Program · Scout Program
NEX Cubed HBCUVC Venture Scouting Program
NEX Cubed HBCUVC Venture Scouting Program is NEX Cubed's scout program offering mentorship and carry for HBCU students and alumni.
- Application state
- Accepting
Overview
What NEX Cubed HBCUVC Venture Scouting Program offers
What NEX Cubed HBCUVC Venture Scouting Program is
NEX Cubed, in partnership with HBCUvc, has launched the HBCUVC Venture Scouting Program to increase diversity in venture capital. This innovative scout program focuses on training Black venture investors while building a sourcing pipeline of HBCU-connected founders. Participants will gain hands-on experience in venture capital, including due diligence, investment evaluation, and direct engagement with real investment decisions. The program aims to create a diverse investor perspective and address the systemic underrepresentation of Black founders in the venture ecosystem.
Operational profile
Program status and context
Program status describes the program itself. Application availability and deadlines remain separate.
- Operational status
- Active
- Program type
- Scout Program
- Host organization
- Nex Cubed
- Last reviewed
- March 16, 2026
What Scout program means
A scout program is a structured venture-capital program that recruits external people to help a fund discover, refer, evaluate, or sometimes invest in early-stage startups.
Open the glossary entryTerms and economics
Published program terms
- Investment
- $40,000,000
- Price
- Free
- Compensation
- Carry Share
Compensation and economics
Scouts in the program receive a percentage of carry, which is a profit share directly tied to the deals they source and the companies they identify. This structure aligns their incentives with the performance of the fund, creating financial upside opportunities.
Focus and fit
Who the program is for
Program thesis
The NEX Cubed HBCUVC Venture Scouting Program aims to address the underrepresentation of Black founders and investors in the venture capital ecosystem. By training HBCU-connected individuals in venture capital, the program seeks to create a diverse pipeline of investors and founders, ultimately leading to increased funding for Black-led startups.
Eligibility
Participants must be HBCUvc fellows, alumni, or HBCU students with a commitment to increasing diversity in venture capital.
Selection approach
The program is open to HBCUvc fellows, alumni, and HBCU students interested in venture capital. Interested individuals can apply through the program's application link.
- Stages
- Pre-seed · Seed
- Regions
- United States
Format and cadence
How participation works
- Presence
- Hybrid
- Main location
- United States
- Engagement
- Part Time
Delivery model
The program operates in a hybrid format, allowing for both in-person and remote participation.
Participation expectations
The program requires a part-time commitment from participants, allowing them to balance other responsibilities while gaining valuable experience.
Availability and engagement
Application timing and route
- Application state
- Accepting
- Admissions
- Open
Published timeline
The program launched in October 2023, with ongoing opportunities for new cohorts to join.
Application considerations
Applicants should demonstrate a commitment to diversity in venture capital and a willingness to learn and engage with the venture ecosystem.
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 will receive venture capital training, hands-on experience in sourcing investment opportunities, mentorship from industry professionals, and access to NEX Cubed's portfolio companies.
Outcomes and track record
What the public record shows
Historical activity and reported outcomes provide context, not a guarantee of future results.
Reported outcomes
Success will be measured by scout pipeline development, scout-sourced investments, and the career progression of scouts into venture roles.
Common questions
Program details at a glance
NEX Cubed HBCUVC Venture Scouting Program is published in Upseed as a scout program program hosted by Nex Cubed. 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.