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

        Just funded: Four new Digital Sandbox KC companies scaling products beyond survival mode

        By Tommy Felts | March 30, 2023

        Freshly announced funding from Digital Sandbox KC is expected to help four Kansas City startups scale their innovations to market with additional access to investors, resources and a growing network of fellow entrepreneurs. Among the first-quarter Sandbox recipients, Basehor-based Mpruv Sports plans to use the new backing as it releases a series of peer-to-peer, on-demand,…

        UMKC pitch contest returning with $90K in prizes; spots remain for emerging startups

        By Tommy Felts | March 29, 2023

        The 2023 edition of the Regnier Venture Creation Challenge (RVCC), an annual pitch competition hosted by UMKC, is expected to award $90,000 in equity-free funding to student entrepreneurs and Kansas City businesses. Ben Williams, managing director at the Regnier Institute for Entrepreneurship and Innovation, shared his excitement for this year’s event — set for April…

        He’s building a more welcoming (and eco-friendly) KC, but this entrepreneur’s vision comes with a catch: It isn’t a one-man job 

        By Tommy Felts | March 29, 2023

        Reda Ibrahim’s home is open to everyone, he shared, especially for those who feel like they don’t belong anywhere.  “I have a big magnet toward everyone who doesn’t fit in. I faced a lot of racism; I have faced the struggle to be accepted. [When I came to the United States] seven, eight years ago,…

        Art Junkez put Chicano custom culture on canvas with a colorful salute to family roots

        By Tommy Felts | March 29, 2023

        The Art Junkez — a venture crafted by a Westside-raised brother and sister and their spouses — set out to create “something out of nothing” in celebration of their Mexican-American heritage, Selena Moran and Jaime Calderon shared. Growing up, it wasn’t easy to find gifts that reflected their culture — like something for their grandma…