Sequoia Capital Announces Spark 02 Fellowship For Female Entrepreneurs

Venture capital firm Sequoia Capital announced on Thursday its applications for Spark 02 are now open for female founders and entrepreneurs. The Sequoia Spark fellowship program – Spark 1 which was launched in December 2021 – included 15 early startups powered by 20 female founders from several countries across Asia, including India, Indonesia, Singapore, and Dubai who are building across FinTech, SaaS, EdTech, D2C and Web3.

Through this fellowship program, Sequoia will provide a $100,000 equity-free grant and mentorship to support aspiring women entrepreneurs in all over Southeast Asia.

Spark 1 will continue to meet until the end of this year, and so far, notable members of the VC ecosystem – Accel, Alpha JWC, Beenext, East Ventures, Nexus Venture Partners, Venture Capital, Vertex Ventures, and Whiteboard Capital have already partnered with these ambitious women.

Through the Spark 2 programme, Sequoia is aiming to reach and support female founders who are out to create an impact, and who are solving hard problems across sectors like SaaS, fintech, sustainability, climate tech, consumer tech, Web3, health tech and more.

Important details regarding Spark 02:

Spark 02 will run for four months, where women entrepreneurs – at an early stage – will be provided with mentorship and funding to raise capital via seed and Series A rounds, and expand their businesses.

Programme and content:

According to Sequoia, the programme will be a combination of a series of curated in-person and online workshops, AMAs, and masterclasses on critical areas of company-building such as brand building, fundraising, and attracting the first set of customers.

Moreover, applicants will also get the opportunity to meet and connect with industry leaders and professionals through in-person mixers, meetups, and events.

Application Procedure and Dateline:

All female applicants in or for India and Southeast Asia need to visit, fill out a form and apply. Spark 02 applications will be open from 25 August to 25 October 2022 and the cohort kicks off in January 2023.

To learn more and apply, click here.