Get Equity Free Stipend for Early-Stage Social Entrepreneurs in the Halcyon Incubator Fellowships- Spring 2022

Are you an early-stage entrepreneur?

Submit an application for the Halcyon Incubator Fellowships – Spring 2022 for a chance to get

equity free stipend and pro-bono support.

Application Deadline: October 8 2021

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Benefits

  • Equity free stipend 
  • Final showcase to pitch Halcyon community members, investors & strategic partners 
  •  Pro-bono support from Halcyon’s legal, business, consulting, and technical partners including Fortune 500 companies and entrepreneurs who successfully scaled their businesses 
  • Mentorship and leadership coaching
  • AWS cloud credits & trainingand 
  •  Skill development and capacity building programming 
  • Five months housing and workspace in Washington, DC (Flagship Residential Fellowship only) 
  • Lifelong community of global impact innovators 
  • Halcyon team members who are always here to cheer for you and your impact!

Eligibility

To be eligible for the Halcyon Flagship Residential Fellowship, you:

  • May be from anywhere in the world and your venture may be focusing on any business sector, as long as it is an early-stage social venture (e.g. prioritizes social and/or environmental good along with business success)
  • Must be the CEO and/or hold primary decision-making power in the growth and strategic vision for the venture’s development and management
  • Must be able to make a full-time commitment to work on the venture during the five-month residency phase
  • Must be able to postpone any undergraduate or graduate course work during the residency phase
  • Must already live or work in the U.S. or be able to obtain a visa for the residency phase
  • Must be fluent in English
  • Must be at least 21 years of age by the start of the program
  • May apply on your own or with up to one Co-Founder who meet the above eligibility requirements.
  • Must be willing to contribute to the growth and development of Halcyon’s fellow community

To be eligible for the Halcyon Flagship Residential Fellowship, your venture:

  • Must be an original idea of the applicant(s)
  • Must be early stage (as early as idea stage to as late as approximately $500,000 USD in annual revenue)
  • Must be an independent or autonomous venture that is not under the direction of an existing organization
  • Must have plans for a sustainable business model to generate revenue by selling a core product or service
  • Must be a for-profit, hybrid, or undecided venture, as long as the core mission is to create measurable social change
  • May not be a 501(c)(3) non-profit venture

HALCYON INTENSIVE FELLOWSHIPS

To be eligible for Halcyon Intensive Fellowships, you:

  • Must meet Intensive Fellowship Specific Requirements:
  • Opportunity Intensive Fellowship: Founder and/or venture must be based-in OR primarily serving a designated Opportunity Zone in the Washington, DC, Baltimore, MD, and Northern Virginia Metropolitan Area (DMV) (unsure of if you are in an opportunity zone? A map showing the location of opportunity zones is available on government websites!)
  • Africa Intensive Fellowship: Founder and/or venture must be based in AND primarily serving Sub-Saharan Africa (this may include any Sub-Saharan Country and any business sector)
  • Must be the CEO and/or hold primary decision-making power in the growth and strategic vision for the venture’s development and management
  • Must be able to make a full-time commitment to work on the venture during the 7 to 14 day residency in Washington, DC
  • Must be able to participate in the virtual monthly training and mentoring sessions
  • Must already live or work in the U.S. or be able to obtain a visa for the residency
  • Must be fluent in English
  • Must be at least 21 years of age by the start of the program
  • May apply on your own or with up to one Co-Founder who meet the above eligibility requirements.
  • Must be willing to contribute to the growth and development of Halcyon’s fellow community

To be eligible for Halcyon Intensive Fellowships, your venture:

  • Must be an original idea of the applicant(s)
  • Must be early stage (as early as idea stage to as late as approximately $500,000 USD in annual revenue)
  • Must be an independent or autonomous venture that is not under the direction of an existing organization
  • Must have plans for a sustainable business model to generate revenue by selling a core product or service
  • Must be a for-profit, hybrid, or undecided venture, as long as the core mission is to create measurable social change
  • May not be a 501(c)(3) non-profit venture

In general, we are looking for candidates who:

