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Overview

The 101 Fellowship is a free, remote, 10-to-12-week program that places aspiring venture capitalists inside real VC funds for hands-on experience while delivering a structured curriculum covering the full venture capital toolkit. Launched in the summer of 2020 by Go Beyond Capital during the COVID-19 pandemic, the program emerged when students worldwide were struggling to find internships and the founding team was building momentum for its own fundraise.

What began as a single internship opportunity quickly expanded into a formalized program. The first cohort attracted an unexpectedly high volume of quality applications, prompting the organizers to scale from one intern to six fellows drawn from Finland, Poland, Estonia, and multiple U.S. cities. The program was co-founded in partnership with Bragiel Brothers (USA). The core motivation was accessibility: while VC educational content is widely available online, actual fund-level experience remains difficult to access, particularly for diverse applicants, people outside major financial hubs, and those uncertain about committing to the industry long-term.

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Fellows commit 10-20 hours per week and are embedded directly within a participating VC fund. Practical work includes deal flow expansion, company evaluation, process building, report creation, and fundraising assistance, with tasks tailored to each fellow's strengths and the fund's needs. In parallel, weekly one-hour group sessions unite all fellows for presentations and discussions led by experienced investors. The curriculum covers LP outreach and deck building, fund establishment and legal structures, fund strategy and thesis development, fund economics and returns modeling, pipeline building, due diligence and contracting, and portfolio company value-add.

The application process runs each spring for the fall cohort (the 2025 cohort has an August 15 deadline for a September start). Selection involves three steps: a brief online application, a practical task simulating a sourcing or screening exercise, and a 30-minute interview with the organizing team. The organizers then make placement recommendations to participating funds. Former applicants are encouraged to reapply in future cohorts.

The fellowship is explicitly designed to welcome applicants from non-traditional backgrounds. It does not restrict eligibility to students or recent graduates, and has been positioned as a pipeline for underrepresented groups seeking to enter venture capital.

Investment focus

The 101 Fellowship aims to make venture capital more accessible, particularly for diverse applicants and those outside major financial hubs. It provides practical experience and education to aspiring venture capitalists.

Program details

Applicants should demonstrate curiosity, written clarity, and the ability to commit 10-20 hours per week.

Who it is for

Open to young and ambitious individuals from any background who are curious about venture capital. The program does not require prior VC experience, a specific degree, or geographic proximity to a financial hub.

Check if you are eligible

Check your eligibility for 101 Fellowship Program

Admissions and application

The application process runs each spring for the fall cohort. Selection involves a brief online application, a practical task simulating a sourcing or screening exercise, and a 30-minute interview with the organizing team.

Benefits

Fellows gain hands-on experience, mentorship from fund partners, and exposure to the daily workflows of venture capital, from sourcing to due diligence to portfolio support.

Timeline

The program lasts 10-12 weeks, with a cohort typically starting in September and running through November.

What came of it

More than 150 alumni have completed the fellowship, with many transitioning to roles in venture capital or founding their own startups.

How to go about it

  1. Read what it asks for

    Who can apply, how people get in and whether it is open right now.

  2. Have something to show

    Programs pick people whose work they can already point to. Put yours where it can be found.

  3. Apply the way the program asks

    The program has not published how to apply. Terms and dates change. Check the official page before you act.

What it pays

The fellowship is unpaid. Fellows receive hands-on experience working inside a real VC fund, a structured curriculum covering end-to-end fund operations, direct mentorship from fund partners, and access to a network of 150+ alumni.

Questions about this program

Who can apply?

Young individuals from any background curious about venture capital.

Is there a cost?

No, the program is free.

About GoBeyond Capital

GoBeyond Capital

Fund Of Funds

Investing in impact-driven European startups.

Lists that include this program

From public sources

What the sources say about 101 Fellowship Program

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