Program · Fellowship
Material Change Institute Fellowship
Material Change Institute Fellowship is Material Change Institute's fellowship offering rigorous training and mentorship for underrepresented investors.
- Application state
- Accepting
Overview
What Material Change Institute Fellowship offers
What Material Change Institute Fellowship is
Overview Material Change Institute is a first-of-its-kind nonprofit organization building a capital ecosystem that delivers equal access and exceptional returns through diversifying the venture capital and private equity investment industry. The flagship fellowship program aims to increase representation of women, ethnic minorities, LGBTQ individuals, veterans, and those from disadvantaged backgrounds in decision-making roles within asset management and venture capital.
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
- Material Change Institute
- Last reviewed
- May 26, 2026
Terms and economics
Published program terms
- Price
- Free
- Compensation
- Stipend
Compensation and economics
Participants receive a stipend during their internships, ensuring financial support while gaining valuable experience in investment roles.
Focus and fit
Who the program is for
Program thesis
The Material Change Institute Fellowship aims to address the representation gaps in venture capital and private equity by equipping underrepresented individuals with the skills, networks, and experiences necessary to succeed as investors. By diversifying the investment landscape, the program seeks to enhance deal flow identification and improve investment returns.
Eligibility
Candidates must identify as women, ethnic minorities, LGBTQ individuals, veterans, or come from disadvantaged backgrounds, and have a strong interest in venture capital and private equity.
Selection approach
The fellowship is open to underrepresented individuals seeking to excel as investors. Interested candidates can apply through the program's website.
- Stages
- Pre-seed · Seed
- Regions
- Global
Format and cadence
How participation works
- Presence
- Remote
- Duration
- 52 weeks
- Engagement
- Full Time
Delivery model
The program is primarily conducted online, allowing participants to engage from anywhere while benefiting from virtual learning and mentorship.
Participation expectations
The fellowship requires a full-time commitment, with participants expected to engage actively in all program components.
Availability and engagement
Application timing and route
- Application state
- Accepting
- Admissions
- Open
Published timeline
The fellowship lasts for one year, with a structured curriculum that includes virtual learning, mentorship, and practical internships.
Application considerations
Applicants are encouraged to showcase their unique perspectives and experiences in the investment field. A strong commitment to learning and a passion for venture capital will enhance their application.
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
Fellows benefit from rigorous training in venture capital fundamentals, access to established investor networks, hands-on experience in fund management, and a supportive community of diverse emerging investors.
Outcomes and track record
What the public record shows
Historical activity and reported outcomes provide context, not a guarantee of future results.
Reported outcomes
Graduates of the fellowship have secured investment roles at top firms, launched successful funds, and created impactful ventures, demonstrating the program's effectiveness in fostering diverse investment leaders.
Common questions
Program details at a glance
Material Change Institute Fellowship is published in Upseed as a fellowship program hosted by Material Change Institute. 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
May 26, 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.