Fellowship for Impact Fund I Managers

VCI’s Fellowship educates the next generation of institutional-grade asset managers in Venture Capital, Private Equity + Impact Investing.

We’re proud to introduce the fifth annual cohort of the VC Include Fellowship for Impact Fund I Managers – 16 exceptional first-time fund managers representing 13 venture and real estate funds. Selected through a rigorous and highly competitive process, these managers reflect some of the most promising early-stage investment talent in the country.

This year’s cohort spans 11 states and invests across more than 30 industries, including artificial intelligence, arts & culture, clean tech, consumer tech, fintech, food & agriculture, healthcare, manufacturing, real estate, and advancing cutting-edge technologies in CRISPR.

They are building on the legacy of 75 Fellowship alumni, who have collectively raised $1 billion in assets, backed hundreds of companies, created thousands of jobs, and reshaped the investment landscape. Together, this growing community is fueling entrepreneurial ecosystems, and driving sustainable economic growth in regions and sectors often overlooked by traditional capital.

Since launching in 2020, the Fellowship has been VC Include’s cornerstone program – supporting emerging fund managers who recognize opportunity that has been overlooked. Through targeted programming and strategic investor and subject matter expert connections, we equip these leaders to build resilient firms that drive both alpha and impact.

To learn more about the funds in Cohort V, contact us at programs@vcinclude.com.

About the Fellowship

VCI’s Fellowship is designed to empower emerging venture capital (VC) and private equity (PE) fund managers by addressing one of their biggest barriers to success: connecting with investors who truly understand and value their strategies.

We are an education platform and support network that has equipped 75 General Partners (GPs) with the tools, knowledge, and networks they need to succeed.

Our alumni are not just fund managers; they are catalysts for change. They’re creating jobs, fueling entrepreneurial ecosystems, and driving sustainable economic growth. They each have a unique ability to spot opportunities in markets that have been underutilized, bringing fresh perspectives and untapped potential to the table.

Institutional investors recognize the value of partnering with VC Include. We are a force multiplier for their investment strategies, helping them access the next wave of high-growth, high-impact founders and markets.

“The VC Include Fellowship to support new and emerging impact fund managers is long overdue. We’re honored to lead the charge in growing best-in-class fund managers, providing them with an opportunity to compete, and measuring positive impact over the coming decades.”

– Bahiyah Yasmeen Robinson

See What Our Fellows Have to Say

One of the best ways to better understand the Fellowship for Impact Fund I Managers is by listening to the experiences of our fellows.

With a balanced mix of educational training, community building, and investment industry network exposure and support, the program provides a well-rounded understanding of the journey of building a firm.

VCI’s Fellowship educates the next generation of institutional-grade asset managers in Venture Capital, Private Equity + Impact Investing.

About the Fellowship

VCI’s Fellowship is designed to empower emerging venture capital (VC) and private equity (PE) fund managers by addressing one of their biggest barriers to success: connecting with investors who truly understand and value their strategies.

We are an education platform and support network that has equipped 75 General Partners (GPs) with the tools, knowledge, and networks they need to succeed.

Institutional investors recognize the value of partnering with VC Include. We are a force multiplier for their investment strategies, helping them access the next wave of high-growth, high-impact founders and markets.

“The VC Include Fellowship to support new and emerging impact fund managers is long overdue. We’re honored to lead the charge in growing best-in-class fund managers, providing them with an opportunity to compete, and measuring positive impact over the coming decades.”

– Bahiyah Yasmeen Robinson

See What Our Fellows Have to Say

One of the best ways to better understand the Fellowship for Impact Fund I Managers is by listening to the experiences of our fellows.

With a balanced mix of educational training, community building, and investment industry network exposure and support, the program provides a well-rounded understanding of the journey of building a firm.

Fellowship Eligibility Criteria

Cohort V – 2025

Cohort IV – 2024

Cohort III – 2023

Cohort II – 2022

Cohort I – 2021

What Previous Fellows Have to Say