Venture for America is on the move: to Miami.
The national nonprofit recruits top-caliber recent grads and sends them to startups looking for talent. VFA focuses on communities with promising companies and a low cost of living - ideal places for a young person to launch a career while creating value for a growing company.
“Our mission is to revitalize American cities via entrepreneurship. We want to see more of our best and brightest building things,” said Elisabeth Deogracias, VFA’s corporate development manager. “We’ve designed an efficient and effective process.”
VFA believes one of the best ways to accelerate the path to entrepreneurship for young graduates is through apprenticeship. VFA offers training, mentorship and access to capital, she said.
Fellows who are accepted are part of a two-year fellowship that starts with a five-week bootcamp n the summer. Each is hired as a full-time employee by a startup in one of the VFA cities for $38,000 a year plus benefits for two years and heads to the job in August. VFA is now readying its 3rd class of Fellows to join promising companies in 2014.
“We were inspired by the work of the Knight Foundation and overwhelmed by the momentum of the community in Miami. We spent some time with startups at The LAB Miami and what we heard is that access to talent is a barrier to growth for many of these companies. We are a pipeline of vetted talent,” said Deogracias.
The companies that will draw the Fellows will be vetted also, she said. VFA is looking for high-growth companies with strong leadership and an enticing role for a Fellow.
To that end, VFA is holding a meetup next Thursday and invites Miami startups looking to grow their teams to learn more about the VFA. The details:
Venture for America at The LAB Miami
When: 6:30pm, Thursday, April 10
Where: 400 NW 26th Str.
VFA was founded in 2011, and its first two classes of fellows are already at work in New Orleans, Las Vegas, Providence, Detroit, Cincinnati, Baltimore, Philadelphia and Cleveland. In 2014, it’s adding Kansas City, St. Louis, Columbus, Ohio, and San Antonio, in addition to Miami.
Posted April 4, 2014