Citrine Angels Seeks Year-Long MBA Venture Fellows
Each semester, Citrine Angels selects 2-4 MBA students to participate in its part-time, 12-month fellowship program. This is an excellent opportunity for MBA students to learn more about evaluating early-stage companies, angel investing, and the venture ecosystem. Fellows meet with the Citrine Angels members - all successful professional local women - and have the opportunity to see dozens of startup companies founded by women over the course of the year. Fellows will get experience screening companies, conducting due diligence, and writing memos. They receive access to all exclusive member events, including pitch meetings, investor educational discussions, and venture industry events, as well as 1:1 coaching, guidance, and mentorship opportunities.
Interested candidates should contact admin@citrineangels.com with their resume and cover letter by May 1, 2024.
This role would begin July 1, 2024, and continue through June 34, 2024. The anticipated commitment is 5-7 hours/week.
Preference is given to MBA students finishing their first year with a passion for supporting diversity in venture funding, but other candidates will also be considered (such as incoming first-year MBA students or part-time, second-year MBA students). The number of fellows selected is determined by the quality of candidates, the anticipated need of the organization, and the bandwidth of Citrine’s Board of Directors to mentor and educate fellows.
The ideal candidate should have some knowledge about and interest in the startup ecosystem, be a motivated self-starter who works well independently, and be incredibly detail oriented. The candidate should thrive in a dynamic environment where new challenges come up every day and be flexible, dependable, and efficient in varying environments.
The role of the Venture Fellow will be to assist with the various tasks of running an angel group. Duties could include:
- Screening investment candidates based on predetermined criteria
- Conducting due diligence for startups selected by the Citrine Angels community
- Preparing due diligence summary reports for startups selected by the Citrine Angels community
- Attending pitch meetings as available
- Other operational and administrative tasks to assist the organization as needed
Standout candidates will have:
- Strong leadership, presentation, and technical skills
- A proven track record of success as a high-energy self-starter
- Excellent analytical and strategic thinking skills
- Strong written and oral communication skills
- Curiosity about technology, innovation, and/or diversity in the venture space
Note: This position comes with a small stipend, and/or may be used for credit where applicable.
ABOUT CITRINE ANGELS
Citrine Angels, a 501(c)(6) nonprofit committed to empowering female entrepreneurs through investments and mentorship, aims to close the persistent gender funding gap and increase the number of successful women-led businesses. Founded in 2019, Citrine has invested more than $1.2 in 20 female-founded early-stage businesses that have gone on to collectively raise over $400 million in capital to fuel business growth.
Citrine launched its MBA fellowship program in 2020 to give women MBA students crucial experience in the venture arena - allowing them to decide if they want to work in the ecosystem or become angel investors themselves.
TESTIMONIALS
"I am grateful for the opportunity to work with Citrine Angels as a fellow, which has been a challenging, interesting and rewarding experience. Working closely with the team, I learned how to effectively evaluate the potential of a startup and dive deep into due diligence in interesting fields such as NFT, biotech, and medtech. Citrine Angels, as well as the larger network of female VC executives and angel investors in the DMV area they introduced me to, has been very supportive in helping me chart my career path. I wish I had known about this opportunity when I just started my MBA program at UMD.”
- Nguyet Minh "Vivi" Chu