Acumen Fellowship 2024: Apply Online & Amount

Acumen Fellowship Apply Online & Application Form | Acumen Fellowship Check Beneficiary Category & Last Date | Acumen Fellowship Check Benefits & Features | Acumen Fellowship Check Selection & Implementation Procedure | Acumen Fellowship Check Eligibility & All Details | 

A distinguished program called the Acumen Fellowship seeks to cultivate and assist people who are dedicated to bringing about constructive social change in their communities. The fellowship provides participants with a thorough and immersive program that equips them with the skills, knowledge, and network needed to address some of the most critical global issues.

This article will provide all types of information about the Acumen Fellowship 2024 like purpose, Eligibility Criteria, Benefits, Features, important documents, etc. Apart from this, we will share the process to apply online for this fellowship. To get complete information about this fellowship, read this article till the end.

Acumen Fellowship          

The Acumen Fellowship, initiated by Jacqueline Novogratz’s organization in 2001, aims to cultivate entrepreneurial leaders in India. Dedicated to addressing injustice and poverty, the program provides selected leaders with year-long training focused on self-development and self-enhancement. Through the power of entrepreneurship, Acumen strives to create a world where everyone can live with dignity.

The Acumen Fellowship, organized by Acumen, spans Columbia, East Africa, India, Pakistan, and West Africa. It’s a one-year leadership development program connecting social changemakers committed to addressing poverty and injustice. The application deadline for the India Fellowship will be updated soon. The fellowship starts in May for the spring cohort and October for the fall cohort.

Highlights of Acumen Fellowship 2024

The highlights of this fellowship are as follows:- 

Objectives of Acumen Fellowship 2024

The Acumen Fellowship has two primary objectives:-

• To cultivate a community of leaders who possess the moral imagination and entrepreneurial mindset to drive social innovation.
• To provide fellows with the tools, resources, and support needed to effectively address poverty, injustice, and inequality.

Beneficiary Category 

The Acumen Fellowship is open to individuals from diverse backgrounds, including entrepreneurs, intrapreneurs, and professionals working in the public, private, and social sectors. The program seeks individuals who have a deep passion for social change and a track record of driving impact in their respective fields.

Application Enrollment Last Dates

The application process for the Acumen Fellowship typically opens in the first quarter of each year, with specific dates announced on the official website. Prospective fellows are encouraged to submit their applications before the stated deadline to be considered for the fellowship.

Selection Procedure 

The selection process for the Acumen Fellowship is rigorous and highly competitive. It involves multiple stages, including an online application, interviews, and in-person assessments. The selection committee evaluates candidates based on their leadership potential, commitment to social change, and alignment with Acumen’s values and mission.

Implementation Procedure 

Once selected, fellows embark on a one-year journey that includes a series of immersive seminars, workshops, and field visits. These activities are designed to provide fellows with a deep understanding of complex social challenges and equip them with the necessary skills to address these issues effectively.

Renewal Procedure

Renewal of the Acumen Fellowship is a process that allows current Fellows to continue their participation in the program for an extended period. The renewal procedure is designed to ensure that Fellows are committed to their personal and professional growth and are actively contributing to the Acumen community.

The renewal procedure consists of the following steps:-

• Application: Fellows who wish to renew their participation in the program need to submit a renewal application. The application form can be accessed through the Acumen Fellowship website.
• Renewal Criteria: Fellows must meet certain criteria to be eligible for renewal. These criteria are outlined below.
• Selection Process: The renewal applications are carefully reviewed by the Acumen team. The selection process takes into consideration the Fellow’s performance during the initial Fellowship period, their commitment to the program, and their potential for continued impact.
• Notification: Once the selection process is complete, Fellows will be notified of the outcome of their renewal application. Successful applicants will receive an official confirmation and will be invited to continue their participation in the program.

Renewal Criteria

The renewal criteria serve as a guideline to assess the Fellow’s progress and commitment to the program. Fellows must meet the following criteria to be considered for renewal:-

• Active Engagement: Fellows should have actively participated in the Fellowship activities, including attending all required sessions, workshops, and events. They should have demonstrated a strong commitment to their personal and professional growth.
• Impact: Fellows should have made a significant impact in their respective fields or communities during the Fellowship period. This impact can be measured through tangible outcomes, such as the launch of a social enterprise, the implementation of a community project, or the creation of sustainable solutions to social challenges.
• Collaboration: Fellows should have actively collaborated with other Fellows and members of the Acumen community. They should have demonstrated a willingness to share knowledge, exchange ideas, and support their peers in their social impact journeys.
• Continued Learning: Fellows should have shown a commitment to continuous learning and growth. This can be demonstrated through their participation in additional training programs, workshops, or courses related to their field of interest.
• Contribution to the Acumen Community: Fellows should have actively contributed to the Acumen community by sharing their insights, experiences, and lessons learned. They should have participated in community events, mentorship programs, or other initiatives that promote collaboration and knowledge sharing.

