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Overview

The Gaingels Scholarship is a need-based financial aid program established in 2020 by Gaingels, a prominent LGBTQIA+ venture capital investment firm. The program supports LGBTQIA+ and underrepresented students pursuing higher education in the United States. It combines financial support with mentorship and professional development opportunities to create a comprehensive pathway into the startup and venture ecosystem.

Investment focus

The Gaingels Scholarship aims to increase diversity in the venture capital industry by supporting LGBTQIA+ and underrepresented students. It seeks to empower these individuals economically and build the next generation of diverse founders and investors, creating pathways from education to startup careers.

Program details

Applicants are encouraged to demonstrate their financial need clearly and highlight their commitment to their education and future career in the startup ecosystem.

Who it is for

Applicants must be LGBTQIA+ or from an underrepresented background, attend or plan to attend a U.S. educational institution, and demonstrate financial need. Priority is given to students at public/state institutions.

Check if you are eligible

Check your eligibility for Gaingels Scholarship

Admissions and application

The scholarship operates on an annual cycle with rolling applications. Interested students should check Gaingels' website for current application deadlines and requirements.

Benefits

In addition to financial support, scholarship recipients are paired with mentors from the Gaingels network, providing guidance and exposure to the venture capital and startup industry. Recipients also have access to internship opportunities with Gaingels and its portfolio companies.

Timeline

The scholarship operates annually, with applications accepted on a rolling basis. Specific deadlines can be found on the Gaingels website.

What came of it

Gaingels reports issuing 99 scholarships from 2020 through 2023, totaling $495,000 in awards over that period. [57829, 57830]

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

Each scholarship recipient receives $5,000 to support their educational expenses. This financial aid is designed to supplement other financial aid sources.

Questions about this program

Who is eligible for the Gaingels Scholarship?

LGBTQIA+ students and underrepresented students attending U.S. educational institutions with demonstrated financial need are eligible.

How much is the scholarship?

Each recipient receives $5,000.

About Gaingels

Gaingels

Empowering LGBTQ+ founders and executives.

Other programs by Gaingels

Gaingels Scout Program logoScout Program

Gaingels

Empowering diverse voices in venture capital through community-driven deal sourcing.

Location
New York, New York, United States
Format
Hybrid

From public sources

What the sources say about Gaingels Scholarship

Meng Impact Investment Fund logoOther

Yale School of Management

Empowering Yale students to invest in impactful ventures.

Location
New Haven, Connecticut, United States
Format
In Person

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