  • Lead an early-stage for-profit or hybrid social business that solves a social and/or environmental issue and has the potential to grow and scale (both the business and the impact)
  • Hold primary decision-making power in the growth and strategic vision of their social business, typically as a founder and CEO (ventures with multiple founders may apply with up to two co-founders)
  • Will contribute to the growth and development of the Halcyon Fellow community by sharing your talents, expertise, and empathy with your peers
  • Can travel to Washington, DC and stay at Halcyon for the duration of their residency. For the Flagship Residential Fellowship this is for five months (February- July 2022), Africa Intensive Fellowship this is for approximately one week (tentatively February 16-25, 2022), Opportunity Intensive for two weeks tentatively scheduled for summer 2022
  • Applicants for the Flagship Residential Fellowship may live and work anywhere in the world, Africa Intensive applicants must be currently based in Sub-Saharan Africa, applicants for the Opportunity Intensive must be living in and/or primarily serving a government-designated Opportunity Zone in the Washington, DC metropolitan area.

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Application Instructions

To apply, click on the link below.

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About the Halcyon Incubator Fellowships- Spring

Halcyon Fellowships equip early-stage social entrepreneurs with tools and relationships they need to achieve scalable, lasting impact.

Halcyon’s Fellowships are free, with no fee or equity stake required.

We are currently accepting applications for: Halcyon’s Flagship Residential Fellowship (Cohort 16, Spring 2022), 2022 Opportunity Intensive Fellowship, 2022 Africa Intensive Fellowship.

Discover more opportunities from Halcyon.

Key Dates and Order of Program

  • Application deadline: Friday, October 8, 11:59pm ET

Applications are judged and selected based on the following six criteria:

  • Impact. Successful applicants demonstrate a significant impact as a core part of their venture. We look for impact both in terms of how impactful the core product or service is, and how scalable is the model to spread this impact.
  • Problem/Solution. Does your venture identify a real and pressing problem and propose a viable solution? Strong applications effectively and narrowly define a pain point and outline a solution that addresses the pain point.
  • Sustainability. We’re looking for innovative social ventures that sell a core product or service to achieve impact.
  • Execution. The application is our first introduction; get off on the right foot. Successful applicants have a big vision but also pay careful attention to detail.
  • Innovation. How is your solution to a problem different from current solutions? What sets you apart? We value audacious ideas that disrupt the status quo and move the needle on 21st century challenges. Think big!
  • Talent. Do you have what it takes to lead your venture to success? Strong applicants exhibit characteristics of extraordinary leadership: vision, intelligence, resilience, and follow-through.

 

SELECTION PROCESS

  • Each application received by Halcyon is reviewed by a group of Halcyon team members, Fellows, and stakeholders who make up the Halcyon Selection Committee.
  • Initial Review. After the application closes, Halcyon Incubator team and Fellows conduct two initial rounds of application review. These reviews narrow the applicant pool down to approximately 10% of applications designated as semifinalists. The semifinalist applications are forwarded to the semifinalist review committee for further consideration.
  • Semifinalist Review and Finalist Selection. While the semifinalist review committee deliberates to narrow the semifinalist applications and select the finalists, a Halcyon team member contacts the semifinalists to notify them that their application is still under review and to ask them to confirm their continued interest in and eligibility for a Halcyon Fellowship. If semifinalists reached any additional venture milestones since submitting their application, they are welcome to share this information with the Halcyon team member.
  • The Semifinalist Review Committee narrows the semifinalist applications by half, designating the Halcyon Finalists who are invited to the Virtual Pitch Day. Halcyon Finalists represent approximately 5% of the original applicant pool.
  • Virtual Pitch Day. Finalists are notified by a Halcyon team member and invited to participate in a virtual pitch day. Finalists are given five minutes to deliver a virtual pitch (without slides) and five minutes to answer questions from members of the selection committee via a Zoom video conference. Pitch day gives the Halcyon team members and the selection committee the opportunity to interact with finalists and learn more about each venture.
  • Final Selection. After pitch day, members of the selection committee select the new Halcyon Fellows. Halcyon Fellows typically represent 2% of the initial applicants. A Halcyon team member notifies the selected Fellows.
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