*FUTURE VC 2020 COVID 19 UPDATE*
Future VC 2020 will look very different from last year’s programme, but we are optimistic that it will have a positive impact on the future of the industry. Due to Covid-19, there will be no ‘in-person’ internship placements this year. However, we are on a mission to ensure that coronavirus does not negatively impact diversity and inclusion in venture.
Therefore, Future VC 2020 will deliver a curriculum of webinars and mentoring sessions, delivered by industry-leading venture capitalists. Also, as the programme is online, we are able to expand the cohort. Last year, we worked with 40 interns. This year, we will welcome over 300 remote participants.
Every individual that participates is from a background that is currently underrepresented in venture capital. The Future VC 2020 cohort will comprise of those who applied for internships this summer, and we will also put out a call to others who want to participate. The webinars will be open to anyone from this group. We will also record the sessions, and bite-size sessions will be available online. We’d love to get you involved in these sessions, and have drawn up a timetable of speakers and topics we’d like to cover. Some speakers have confirmed to present a topic, some have volunteered to present (where we have suggested a topic) but there are other members of our community that we would love to get involved.
Whatever the topic, we are an organisation committed to creating a fairer and more representative industry and so ask that any sessions led on this programme reflect that. We’ll work with all our final speakers to make sure D&I, and it’s importance, are reflected throughout.
FOR FUNDS: If you are still interested in hiring interns this year we have a great pool of candidates who applied to our original programme and are still looking for work experience. Email us to learn more.
Funds that were involved last year
Industry talks and training
Two-month paid internship
Be part of supportive peer group
Coaching for recruitment processes
Present to an investment panel
Visit start-up hubs across the UK
Personal development opportunities and support
Build your network within VC and the start-up ecosystem
Impact in 2019To measure our impact in year one we surveyed our participants skills and knowledge at the start and end of the 5 weeks and ask them to rate their current understanding and skill level out of 10. Scores improved accross 24 areas of development but highlights include:
Confidence to work in VC
Understanding VC as a career
Masterclasses from 2019
As well as paid internships and our investment panel project Future VC delivered learning and development opportunities through our masterclasses:
- History of VC – Michael Tefula @michaeltefula
- Assessing Founders – Harry Briggs @H4ryB
- Fund Mechanics – Suranga Chandratillake @surangac
- Transaction Economics – Itxaso Del Palacio @ItxasoLondon
- Financial Modelling – Tara Reeves @tarareeves
- Due Diligence – Lillian Li @lillianmli
- Deep Dives Into New Sectors – Zoe Chambers @ZoeACastro
- My Journey Into Vc – Andy Ayim @AndysHVC & Leila Zegna @lrastegar
- How We Pick Teams – Akriti Dokania @akritidokania
- What’s Next – Aaron Archer @aaron_f_archer
- Building A Great Board – Fred Destin @fdestin
- Networking & Soft-Skills – Ulrika Werdelin, Holly Bennett, Noa Maxwell, Seth Pierrepont @slpierre
What attracted you to Future VC?
“Before I joined Seraphim Capital, I was told that “it is impossible to break into VC, especially for someone with your background”. This is a common misconception that hundreds of ambitious young professionals hold, especially if they come from diverse and underrepresented backgrounds. For this reason, Diversity VC was launched. The interns take part in a side project where they work with an early stage company to mirror the reality of the investor-founder relationships. Furthermore, the interns get to participate in 8 masterclasses offered by partners at London’s leading venture capital firms. As you can imagine, I was ecstatic to hear that I was selected to participate in the first cohort of the Future VC programme.”
– Hassan Sukkar, Seraphim Capital
What’s the most interesting thing you have learnt so far?
– Rumbi Makanga, Episode 1
What advice would you give to anyone looking to participate in the program next year?
– Rumbi Makanga, Episode 1
– Akash Bajwa
Eamonn Carey, TechStars
– Leah Martin, Episode 1
– Megumi Ikeda, Connect Ventures
– Rebecca Nordstrom-Manna, Highland Europe
– Eva Rez, Sky Startup Investments & Partnerships