PROGRAM DESCRIPTION
The Open Access Fellowship is a program funded by some of the community development industry’s top companies that attracts and prepares minority professionals for careers in that industry. The fellowship offers a unique opportunity to bring diversity to the world of community development finance. Our fellows are given the opportunity to work for some of the industry’s leading experts in finance and community development. The goal of the program is to provide access for a diverse group of professionals to be trained for careers in the community development industry.
The fellows are provided access to curriculum through virtual training, webinars and conference attendance sponsored by Novogradac & Company LLP. The paid fellowship is a commitment of 160 hours over up to 12 weeks. Fellows are matched with trained professionals for mentoring and career growth opportunities. All applicants are expected to have a 4-year degree or to be current graduating seniors from an accredited institution and must demonstrate an interest in community development finance.
Upon successful completion of the program, fellows are positioned to bring their expertise into the world of community development finance, coupled with the unique perspective informed by their backgrounds. Fellows are able to promote dialogue on topics dealing with equity, inclusion and representation in an environment that has a direct impact on the lives of low income people and people of color.
PROGRAM COMPONENTS
THE OPEN ACCESS FELLOWSHIP AWARD
The Open Access Fellowship aims to grant 24 fellowships each year, spanning a 3-month duration. Recipients receive a $4,000 stipend and access to Novogradac's courses, enhancing their professional development and fostering knowledge growth.
PERSONALIZED FELLOWSHIP MENTORING
Fellows undergo a three-month engagement with personalized mentoring from a matched professional. This unique opportunity ensures tailored guidance, fostering meaningful connections and enhancing the fellows' skills and knowledge.
EMPLOYMENT AND CONTRACTUAL OBLIGATIONS
Fellows commit 160 hours over 12 weeks. Interviews with sponsors guide matching based on interests and qualifications, aligning with agreed scopes of work. This ensures a meaningful and productive fellowship experience.
