
ICM Mosaic Fellowship Program
Cultivating diverse professionals in impact investing through immersive summer placements.

Cultivating diverse professionals in impact investing through immersive summer placements.
The Mosaic Fellowship is Impact Capital Managers' flagship talent and leadership development initiative designed to cultivate skilled, diverse professionals in the impact investment industry. The program places high-performing graduate students as summer associates at ICM member funds—leading private capital funds investing for impact and superior returns. Participants gain hands-on experience, mentorship, and a pathway to careers in impact investing.
The ICM Mosaic Fellowship aims to bridge the gap in the impact investing sector by providing diverse graduate students with practical experience and mentorship at leading impact funds. The program addresses the need for skilled professionals who are committed to making a positive impact through investment.
Applicants should demonstrate a strong commitment to impact investing and highlight any relevant experience or skills in their applications. Networking with alumni and current fellows can provide valuable insights.
Applicants must be enrolled in a graduate degree program at the time of application. The program encourages applications from underrepresented minorities, women, first-generation professionals, and those from non-traditional career paths.
Applications are open to graduate students, particularly targeting MBA candidates and those with some familiarity with quantitative analysis. The application process includes a deadline for submission and a selection process based on qualifications and diversity.
Participants receive a stipend, intensive training in impact investing, mentorship from industry leaders, and access to a network of alumni and professionals in the impact ecosystem.
The program runs annually during the summer, with a 10-week placement period from June to August. Orientation takes place in New York City prior to the fellowship.
Alumni of the program have successfully transitioned into full-time roles at impact funds, angel investing, and leadership positions in nonprofits and social enterprises. Participants report increased clarity on their career paths and expanded professional networks.
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.
Participants receive a stipend of $20,000 for the 10-week summer fellowship, which typically covers housing and living expenses during the program.
The fellowship lasts for 10 weeks during the summer.
Yes, participants receive a stipend of $20,000 for the duration of the fellowship.

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ICM's 2026 FAQ offers networking events and career-path guidance.
Source: Mosaic Fellowship FAQICM's 2026 FAQ advertises weekly Friday peer check-ins.
Source: Mosaic Fellowship FAQICM offers mentor matching with another member fund.
Source: Mosaic Fellowship - Impact Capital ManagersICM says its staff provides alumni with career support.
Source: Mosaic Fellowship - Impact Capital ManagersICM describes member-fund-led classes on impact management, financial modeling and career development.
Source: Mosaic Fellowship - Impact Capital ManagersICM advertises in-person orientation in New York City.
Source: Mosaic Fellowship - Impact Capital ManagersSuperscout Pro
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