Camelback Ventures is a New Orleans-based organization that aims to address the inequities of entrepreneurship by providing coaching, capital, and connections to underrepresented entrepreneurs.
The organization is seeking applicants for its Camelback Fellowship, a six month program that serves as a pre-accelerator for participating ventures. “Our aim is to provide the equivalent of a friends and family round in combination with a tight-knit community and knowledge.”
Underrepresented entrepreneurs, primarily people of color and women, education and social impact ventures, such as nonprofits, for-profits, hybrids, and schools, and any venture based in an American city are encouraged to apply by Wednesday, January 25.
Camelback Ventures expects 200 applicants that will then be narrowed down to approximately 80 semi-finalists in February. From those semi-finalists, 35 finalists will emerge and 12 fellows will be selected.
“Fellows have a dedicated venture coach who meets with them 1:1 regularly over the course of the program to provide expert advice and thought partnership. Ventures receive up to $40,000 in investment; nonprofits and schools receive this as a grant, and for-profits and hybrids receive this as a convertible note.”
To learn more and apply, visit camelbackventures.org.