![]() " 'Generation Startup': Young entrepreneurs are in focus in new documentary". ^ Delamotte, Nikki (November 14, 2016)."Venture for America launching in Miami". "Venture for America to Send 100 Top College Graduates Over Next Five Years to Support Detroit and Cleveland Startups". "Venture training helps entrepreneurs succeed". "No Six-Figure Pay, but Making a Difference". ^ a b c Seligson, Hannah (July 13, 2013)."Passion to Profit: Young Foodie Moguls Share Stories of Success". Yang has justified his goal of creating 100,000 jobs, saying: "In order for organizations to have a very high ceiling, you need to set the goal very, very aggressively." Schleifer also claims that VFA fails to help residents living in inner cities because "Yang thought about how to fix inner cities through the prism of, rather than listening to what the community wanted." References In June 2019, Theodore Schleifer of Vox wrote that VFA's positive early publicity can be attributed to marketing efforts by Andrew Yang. Critics of the organization have noted that VFA has not yet created 4,000 jobs, and Yang himself claimed in 2021 that "hundreds" of jobs were created. VFA originally aimed to create 100,000 jobs by 2025. Since 2012, Venture for America has trained more than 1500 Fellows who have worked in 18 cities. įellows are then placed in startups in cities like Baltimore, Detroit, and San Antonio in industries such as education innovation, biotechnology, VC firms, media, and clean technology. The skills they learn include topics of web design, entrepreneurship, and public speaking. The goal of the program is for its Fellows to become startup leaders or founders.Īfter acceptance into the program, Fellows attend a summer professional development program called Training Camp where they are taught and mentored by investors, venture capitalists, and innovation firms in the skills they will need at their companies. Venture for America recruits recent college graduates to work in 13 cities throughout the United States. In 2021, Eric Somerville was placed as CEO. In mid-2017, Andrew Yang stepped down as CEO.įrom September 2017 to January 2021, Amy Nelson served as CEO. In 2017, VFA expanded to Kansas City and placed approximately 180 fellows. 2016 also saw the addition of Atlanta and Nashville along with nearly 170 fellows placed. In 2016, a documentary about Venture for America titled Generation Startup was released, co-directed by Cynthia Wade, an Academy Award winner, and Cheryl Miller Houser. In 2015, the organization added Birmingham, Charlotte, Denver, and Pittsburgh and placed more than 120 fellows. In 2014, more than 100 fellows were placed, and an additional four cities- Columbus, Miami, San Antonio, and St. In 2013, Baltimore, Cleveland, and Philadelphia were added, and nearly 70 fellows were placed. In its first year, 2012, Venture for America placed 40 fellows in five cities: Cincinnati, Detroit, Las Vegas, New Orleans, and Providence. Please help update this article to reflect recent events or newly available information.
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