Meeting these renewal criteria is essential for Fellows who wish to continue their participation in the Acumen Fellowship. It ensures that the program maintains a high standard of excellence and that Fellows are actively engaged in driving social change.

Supervision Body 

The Acumen Fellowship is overseen by a dedicated team of experienced professionals who provide guidance and mentorship throughout the program. Fellows have access to a network of renowned experts, industry leaders, and fellow changemakers who serve as valuable resources and support systems.

Recognition of Merit

One of the most significant benefits of the Fellowship is the recognition it provides to individuals who have demonstrated exceptional merit in their respective fields. Being selected as an Acumen Fellow is a testament to the fellow’s commitment, skills, and potential to drive social change. This recognition not only boosts their confidence but also opens doors to new opportunities and collaborations.

Reduced Financial Burden

Pursuing higher education can be financially challenging for many individuals. The Fellowship aims to alleviate this burden by providing financial support to its fellows. This support can come in the form of scholarships, grants, or stipends, depending on the specific program and the fellow’s needs. By reducing the financial burden, the fellowship enables individuals to focus on their studies and personal growth without worrying about the costs associated with education.

Opportunity for Higher Education

The Fellowship offers fellows the opportunity to pursue higher education at renowned institutions. This can include access to scholarships for undergraduate or postgraduate studies, professional development programs, or specialized courses. By gaining access to quality education, fellows can further enhance their knowledge and skills, equipping them with the tools necessary to make a lasting impact in their chosen field.

Enhanced Career Prospects

Being an Acumen Fellow can significantly enhance one’s career prospects. The fellowship provides fellows with valuable networking opportunities, mentorship programs, and exposure to industry leaders and experts. These connections can lead to internships, job opportunities, or even collaborations on impactful projects. Additionally, the recognition and reputation associated with the Fellowship can make fellows stand out in the job market, giving them a competitive edge.

Encouragement for Excellence

The Fellowship not only recognizes merit but also encourages excellence in its fellows. Through various training programs, workshops, and seminars, fellows are provided with the necessary tools and guidance to excel in their respective fields. The fellowship fosters a culture of continuous learning, innovation, and collaboration, empowering fellows to push their boundaries and strive for excellence in their endeavors.

Access to Resources

Acumen Fellows gain access to a vast network of resources that can greatly support their social change initiatives. These resources can include funding opportunities, mentorship, access to research and data, and connections to organizations and communities working towards similar goals. The fellowship provides fellows with a platform to leverage these resources and create a meaningful impact in their communities.

Key Guidelines 

The key guidelines are as follows:- 

• Fellows are expected to commit to the full duration of the program and actively participate in all activities and assignments.
• Collaboration and knowledge sharing are encouraged among fellows, fostering a sense of community and collective learning.
• Fellows are encouraged to apply their learnings and insights to real-world projects and initiatives that have the potential to drive lasting social impact.
• The fellowship values diversity and seeks to create an inclusive environment that embraces individuals from various backgrounds, cultures, and perspectives.
• Fellows are expected to embody Acumen’s core values of integrity, humility, and respect in their interactions with fellow participants and the wider community.
• Confidentiality and respect for intellectual property are paramount, and fellows are expected to adhere to ethical guidelines throughout the program.
• Participants are encouraged to maintain an open mind and embrace new ideas and perspectives that challenge their existing beliefs and assumptions.
• Active engagement in self-reflection and personal growth is encouraged throughout the fellowship.
• Fellows are expected to demonstrate a commitment to ongoing learning and development beyond the duration of the program.
• Participants are encouraged to leverage the Acumen network and resources to amplify their impact and create meaningful change in their communities.

Important Instructions 

Some important instructions issued for applicants are as follows:- 

• Applicants should carefully review the eligibility criteria and ensure that they meet the requirements before submitting their applications.
• It is essential to provide accurate and up-to-date information in the application form.
• Applicants should prepare thoughtful and compelling responses to the essay questions, highlighting their experiences, achievements, and aspirations.
• Letters of recommendation should come from individuals who can provide insights into the applicant’s character, leadership potential, and commitment to social change.
• Applicants should allocate sufficient time to complete the application process, including any required assessments or interviews.
• Successful candidates will be notified via email or phone, and they will be required to confirm their acceptance within a specified timeframe.
• Accepted fellows will be required to sign a commitment letter outlining their responsibilities and obligations throughout the program.
• Participants should be prepared to dedicate approximately 10-15 hours per week to fellowship activities and assignments.
• Applicants should be aware that the fellowship is a highly intensive and demanding program, requiring a significant level of commitment and dedication.
• Applicants who are not selected for the fellowship are encouraged to explore other opportunities and resources available to support their social change efforts.

