In 2013, only 19% of U.S. angel investors were women and only 4% were minorities, according to the Center for Venture Research at the University of New Hampshire.
Pipeline Fellowship, an angel investing bootcamp for women, works to increase diversity in the U.S. angel investing community and creates capital for women social entrepreneurs.
Since its April 2011 launch, Pipeline Fellowship’s angel investing bootcamp has trained over eighty women, who have committed more than US$400K in investment, and has expanded from New York City to Atlanta, Austin, Boston, Chicago, Los Angeles, Miami, San Francisco, Seattle, and Washington, D.C..
Pipeline Fellowship alumnae have continued to invest in startups, joined later stage angel networks, and created their own angel groups, unleashing capital beyond the Pipeline Fellowship investment commitment. For most Pipeline Fellows, this is their first angel investment. They are attracted by the program’s three components (education, mentoring, practice) and benefit from the diversity of each cohort. Pipeline Fellows are intergenerational (ranging from late twenties to 60+) and come from a variety of professional backgrounds.
Pipeline Fellowship’s three main criteria are:
- Meeting one of the accredited investor definitions
(i.e., US$200K in income or US$300K joint income with spouse for the past two years, or US$1M net worth)
- Interest in group learning model
- Passion for social entrepreneurship
Pipeline Fellowship is a six-month angel investing bootcamp and the time commitment is approximately two full days per month during the six months.
The Pipeline Fellowship program fee is US$4.5k. Each Pipeline Fellow also commits to invest US$5k in the same woman-led for-profit social venture at the end of the program.
Applications for the fall 2014 programs in Atlanta, Austin, LA, Miami, Seattle, and SF are being reviewed on a rolling basis. Candidates are encouraged to apply by Monday, June 30, 2014.