
Alterna Impact Fellowship
Empowering social entrepreneurs in Central America.

Empowering social entrepreneurs in Central America.
Alterna is a non-governmental organization founded in 2010 in Quetzaltenango (Xela), Guatemala, committed to developing the next generation of social entrepreneurs in Guatemala and the broader Central American region. The organization's work spans three mutually reinforcing areas: cultivating local social entrepreneurs, incubating social ventures, and fostering the social entrepreneurship ecosystem. Since its founding, Alterna has supported 180+ entrepreneurs across six Central American countries.
The Alterna Impact Fellowship is a 4-to-6-month, full-time, unpaid immersive experience connecting professionals with social entrepreneurs and impact leaders in Latin America and the Caribbean. The program is designed for individuals seeking meaningful professional experience and personal growth through impactful work. Fellows participate in projects that generate concrete and sustainable results within the social impact ecosystem, working hands-on with the entrepreneurs and ventures that Alterna supports.
Alterna also coordinates FLII (Foro Latinoamericano de Inversión de Impacto), the principal impact investing conference for Latin America, and fellows may have exposure to this network. The organization has attracted investment and support from major impact investing platforms and has been recognized as a model for locally-driven entrepreneurship development in emerging markets.
The minimum fellowship duration of four months ensures a meaningful learning curve and proper integration into the work. Fellows contribute to real projects with measurable outcomes rather than observational rotations.
The Alterna Impact Fellowship aims to connect professionals with social entrepreneurs in Latin America, fostering social entrepreneurship and impact investing. The program addresses the need for skilled individuals to support the development of social ventures in the region, ensuring sustainable outcomes and community impact.
Applicants should demonstrate a strong interest in social entrepreneurship and impact investing, along with relevant professional experience. Highlighting previous work in similar fields can strengthen the application.
Candidates must have a bachelor's degree (MBA or MA preferred) and 4-5 years of professional experience in finance, business development, social impact, or related fields. Full-time availability for 4-6 months is required.
The fellowship is currently not accepting applications. Historical posts indicate that interested candidates could apply through the program's website.
Fellows gain hands-on experience in social entrepreneurship, access to a network of impact investors, and the opportunity to contribute to real projects with measurable outcomes.
The fellowship lasts for a minimum of four months, ensuring a meaningful learning curve and proper integration into the work.
Specific fellowship alumni outcomes are not publicly disclosed. However, Alterna's broader impact includes supporting 180+ entrepreneurs across six Central American countries and coordinating FLII, Latin America's principal impact investing conference.
Who can apply, how people get in and whether it is open right now.
Programs pick people whose work they can already point to. Put yours where it can be found.
The program has not published how to apply. Terms and dates change. Check the official page before you act.
The fellowship is unpaid. Fellows receive social enterprise immersion in Latin America, hands-on impact work with 180+ entrepreneurs, FLII conference network access, professional growth in impact investing, and experience in the Central American social enterprise ecosystem.
The fellowship lasts for 4 to 6 months.
No, the fellowship is unpaid.
The fellowship is based in Quetzaltenango, Guatemala.

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Alterna's 2018 Cultivation Market Fellow brief required at least eight months for the cohort starting August 6, 2018.
Source: Alterna Cultivation Market FellowThe application form viewed October 2, 2026 includes motivation and impact questions plus a résumé field.
Source: Alterna Fellowship Program, official careers listingOn October 2, 2026, Alterna's careers portal displayed English and Spanish fellowship listings under current opportunities.
Source: Oportunidades de trabajo en AlternaAlterna directs applicants to the program description and application form in its careers portal.
Source: Alterna Impact FellowshipAlterna highlights 2022 fellow Cristina Renedo as an example of progression to its Strategy and Impact Manager role.
Source: Alterna Impact FellowshipAlterna reports 167 fellows from 29 countries across a 14-year period; the page gives no reporting cutoff.
Source: Alterna Impact FellowshipSuperscout Pro
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