Applications are invited for one year Shuttleworth fellowship program available for international fellows. The co-investment project funding is the most unique part of the Fellowship Program, as Fellows are rewarded for investing in their own ideas. An amount of $245,000 is set aside per Fellow per year as potential project funding. This funding is unlocked through a light weight project pitch process and the Foundation tops up the Fellow’s own investment by adding at least 10 times as much funding from their project funding pool. Imagine the cost of a Fellow’s time for the year is agreed at $1000. As the fellowship year progresses, the Fellow realises that it would be beneficial to spend $100 in order to advance their idea. The Fellow then takes $900 home for the cost of her time and reinvests $100 back into the implementation of her idea, while the Foundation contributes at least another $1000, giving her a project budget of $1100.
Read more: Shuttleworth Fellowship for International Fellows, 2016 Scholarship Positions 2015 2016
http://scholarship-positions.com
Read more: Shuttleworth Fellowship for International Fellows, 2016 Scholarship Positions 2015 2016
http://scholarship-positions.com
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