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Call for Applications: Legatum MIT Foundry Fellowship 2023 for African Entrepreneurs

The Legatum Center for Development and Entrepreneurship at the Massachusetts Institute of Technology (MIT) was founded on the belief that entrepreneurs and their market-driven solutions are critical to advancing sustainable prosperity across global growth markets.  

The Foundry Fellowship embodies this belief through its creation of a community of Africa-based entrepreneurs who share a vision for a continent where people, ideas, and resources move across borders, and where ecosystems enable innovation-driven entrepreneurs to thrive and scale. This community plays a critical role in shifting the narrative of Africa to one of abundance, opportunity, innovation, and dynamism.

The Foundry Fellowship is a six-month, transformative experience for accomplished entrepreneurs who are committed to leading the acceleration and interconnection of Africa’s innovation and entrepreneurship ecosystems.


The fellowship is open to Africa-based founders who have:

1) founded and scaled a for-profit, innovation-driven company, AND
2) who are now at an inflection point and are preparing to transition into leadership in one of the following ways:
– By transitioning from running your innovation-driven enterprise to taking on a new leadership role within the ecosystem;

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for example, you may be launching a venture capital fund, starting an accelerator, or pursuing a path in policymaking;

– By founding a venture or support organization that will specifically help build innovation and entrepreneurial ecosystems across Africa;

– By expanding your innovation-driven enterprise across the continent, and through that expansion, focus on ecosystem development to reach your growth goals.

Application Opens: May 26 2023 11:00 AM (EDT).
Deadline: Jul 7 2023 11:59 PM (EDT)

Get more details and apply HERE



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Segun Akinlabi

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