Fellowship
Illinois Ventures, founded in 2000, is the University of Illinois system's early-stage investor for university-connected startups. The Edward L. McMillan Venture Fellowship recognizes entrepreneurial leadership and commitment to Illinois values. Fellows work directly on due diligence, portfolio management support, and financial modeling for potential investments. Illinois Ventures has made over 125 investments and helped portfolio companies raise over $2.7 billion in outside capital.
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Illinois Ventures Fellowship aims to cultivate the next generation of venture capital leaders by providing students with hands-on experience in evaluating and supporting early-stage startups. The program focuses on aligning entrepreneurial efforts with the values of the University of Illinois, fostering a strong commitment to innovation and community.
Eligibility is open to UIUC students who demonstrate leadership in academic, extracurricular, or community activities, have coursework or experience in venture capital or entrepreneurship, and show a strong alignment with University of Illinois values.
The fellowship appears to be a paid position, though specific compensation details are not specified.
Cost details are not specified, but the fellowship appears to be a paid position.
The duration of the fellowship varies; for example, the McMillan Fellowship runs from February 2024 to May 2025.
The fellowship is designed to be a part-time commitment for students.
The fellowship requires in-person participation at the University of Illinois Urbana-Champaign.
The program has been featured through University of Illinois communications and entrepreneurship program materials.
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