Ford Fund Fellowship ranks KC alongside Atlanta, Chicago, Dallas; opening applications to local entrepreneurs

December 27, 2023  |  Nikki Overfelt Chifalu

Participants listen during the Silicon Valley Entrepreneur Basecamp, one of the programs powered by the Ford Motor Company Fund and Watson Institute; photo courtesy of the Watson Institute

For the first time, Kansas City entrepreneurs have an opportunity to apply for the Watson Institute’s Ford Fund Fellowship, Milena Kirillova shared.

The international venture and leadership development program — in its third year and supported by Ford Motor Company Fund — is a virtual, 16-week program designed to equip highly promising entrepreneurs and community leaders with the skills, resources, and experiences to grow the impactful ventures that they are building, explained Kirillova, search manager for the Watson Institute.

“Working within the Kansas City community this year has already demonstrated how many amazing entrepreneurs there are in Kansas City,” she continued, “and how many communities they are impacting through through their work.”

The Boulder, Colorado-based Watson Institute powers fellowships to support highly promising, historically disenfranchised rising entrepreneurs and leaders in partnership with leading corporations and foundations.

Applications for its fellowship close Jan. 15. Click here to apply.

Forty entrepreneurs — 20 from U.S. priority locations (Kansas City, Atlanta, Chicago, Dallas, Detroit, Houston, Louisville, Memphis) and 20 from international locations (China, Germany, Mexico, Romania, South Africa, United Kingdom) — will be chosen for the fellowship, which will run from March 4 to June 27.

“I’m really excited that this year we get to work within Kansas City, and hopefully it will continue to be one of our priority locations down the road,” said Kirillova.

“We’re looking for someone who is an entrepreneur or a community leader and who is deeply committed to creating sustainable and scalable impact within the Kansas City community,” she continued. “The ideal venture stage for this fellowship are those in the problem-solution fit or product market-fit phases, with engaged customers or beneficiaries and demonstrated outcomes in both impact and revenue.”

The expected time commitment for participants is about eight to 10 hours per week, spread across three days, she noted.

“It’s award-winning training that covers topics like foundations, data and metrics, go-to-market, funding, team management, pitch, and much more,” Kirillova said. “We also have a lot of opportunities for mentorship and opportunities for fellows to connect within the network of other entrepreneurs.”

In addition, the Ford Fund Fellowship program includes an impact series led by renowned leaders, entrepreneurs, and practitioners, basecamp workshops held by fellows in their own communities, and a summit event to conclude the fellowship, according to the institute.

Plus $40,000 in venture development stipends will be distributed among chosen fellows based on their progress and impact throughout the fellowship.

The program also offers dedicated support to alumni of the fellowship, Kirillova said. Past fellows include Luka Perkovic — founder of TopCourse, which provides STEM training and curriculum for middle school and high school students and educators across West Tennessee — and Kristin Calabria — founder of the BRIDGE Lab Foundation, which offers preventative and interventive mental health support to teachers, school administrators, students, and caregivers across San Diego and Los Angeles schools.

“We facilitate events where we connect current fellows with program alumni and we connect alumni with opportunities that they need to grow their projects,” Kirillova said. “We also have an alumni community where we share different opportunities that are specifically targeted toward Ford Ford Fellowship alumni.”

The Watson Institute’s Ford Fund Fellowship is the second entry into Kansas City’s entrepreneur company by the Ford Motor Company Fund. The not-for-profit corporation partnered with 1863 Ventures to bring the HERImpact pitch competition to Kansas City, most recently in March 2023.

startland-tip-jar

TIP JAR

Did you enjoy this post? Show your support by becoming a member or buying us a coffee.

Tagged , , ,
Featured Business
    Featured Founder

      2023 Startups to Watch

        stats here

        Related Posts on Startland News

        Jill Meyer, UMKC Innovation Center

        Digital Sandbox KC secures $450K to support startups’ prototyping, proof-of-concept needs

        By Tommy Felts | February 8, 2024

        As Digital Sandbox KC marks its 10th year in 2024, the popular funding program — and a key marker of emerging success for young tech startups in Kansas City — has earned a new round of financial backing from the State of Missouri. Spread over three years, a $450,000 MOBEC (Missouri Building Entrepreneurial Capacity) project grant…

        Mayor: ‘KC is on fire’ (and the city needs to keep turning up the heat); Lucas urges investment ahead of World Cup, major events

        By Tommy Felts | February 8, 2024

        Kansas City, Missouri, is its strongest fiscal position ever, said Mayor Quinton Lucas, emphasizing the city’s potential to capitalize on that economic stability — coupled with headline-grabbing national attention thanks to the Chiefs — to tackle a range of concerns facing entrepreneurs and workers. Opportunities for investment, growth, redevelopment and crime prevention for small businesses are…

        Looking for the right exit? Driven founders first must know their startup’s destination

        By Tommy Felts | February 7, 2024

        Setting an exit goal early is crucial when founding a startup, shared Robert Zhou, a Kansas City serial entrepreneur-turned-angel investor. “Every startup I mentor, I ask the founder this from Day 1: ‘What’s your goal?’” he explained. “‘Are you trying to build a business that you ultimately sell for $10 million? Is it $1 million?…

        Digital Health KC awarded $311K grant with goal to add 70+ jobs, $6M+ in wages across region

        By Tommy Felts | February 7, 2024

        Newly announced funding from the Missouri Technology Corporation is expected to boost a regional initiative that aims to open greater access to critical capital and partnerships for Kansas City area companies in a rapidly emerging industry. BioNexus KC — a catalyst for innovation in animal and human health — has received a $311,000 MOBEC (Missouri…