NEX Cubed HBCUVC Venture Scouting Program
Scout Program
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NEX Cubed HBCUVC Venture Scouting Program
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Scout Program
NEX Cubed, in partnership with HBCUvc, has launched the HBCUVC Venture Scouting Program to increase diversity in venture capital. This innovative scout program focuses on training Black venture investors while building a sourcing pipeline of HBCU-connected founders. Participants will gain hands-on experience in venture capital, including due diligence, investment evaluation, and direct engagement with real investment decisions. The program aims to create a diverse investor perspective and address the systemic underrepresentation of Black founders in the venture ecosystem.
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🌍 Meet other scouts globally.
👀 Get first dibs on new scout programs and VC openings.
✨ Get feedback and investor recommendations for your deal memos.
✌️ Learn and grow together as a community!
The NEX Cubed HBCUVC Venture Scouting Program aims to address the underrepresentation of Black founders and investors in the venture capital ecosystem. By training HBCU-connected individuals in venture capital, the program seeks to create a diverse pipeline of investors and founders, ultimately leading to increased funding for Black-led startups.
The program is open to HBCUvc fellows, alumni, and HBCU students interested in venture capital. Interested individuals can apply through the program's application link.
Scouts in the program receive a percentage of carry, which is a profit share directly tied to the deals they source and the companies they identify. This structure aligns their incentives with the performance of the fund, creating financial upside opportunities.
There is no cost to participate in the program.
The program launched in October 2023, with ongoing opportunities for new cohorts to join.
The program requires a part-time commitment from participants, allowing them to balance other responsibilities while gaining valuable experience.
The program operates in a hybrid format, allowing for both in-person and remote participation.
The program has been featured in various media outlets, including TechCrunch and AfroTech, highlighting its mission to boost diversity in venture capital.
Applicants should demonstrate a commitment to diversity in venture capital and a willingness to learn and engage with the venture ecosystem.
Q: Who can apply for the program? A: The program is open to HBCUvc fellows, alumni, and HBCU students interested in venture capital. Q: What kind of training will participants receive? A: Participants will receive training in due diligence, investment memo drafting, company evaluation, and more.
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