Benefits of Acumen Fellowship 2024

The benefits of this fellowship are as follows:-

• Access to a Global Network: Acumen Fellowship provides fellows with the opportunity to connect with a diverse network of social entrepreneurs, impact investors, and change-makers from around the world.
• Leadership Development: The fellowship offers a comprehensive leadership development program that includes workshops, trainings, and coaching sessions to enhance fellows’ leadership skills.
• Financial Support: Fellows receive a stipend to cover their living expenses during the fellowship period, allowing them to fully focus on their social impact projects.
• Mentorship: Each fellow is paired with a mentor who provides guidance, support, and industry insights throughout the fellowship journey.
• Access to Funding: Acumen Fellowship provides access to potential funding opportunities and helps fellows in securing financial resources for their social enterprises.
• Learning Opportunities: Fellows have access to various learning opportunities, including webinars, conferences, and workshops, to expand their knowledge and skills in social entrepreneurship.
• Peer Learning: Fellows get the chance to learn from and collaborate with other fellows, fostering a strong sense of community and peer support.
• Exposure and Visibility: Acumen Fellowship offers fellows a platform to showcase their work, gain exposure, and increase their visibility within the social impact sector.
• Access to Resources: Fellows have access to a wide range of resources, such as research reports, case studies, and toolkits, to support their social enterprises.
• Lifelong Membership: Acumen Fellowship provides fellows with lifelong membership to the Acumen community, allowing them to continue their journey as social change leaders even after the fellowship ends.

Features Of Acumen Fellowship 2024

The features of this fellowship are as follows:-

• Intensive Training: The fellowship program offers a rigorous and immersive training experience that equips fellows with the necessary skills and knowledge to drive social change.
• Field Visits: Fellows have the opportunity to embark on field visits to gain firsthand experience and insights into the communities they aim to serve.
• Project Implementation: The fellowship provides fellows with the platform and support to implement their social impact projects, turning their ideas into action.
• Collaborative Environment: Fellows become part of a collaborative environment where they can learn from and collaborate with like-minded individuals who share a passion for social entrepreneurship.
• Customized Learning Path: The fellowship program is designed to cater to the unique needs and goals of each fellow, offering a customized learning path tailored to their specific interests and challenges.
• Global Exposure: Acumen Fellowship offers fellows the opportunity to work on projects with a global scope, exposing them to different cultures, perspectives, and challenges.
• Access to Experts: Fellows have access to a network of experts and industry professionals who provide guidance and support in their respective fields.
• Impact Measurement: The fellowship emphasizes the importance of measuring and evaluating the impact of social enterprises, equipping fellows with the tools to assess their progress and effectiveness.
• Community Engagement: Fellows engage with local communities, building relationships and understanding the needs and aspirations of the people they aim to serve.
• Alumni Network: Upon completing the fellowship, fellows become part of an extensive alumni network, connecting them with past and future fellows for continued collaboration and support.

Acumen Fellowship Eligibility Criteria 

The applicants will need to follow the below-mentioned points to apply online for this fellowship:-

• Applicants must have a minimum of three years of work experience in their respective fields.
• Applicants must demonstrate a deep commitment to creating positive social impact and addressing social challenges.
• Applicants should have a track record of leadership and the ability to drive change within their communities.
• Applicants must be able to commit to a full-time fellowship program, which may require travel and fieldwork.
• Applicants must possess strong interpersonal and communication skills, as well as the ability to work collaboratively in diverse teams.
• Applicants should have a clear vision for their social impact project and the potential for scalability and sustainability.
• Applicants must be fluent in English, as the fellowship program is conducted in English.
• Applicants must be willing to actively participate in all aspects of the fellowship program, including workshops, trainings, and community engagement activities.
• Applicants must be open to learning and willing to challenge their assumptions and beliefs to foster personal and professional growth.
• Applicants must be citizens or residents of the countries where Acumen operates, as the fellowship program is region-specific.

Important Documents 

Some of the important documents required to apply online for this fellowship are as follows:-

• Aadhar Card
• Residence Certificate
• Income Certificate 
• Educational Certificates 
• Bank Account Details 
• Latest Passport Size Photos 
• Mobile No
• Email ID 

Acumen Fellowship Apply Online 2024

The applicants will need to follow the below-mentioned points to apply online:- 

• Visit the Acumen Fellowship Website.

• Click on the “Apply now” button on the homepage
• Sign up by entering your email ID and setting a password
• Complete the application form by entering your name, qualification, phone number, address, and other information
• Click on the “Save” button to save your details
• Create a profile by clicking on the “Get start” button
• Fill in all the required details and follow the steps to continue
• Click on the submit button to complete the application process.

Contact Information

In case queries and questions come to your mind regarding the Acumen Fellowship, then you may contact this aforementioned office address, contact no and email ID:-

• Office Address:-
  • Acumen, 203 Dheeraj Plaza,
  • Hill Road,
  • Bandra West,
  • Mumbai, 400050, India
• Contact No:- +91 (22) 6740-1500
• Email ID:- indiafellows@acumen.org