The Global Good Fund is a leadership development enterprise built by and for social entrepreneurs. The Global Good Fund Fellowship is a 12-month program supporting the leadership development of young social entrepreneurs across the globe. The Global Good Fund develops these innovators by pairing them with executives who serve as Mentors, and by providing leadership assessment resources, a network of peers, sector expertise, and targeted financial capital.
- Assessment: The Global Good Fund supports our Fellows in their natural work environments through a first-of-its-kind 360 leadership assessment tool, the 360 MIRROR, specifically designed for social entrepreneurs. This tool is a behavior-based assessment of the skills and values associated with great leaders.
- Development Plan: The results of the assessment and conversations with a Global Good Fund Leadership Development Coach form the basis for a Leadership Development Plan to be implemented with support of a Global Good Fund Mentor.
- Mentor Engagement: The network of Mentors includes leaders like Ted Leonsis, Owner & CEO of Monumental Sports & Entertainment, Tracy Fitzsimmons, President of Shenandoah University, Sami Inkinen, Co-Founder of Trulia, Lydia Thomas, former CEO of Noblis, and Pete Smith, CEO of Al Tayyar Energy.
- Development Activities: Fellows will be exposed to various activities throughout the year, such as our annual Summit, a four-day curated leadership development experience for the Fellows and Alumni.
- Long Term Assessment: Each Fellow retakes the leadership assessment at the end of the Fellowship and then 1, 3, 5, and 10 years post Fellowship to track his/her growth.
- 360° Assessment: We administer the 360 MIRROR, leadership assessment tool designed specifically for social entrepreneurs to derive feedback from their board, staff, peers, and stakeholders as well as the Fellow. The Fellow will retake the leadership assessment at the end of the Fellowship and then 1, 3, 5, and 10 years post Fellowship to track his/her growth.
- Leadership Development Plan: The results of the 360 MIRROR are used by each Fellow with his/her Leadership Development Coach (LDC). The LDC serves as an executive coach. The 360 MIRROR data points combined with one-on-one LDC interactions over 3 months result in each Fellow creating a personalized Leadership Development Plan (LDP).
- Executive Mentoring: Each Fellow is paired with an Executive Mentor who is an established business or non-profit leader. The Fellow-Mentor relationship spans nine months with the goal of implementing the LDP and leveraging the Mentor’s leadership insights. Fellow-Mentor check-ins occur every two to three weeks through virtual meetings. The Fellow-Mentor relationship may continue after the Fellowship if the Fellow and Executive Mentor so choose.
- Annual Summit: Fellows participate in an annual Global Good Fund Summit each spring. This 4-day event provides a platform for networking between Fellows, LDCs, Coaches, Alumni, and The Global Good Fund staff. The Summit is a curated leadership development experience for each Fellow.
- Targeted Funds: Each Fellow receives a leadership development grant of up to $10,000. These funds are used explicitly for LDP implementation and leadership development with a special focus on experiential learning.
Peer and Subject Matter Expert Network
- Fellows are part of a global cohort of social entrepreneurs. The Global Good Fund facilitates regular interaction among the Fellows. Fellows are encouraged to engage each other, Alumni, and Content Experts in tackling leadership development challenges. The Global Good Fund intentionally connects Fellows with Content Experts to address specific functional, sector, or geographic issues faced by each Fellow.
How to apply
Phase 1: Preliminary Questionnaire
Submission Deadline: June 30, 2017
Phase I consists of a preliminary questionnaire that is reviewed for alignment with Fellowship criteria.
In order to be considered for the fellowship, candidates must meet the following minimum requirements:
*Enterprise that the candidate leads is at least one-year old;
*Enterprise must have at least one full-time employee in addition to the candidate;
*Candidate is committed full‐time to running his/her enterprise;
*Candidate is under 40 years of age (if 40 or older, explain rationale for joining fellowship);
*Candidate should not be currently receiving formal coaching/mentoring support;
- *Candidate has to be in a position where s/he has decision making power.
Candidates who meet the requirements will be invited to participate in Phase II of the application process.
Submission Deadline: August 11, 2017
Phase II of the application consists of two (2) parts.
Part A is an informal video recording that addresses the following topics:
*Your motivation to set-up your enterprise;
*The mission and objectives of your enterprise;
*The reasons why you and your enterprise are unique and address a specific problem more effectively than other enterprises.
Part B of the application also consists of a written section that assesses leadership, the enterprise, and social impact. Each written application will be read and scored by at least two reviewers.
The Candidate’s video and written application will be reviewed and scored on a 1-5 scale, 1 being the lowest score and 5 being the highest score. Candidates with the highest cumulative scores will advance to Phase III.
Scheduled October 31 – November 18, 2017
Part III of the application consists of a one-hour virtual site visit. The Global Good Fund will speak to the candidate, core team members, and community members. These conversations will occur throughout the selection process.
Finalists will be notified about their selection results in December 2017.