Climate Investment
Fellows Program
Empower a better future with us
Winter 2023 Fellowship Program - Applications are Open
Program description
Vectors Capital is looking for its next cohort of Venture Fellows to join our teams and support investments in startups solving challenges in climate change. This program is designed to give participants investing experience from the perspective of impact and global change, familiarity with VC-level due diligence processes and an opportunity to develop skills at the vector of sustainability and finance.
We are looking for angel investors, professionals, accomplished students (Ph.D., MBA, computer science or law) to work under the mentorship of seasoned VCs on deal due diligence, finance, operations, and fundraising. However, you will work as a team and you have the opportunity to work across responsibilities and collaborate with each other to deliver investments. The next cohort will focus highly on climate tech. If you have a background in energy, mobility, agriculture, heavy industry, buildings or other related areas, it is a big plus.
Prepare to work as a team - we make investment decisions together.
The Vectors Fellowship Program is part-time with an estimated 10 hours per week of engagement.
Fellowship Term
January 24 – May 26, 2023
Primary Expectations
Two weekly meetings (Mondays and Tuesdays at 8 pm ET/5 pm PT)
Depending on the focus you choose, deliver your expected responsibilities
Source promising startup companies
Weekly deal updates, reading assignments and discussion
Conduct technical/business due diligence of startups
Conduct research and analysis on markets
Reach out to potential collaborators for the companies
Other items if needed
Engage with potential investors
This is an unpaid yet rewarding experience. Opportunity for extending the program duration is possible upon successful completion.
Required Education & Experience
The fellowship is designed for candidates with alignment in sustainability and impact investing
During your application, please indicate your preferred primary focus areas (Hardware, Biotechnology, Climate Generalist, Operations)
Advanced degree is highly recommended. If you want to look into deeptech with a focus on deal due diligence, a Ph.D. in relevant areas is required.
Potential Responsibilities
Deal sourcing and due diligence
Deal sourcing and diligence lay at the heart of venture capital. Fellows will support the full lifecycle of Vectors' investment work from origination to close, including technical and business diligence, analysis of emerging technologies, market trends, and regulations, and present investment memos
Operations
In a VC fund, operations are essential to moving fast. Communication, efficient processes, and conviction are crucial to the success of the fund and its portfolio companies. Operations include event planning and organization, marketing, fund management and administration, reporting, community engagement, news articles, and more. All fellows may be asked to support any operations duties that are required.
Finance
Even though early-stage investment has less to do with financial modeling, Venture Fellows should be financially savvy to understand the markets at large, compare public companies, merger and acquisition data, and valuation models to have a better understanding of exit multiples at different stages.
Fundraising
We expect you to come in with existing family offices and other potential LP relations that you can convert to invest with us, or be willing to learn and engage in fundraising. You also have the capabilities or resources to reach out to more investors to add to our network.
Program Location
Remote
Application Instructions
The Vectors Fellowship program is a very selective process. Please use the application to indicate your background, expertise, passion, and career path, and to which team you are applying to. Your role will be allocated based on your qualifications and personal interests in certain areas.
The application will take roughly 5-10 hours to complete. A valid submission requires three attachments.
Resume
Cover letter (Directions provided in the application)
Your primary focus interests (Can choose more than one)
Vectors Capital is a group of impact-focused investors searching for the best seed and pre-seed stage startups that can deliver both impact and financial return.