Frequently Asked Questions
How do I enroll in the program?
There are two ways to enroll in VC Unlocked: participants can either be nominated by a peer or colleague, or can request an interview with our admissions team. Preference is given to candidates who are nominated, ideally by someone in the 500 network. Following that first step, top candidates are invited to fill out an application and interview with our team. Once accepted, candidates can enroll in our August 2019 Cohort.
Who can nominate a candidate for VC Unlocked?
Interested candidates can be nominated by a peer or colleague. More weight is given to nominations from individuals who can speak to the nominee's experience in venture capital. Ideal nominators include VC Unlocked alumni, 500 Startups' employees or portfolio companies, and peers from VC firms, family offices, fund managers, and other financial fields.
How can I nominate someone?
A nomination form and instructions can be found here.
What if I do not have someone to nominate me for the program?
Interested candidates can request an interview here. Please note that we ask for a professional reference. Our selection committee will invite top candidates to apply if they demonstrate that they will be a good fit for the program.
What are you looking for in an applicant?
Applicants should meet the following criteria:
- Have at least 1 year of investment experience;
- Be able to commit to two weeks (10 full days) of coursework;
- Be proficient in written and spoken English;
- Be focused on identifying and empowering great entrepreneurs in their ecosystems.
We look for candidates with experience in the investment space and who are interesting in building and growing their local tech ecosystems. Prior attendees have come from VC firms, government-led funds, family offices, angel syndicates, accelerator programs, or are high-net worth individuals looking to diversify their investment portfolio.
What are the application and enrollment deadlines for the program?
The program has two rounds of admissions. Please see key dates below:
Early enrollment period
- March 29: Early application deadline
- April 1-5: Interview period
- May 1: Early enrollment payment deadline
- June 5: Regular application deadline
- June 10-14: Interview period
- July 12: Regular enrollment payment deadline
Applicants who enroll during the early period will receive exclusive benefits. Reach out to us for more details. Enrollment is confirmed once payment is received.
Are there any scholarship opportunities for the accepted applicants?
We have two full scholarships available for this program:
SoGal Ventures Scholarship – We’ve teamed up with our friends at SoGal Ventures, the first female-led millennial venture capital fund investing in diverse entrepreneurs in the U.S. and Asia, to offer a spot for an exceptional woman investor. Fun fact: the founders of SoGal Ventures met at VC Unlocked!
Cross Culture Ventures Scholarship – Our second scholarship is reserved for an investor from a diverse or underrepresented background. Marlon Nichols, a previous guest lecturer at VC Unlocked, and his team at Cross Culture Ventures are an example of a firm that’s actively changing the face of VC. We’re thrilled to offer this scholarship in their name.
There is no special application process for scholarships. Interested candidates should still be nominated by a peer or request an interview. Both scholarships will cover the full cost of tuition. Winners will be selected by the 500 Startups admissions team after the interview week and notified directly.
Does the course require a full-time commitment?
The program is designed as a full day program running from 8:30am to 6pm every day. As such, it’s expected that participants devote 100% of this time to the program.
What is the cost of the program?
The program fee is $24,000. Payment can be made by wire transfer, check, or credit card through Plastiq.
When is payment due?
Payment for the early admissions period is due May 1st. The final payment for the program must be received by July 12th.
Want to learn more about VC Unlocked? Download our brochure, which includes our full list of FAQs and additional information about the program.