Future VC was established to support talented individuals from backgrounds that are currently underrepresented in venture capital, to help them learn about and work in VC, and in doing so improve the inclusiveness of the industry. Future VC was launched in 2018 in partnership with Diversity VC.

In 2024 we will launch a 12-month-long programme which will provide 2 x 6-month back-to-back placements. This is the first year we will be running this programme and will intentionally keep it small.

When?

The placements will begin between April and May 2023 and will run for 12 months.

Where?

We intend that the programme will be office-based, but there may be a possibility for some of your work to be remote. This will be determined on a case-by-case basis depending on the VC Fund you join.

Which funds will take Future VC candidates?

Over the past 5 years, our participating funds have included some of the world’s top VC funds. More information about participating funds is available on www.futurevc.com and we’ll also be making some announcements over the next few weeks and months.

Preparing for a career in VC in several ways

Future VC’s programmes are designed to upskill each of our participants in areas vital for accessing/starting a career in Venture Capital, key components include:

• Masterclasses offering deep dives into key topics such as financial modelling, transaction economics, fund mechanics and impact investing from some of the most respected investors around the world. The masterclasses will begin in February and require you to spend 2-3 hours a week watching live sessions. We believe this will help everyone going into an internship later in the year have an excellent foundational understanding of Venture Capital.

• 1:1 Mentoring delivered by those working in VC

• Peer-to-Peer Learning, you will have opportunities to interact with others participating in Future VC programmes and have access to alumni

• Access to jobs and paid work opportunities

• Developing soft skills such as networking, preparing for the recruitment process and starting a career in VC

Will I be paid & how much?

These are fully paid, 12-month long placements. Funds participating in the Future VC programme have committed to paying an industry-benchmarked salary.

Should I apply?

The 12-month programme will take on talented participants from underrepresented groups in VC - see research from Diversity VC. You will spend 6 months with two separate funds, in back-to-back internships.

If you are interested in a career in Venture capital and believe some of the traits below describe you, then we hope you will apply:

• Curious: Venture capital is all about exploring new ideas, trends, and potential investments. A curious mindset leads to uncovering unique opportunities and understanding emerging markets or technologies.

• Detail-oriented: Precision is key in assessing the potential of startups and in deal-making. Paying attention to the smallest details can mean the difference between a successful investment and a missed opportunity.

• Focused, Driven, and Passionate: These traits are crucial for navigating the competitive and fast-paced environment of VC. A strong drive and passion for innovation keep venture capitalists motivated and focused on their goals.

• Initiative and Self-discipline: In VC, you often work independently, scouting for potential investments and making decisions. The ability to operate without constant oversight is crucial.

• Able to Develop and Maintain Relationships: Building a network of entrepreneurs, co-investors, and other stakeholders is a significant part of the job. Authentic relationships foster trust and open up more opportunities.

• Emotional Intelligence, Empathy, and Skill in Assessing Motivations: Understanding the people behind the startups, their motivations, and their needs is vital for successful collaboration and investment. Emotional intelligence helps in negotiating and maintaining positive relationships.

• Skilled at Selling Ideas, Concepts, or a Vision: Venture capitalists often need to convince others to support their investment ideas. This involves selling a vision, whether to partners in a VC firm or potential investors.

• Emotional Resilience and Conviction: The world of venture capital involves high risks and the potential for high rewards. The ability to stay optimistic and maintain conviction in the face of challenges and scepticism is important.

Who can apply?

We welcome applications from anyone with a minimum of one year's work experience and a genuine interest in Venture Capital as a potential career. 

I have already worked in VC, or currently work in VC - should I apply?

Yes!

Application process

• 30 Nov 2023: The application process opens

• 20 Jan: Application process closes

• 21 Jan - 10 Feb: Screening Applicants

• 11 Feb - 28 Feb: Case Studies & Candidate interviews

• 1 March - 5th March: Offers sent out

• March / April 2024: Start of programme 

*Please note that the application form will take 25-40 minutes to complete.