The Social Innovation Fellowship (SIF) provides $110,000-$150,000 in funding, advising, and support to fellows who want to start a nonprofit venture to address a pressing social or environmental need during the year after graduation.
Since 2009, SIF has supported fellows to work around the world on issues ranging from the education gap to economic development. Past fellows have applied their business management knowledge to innovate new solutions, overcome barriers to social and environmental progress, and reach marginalized populations.
The application and selection process for the Social Innovation Fellowship occurs each spring and the fellowship takes place in the year after graduation.
The fellowship includes:
Graduating GSB students (MBA and MSx) in good academic standing are eligible to apply. Individuals or teams of two are eligible to apply. The team may consist of:
The proposed social venture must be a stand-alone operation independent of existing organizations and must either give rise to a new nonprofit organization to be incorporated within the next two years, or have been incorporated as a nonprofit during the applicant’s time at the GSB.
The fellowship is designed to support emerging social entrepreneurs to test, implement and iterate on their venture ideas. We look for aspiring leaders who understand their position in the broader system, are deeply committed to making the world a better place, and can inspire others to serve their mission. We consider each candidate’s ability to keep an eye on the end goal, take input without giving up, attract resources to the cause, and reach outside the organization to develop partnerships and system-wide solutions.
In the selection process, we evaluate each proposed venture for clarity of mission, potential to address a market failure and/or meet the needs of underserved populations, viability of the business model, and potential for impact through scale or replication.
The panel of judges includes Stanford GSB faculty, nonprofit leaders, and executives in the venture capital, social innovation, and philanthropic fields.