circumstances or dependents, you may qualify for additional financial assistance. Please apply as usual, and if you are accepted into the next round, we will discuss any special arrangements that might be needed.

Eligibility

Application

In 2021 they plan to found new charities based on their 2020 Top Recommended Ideas and their ongoing research. You can also apply with your own idea, but you must be able to make a good case that it is similarly high-impact to our recommended charities list.

Click here to apply.

For more information, visit Charity Entrepreneurship.



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