The process

You belong here

We’re recruiting four motivated people to co-build businesses with us that help address the excess costs of poverty. We’re looking for people (you?) that believe if given the time, the money, and the audience, they can channel their lived experiences, ideas, and talents into positive impact.

To apply follow these steps If you have any questions or problems, check out our FAQ, or email us at help@ideas42ventures.com.

  1. Download our application questionnaire as a

    Word Doc or Google Doc

    They’re the same, so use the format that works best for you

  2. Complete the questionnaire and save it as a PDF
  3. Attach the questionnaire to our online application system at: tinyurl.com/VSPentrepreneur

# The application process

We have designed our process to give you the opportunity to share your story, what motivates you, and why you would be a great fit for the Venture Studio.

# Timeline

  • Applications Sep 30 - Oct 25
  • Case Studies Nov 6 - Nov 15
  • Interviews round 1 Dec 7 - Dec 18
  • Interviews round 2 Jan 4 - Jan 8
  • Offers Mid January. We don’t have an exact date for when we’ll send offers. It will depend on the previous phases.

Learn more about the ideas42 Venture Studio and our business building program at one of the following open ended conference calls.

# What we are looking for

There is no specific set of skills or experiences that we are looking for. Perhaps you have a strong track record of work on a particular social problem, or you have specific technical, design, or business skills that are relevant to the problems you want to work on -- if so, great! That said, we are looking for people who have several key traits.

  • You are resourceful: able to inspire others to work for, fund, and contribute to their eventual company.
  • You are gritty: able to stick with the challenges of starting a business, especially when it is hard.
  • You are empathetic: able to understand the perspectives of others and interrogate their own perspectives.
  • You have high acceleration: able to start solving a problem with something small and grow it quickly.
  • You are creative: able to think of novel solutions to complex problems.

There are many ways to demonstrate these traits: through work and professional experience, through volunteering, or through other personal experiences. We care about what you’ve done in the past, but we care more about what you can do in the future. We look forward to hearing your story and getting to know you.

# The importance of lived experience

Beyond the above traits, we believe that having a direct, personal connection to the challenges we are looking to solve will help founders build stronger, more impactful businesses, and will sustain your passion through the inevitable ups and downs of starting a business. We refer to this as lived experience. In the context of our challenge to improve the financial health and well-being of low and moderate income people in America, lived experience might be the knowledge of our broken healthcare system that you have from spending hours on the phone with an insurance company. Or maybe it’s what you know about the challenges of unpredictable shift scheduling from juggling multiple part-time jobs. We believe that this kind of experience is extremely valuable in building social impact businesses.