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101 Fellowship runs a remote, 10–12 week, unpaid fellowship that places fellows inside early-stage venture capital funds to perform hands-on VC work (e.g., fundraising, pipeline-building, due diligence, creating marketing materials) and participate in learning sessions with VCs. The program blends practical VC experience with networking and expert sessions to help participants break into the industry, covering fund theses, economics, LP outreach, and portfolio value-add. The next cohort runs September–November 2025 with 1–3 fellows per fund, and applications are open now for those dedicating 10–20 hours per week.
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