Unrestricted Funding, Famous Alums Fuel Coveted Fellowship For Social Entrepreneurs
Wednesday, July 16, 2014
Echoing Green. If you’re apt in poetry or if you just Googled the name, you’d know it was the title of a poem by William Blake that begins with “The sun does arise, And make happy the skies.” That theme of embracing a better world translates to another Echoing Green — a nonprofit that empowers social entrepreneurs, in part by offering what have become prestigious fellowships.
Providing at least $80,000 of unrestricted funding, perks like health insurance and a portfolio manager, and an alumni network that includes the founders ofTeach For America, City Year, and The Global Fund for Children, no wonder the acceptance rate to Echoing Green’s fellowship program is at about 1 percent.
Founded in 1987 by global equity firm General Atlantic, Echoing Green has funded nearly 600 entrepreneurs on an array of social issues. And as the field of social entrepreneurship grows, the company has been expanding, such as by securing more funding and launching new targeted programs.