Program · Fellowship
ICM Mosaic Fellowship Program
ICM Mosaic Fellowship Program is Impact Capital Managers' fellowship offering summer associate placements at leading impact funds for graduate students.
- Application state
- Accepting
Overview
What ICM Mosaic Fellowship Program offers
What ICM Mosaic Fellowship Program is
The Mosaic Fellowship is Impact Capital Managers' flagship talent and leadership development initiative designed to cultivate skilled, diverse professionals in the impact investment industry. The program places high-performing graduate students as summer associates at ICM member funds—leading private capital funds investing for impact and superior returns. Participants gain hands-on experience, mentorship, and a pathway to careers in impact investing.
Operational profile
Program status and context
Program status describes the program itself. Application availability and deadlines remain separate.
- Operational status
- Active
- Program type
- Fellowship
- Host organization
- Impact Capital Managers
- Last reviewed
- March 16, 2026
Terms and economics
Published program terms
- Stipend
- $20,000
- Price
- Free
- Compensation
- Stipend
Compensation and economics
Participants receive a stipend of $20,000 for the 10-week summer fellowship, which typically covers housing and living expenses during the program.
Focus and fit
Who the program is for
Program thesis
The ICM Mosaic Fellowship aims to bridge the gap in the impact investing sector by providing diverse graduate students with practical experience and mentorship at leading impact funds. The program addresses the need for skilled professionals who are committed to making a positive impact through investment.
Eligibility
Applicants must be enrolled in a graduate degree program at the time of application. The program encourages applications from underrepresented minorities, women, first-generation professionals, and those from non-traditional career paths.
Selection approach
Applications are open to graduate students, particularly targeting MBA candidates and those with some familiarity with quantitative analysis. The application process includes a deadline for submission and a selection process based on qualifications and diversity.
- Stages
- Friends and Family · Angel · Accelerator · Pre-seed · Seed · Seed+ · Series A · Series A+ · Series B · Series B+ · Series C · Series C+ · Series D · Series E · Series F · Growth Equity
- Regions
- Global
- Audience
- Students
Format and cadence
How participation works
- Presence
- In Person
- Main location
- New York City, New York, United States
- Duration
- 10 weeks
- Cohort size
- 26
- Cohorts per year
- 1
- Engagement
- Full Time
Delivery model
The program includes an in-person orientation in New York City and full-time placements at host funds during the summer.
Participation expectations
The fellowship requires a full-time commitment during the 10-week placement period, with immersive experiences at host funds.
Availability and engagement
Application timing and route
- Application state
- Accepting
- Admissions
- Unknown
Published timeline
The program runs annually during the summer, with a 10-week placement period from June to August. Orientation takes place in New York City prior to the fellowship.
Application considerations
Applicants should demonstrate a strong commitment to impact investing and highlight any relevant experience or skills in their applications. Networking with alumni and current fellows can provide valuable insights.
Value and support
What participation may provide
Publicly described support is context, not a guarantee of current delivery or future benefit.
What participants may receive
Participants receive a stipend, intensive training in impact investing, mentorship from industry leaders, and access to a network of alumni and professionals in the impact ecosystem.
Outcomes and track record
What the public record shows
Historical activity and reported outcomes provide context, not a guarantee of future results.
Reported outcomes
Alumni of the program have successfully transitioned into full-time roles at impact funds, angel investing, and leadership positions in nonprofits and social enterprises. Participants report increased clarity on their career paths and expanded professional networks.
Common questions
Program details at a glance
ICM Mosaic Fellowship Program is published in Upseed as a fellowship program hosted by Impact Capital Managers. Upseed treats the Program and its host Organization as separate records so each can have its own status and sources.
Source and update disclosure
Know what this page is based on
Source basis
Public organization and program material, official websites, and structured Upseed records.
Last reviewed
March 16, 2026
Known limits
Terms, deadlines, and application states can change. Confirm current details at the published destination before acting. Upseed does not yet classify every Program destination as official.
Upseed is an independent guide. It is not affiliated with, endorsed by, or the official representative of this program or its host.