Remote and part‑time fellowships that let you keep your day job while learning how to source, diligence, and back start‑ups
You love dissecting term sheets but cannot drop everything for a summer internship in Sand Hill Road. Remote and part‑time VC fellowships exist for exactly this situation. They compress a junior‑analyst apprenticeship into evening workshops and weekend sprints, layer in peer coaching, and—best of all—let you stay in your current city, lab, or startup role. Below is a field guide to what these programs expect, how to know whether one fits your life, and where to apply next.
Why funds offer flex‑time tracks
Deal flow no office could cover. When AI founders in Lagos, Helsinki, and Salt Lake City are pitching the same week, distributed fellows widen a fund’s aperture without new leases.
Technical depth on tap. A software PM can moonlight as a scout for SaaS, while a PhD fellow handles oncology diligence—expertise a lean partnership cannot staff full‑time.
Proof for LPs. Limited partners now ask managers how they reach under‑represented talent. A documented, global fellowship is a concrete answer.
Nucleate Venture Fellowship – Six months, eight hours a week, US $5 000 stipend, fully remote. Fellows screen biotech spin‑outs for Berkeley’s Life Science Entrepreneurship Center and Nucleate’s Activator pipeline .
On Deck Angel & Investor Fellowships – Eight‑week online cohorts for operators who want to start writing checks; sessions run in US evenings to suit global time zones .
Future VC 12‑Month Fellowship – Newly launched remote option pairs monthly masterclasses with part‑time projects at European and US funds; fellows keep their day jobs and receive a stipend .
Included VC Fellowship – Five‑month, fully virtual and fully funded programme aimed at people from overlooked backgrounds worldwide; alumni report landing VC roles within a year .
Colorwave Fellowship – Nine‑week virtual sprint that meets on weekday evenings, teaches venture basics, and funnels graduates toward operating and investing jobs at high‑growth companies .
Dream VC Investor Accelerator – Four‑month online programme timed for African and European evenings; fellows commit 10‑15 hours a week and finish with a simulated fund and cap‑table models .
Black Venture Institute (BLCK VC) – Two‑week, remote Berkeley‑taught course for Black operators. Curriculum spans sourcing, term‑sheet negotiation, and portfolio support, scheduled after work hours .
VC University ONLINE (Berkeley Law + NVCA) – Ten‑week, self‑paced video modules plus live virtual office hours; perfect if you want fundamentals without fixed meeting times .
Application funnels are short but intense—culture chat, written memo, partner debate—and acceptance rates hover near three percent. Draft your bio, thesis paragraph, and reference list before portals open.
A typical cadence looks like this:
Program Slack or Discord channels stay busy all week with job leads and diligence asks. Expect to spend 8–12 hours weekly; shortcuts show fast.
Ask yourself:
If the answers align, bundle a 100‑word bio with quantified wins, a one‑page sector thesis that uses a proprietary data point, a simple Google‑Sheets cap‑table, and two founders prepared to vouch for your responsiveness. Treat the application itself as your first investment memo—tight writing and clear numbers prove you already think like an investor.
Remember: local intuition is not a footnote. A fellow embedded in Reykjavík’s climate‑tech scene or a scout fluent in Nairobi’s mobile‑money rails offers nuance no Sand Hill Road boardroom can fake. Lean into that context, commit to the workload, and you will exit these programs speaking the language partners and limited partners respect—valuation discipline, risk ladders, and founder support—while bringing insight headquarters rarely sees first.
It started as First Round Capital’s experiment. After all, founder Josh Kopelman had started his first company, Infonautics, while he was a student at the University of Pennsylvania. Partner Hayley Barna had started Birchbox while still at Harvard Business School.
If you are an African graduate, professional and entrepreneur trying to get into venture capital, here are five African VC fellowships you should consider joining.
Sifted found nine such programmes founded in Europe. They range from a few days to a few weeks, from free to thousands of euros.
Dorm Room Fund, a venture capital operation that launched to invest in student-led startups, has raised a new $10.4 million fund, per SEC filings. The filing marks Dorm Room Fund’s largest fund to date, and its first that appears to include investors beyond First Round Capital, the firm that first launched the student-focused operation in 2012.
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