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Overview

The PledgeLA Venture Capital Fellowship prepares outstanding current and recent graduate students from underrepresented backgrounds for competitive careers in venture capital investing. Hosted by the Annenberg Foundation and the Office of Mayor Eric Garcetti, PledgeLA is a coalition of technology companies and venture capital firms committed to measurably increasing diversity, equity, and community engagement across Los Angeles' innovation ecosystem. The program combines intensive venture capital training with paid full-time internship placement at leading LA-based VC firms and accelerators, creating a structured pathway from education to professional opportunity.

Investment focus

PledgeLA aims to increase diversity in venture capital by preparing underrepresented students for careers in the industry. The fellowship addresses systemic barriers to entry and expands access to opportunities in venture capital.

Program details

Applicants should highlight their passion for venture capital and demonstrate how their unique backgrounds contribute to the diversity of the program.

Who it is for

Target candidates include rising sophomores through recent graduates, current graduate students, and individuals from underrepresented communities such as women, people of color, LGBTQIA individuals, and first-generation college students.

Check if you are eligible

Check your eligibility for PledgeLA VC Fellowship

Admissions and application

Applicants must have completed at least one year of college, be legally authorized to work in the United States, and demonstrate interest in venture capital. No prior VC experience is required.

Benefits

Participants gain access to a comprehensive VC curriculum, mentorship from VC partners, and a structured internship experience at leading VC firms.

Timeline

The program consists of two phases: an intensive training period from February to May 2026, followed by a paid summer internship from June 8 to August 14, 2026.

What came of it

Fellows typically transition to roles as venture capital analysts, startup positions, or pursue further education in business, leveraging their network and connections within the LA ecosystem.

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

Participants receive a $10,000 stipend for the 10-week summer internship. No additional housing or transportation assistance is provided.

Questions about this program

What is the application process?

Applications are open until the priority deadline of December 7, 2025, and the final deadline of January 4, 2026.

Is prior VC experience required?

No, prior VC experience is not required.

Lists that include this program

From public sources

What the sources say about PledgeLA VC Fellowship

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