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Jim Leech Mastercard Foundation Fellowship on Entrepreneurship 2026: African Student Venture Program

The Jim Leech Mastercard Foundation Fellowship on Entrepreneurship is an 8-month virtual program that trains African students and recent graduates to build scalable ventures. Fellows receive training from Queen's University and MIT, mentorship, micro-credentials, stipends, and opportunities to compete for seed funding.

October 5, 2026 ⏰ Deadline: Dec 1, 2026

Quick Overview

Host CountryCanada
University/OrgQueen's University
Degree LevelUndergraduate, Masters, PhD, Short Course
Funding TypePartial Funding
Fields of StudyBusiness, Entrepreneurship, Social Innovation, Technology
DeadlineDecember 1, 2026

Scholarship Overview

Program Overview

The Jim Leech Mastercard Foundation Fellowship on Entrepreneurship is an intensive 8-month virtual program designed for African students and recent graduates who want to solve pressing problems through entrepreneurship. Hosted by Queen’s University’s Dunin-Deshpande Queen’s Innovation Centre (DDQIC), the fellowship provides training, resources, financial support, and mentorship to help participants develop their entrepreneurial skills and build scalable ventures.

The program follows MIT’s Disciplined Entrepreneurship framework, a proven step-by-step methodology for building scalable startups. Participants progress through three distinct phases—Explore, Ignite, and Launch—each designed to move them from idea validation to venture creation.

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What the Fellowship Covers

Training and Education

  • Business bootcamp delivered by Queen’s University faculty and industry leaders with decades of combined entrepreneurship and C-Suite experience
  • Complete Disciplined Entrepreneurship framework training developed at MIT
  • Pitch coaching and mastery sessions
  • Live workshops on marketing, goal setting, and recruiting
  • Micro-credentials in Entrepreneurship awarded by Queen’s University upon successful completion

Mentorship and Networking

  • Access to mentors and speakers leading innovation and entrepreneurship in North America
  • Global network of Queen’s entrepreneurial alumni
  • Cohort of thousands of like-minded students and recent graduates from across Africa
  • Matching with industry leaders and entrepreneurs in the final program phase
  • Feedback at critical startup milestones

Financial Support

  • Up to 60 Fellows selected in the final phase receive a stipend of $500 CAD
  • Opportunities to pitch for prizes of up to $15,000 CAD in the final pitch competition

Program Timeline and Structure

Phase 1: Explore (January–February)

1,000+ candidates receive access to curated online entrepreneurship courses and work through the first 11 steps of the Disciplined Entrepreneurship framework. Participants demonstrate commitment by completing training and progressing on their venture milestones, including customer interviews, problem validation, and solution ideation.

Phase 2: Ignite (March–April)

180+ finalists advance based on outstanding commitment and milestone achievement. They complete additional courses, finish the remaining Disciplined Entrepreneurship steps, and pitch their ideas to compete for fellowship selection. Key activities include developing market channels, creating business models, prototyping solutions, and validating critical assumptions through experiments.

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Phase 3: Launch and Fellowship (May–August)

Up to 60 Fellows join DDQIC’s summer incubation program. They receive a USD 350 stipend, dedicated coaches and mentors, and participate in weekly pitch presentations. Fellows pilot their solutions, generate customer interest, and create scaling plans. The phase culminates in a pitch competition for additional seed funding.

Graduation (August)

Fellows complete incubation and gain access to post-incubation services, ongoing support, and future pitch competition opportunities. High-performing Fellows may serve as ambassadors and mentors for future cohorts.

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Who Can Apply

The fellowship welcomes students and recent graduates from all academic disciplines and any post-secondary institution in Africa. Whether you are already building a business or just exploring an idea, the program supports your next step.

Ideal Candidates

  • Committed to developing an entrepreneurial mindset
  • Ready to maximize program resources and mentorship
  • Willing to dedicate at least 10 hours per week
  • Prepared to meet assignment deadlines to advance through phases

Language and Accessibility

Program content is delivered in English. Mentorship may be offered in English and French. Assignments and pitches must be completed in English. Applicants not fluent in English may form teams with English-proficient partners or seek language support through their university or local organizations.

The program actively removes barriers to entrepreneurship through:

  • Downloadable content for participants with limited internet access
  • Language support for French-speaking learners
  • Mobile-friendly coursework and lower-resolution pre-recorded lessons
  • Screen-reader-compatible content for visually impaired learners
  • Free digital badges and certificates with Blockchain ID verification

Program Outcomes and Impact

DDQIC evaluates program effectiveness through interviews and surveys:

  • 84% of 2023 participants reported their venture hired at least one youth since starting the program
  • 97% of 2022 Fellows found the program “very” or “extremely” helpful for advancing their venture
  • 100% increase in participants with paying users or customers from pre-program to post-program

The program addresses UN Sustainable Development Goals 1 (No Poverty), 3 (Good Health & Wellbeing), and 8 (Decent Work and Economic Growth).

Notable Alumni Ventures

Recent Fellows have built impactful enterprises across Africa:

  • Feathered Fortune (Uganda): Layer poultry farm producing affordable eggs; awarded $7,000 CAD
  • Route 360 Solutions (Rwanda): Manufactures eco-bricks from recycled plastics; awarded $6,000 CAD
  • Nana Enterprise (Uganda): Produces Irish potato crisps and flour, creating income for farmers; awarded $4,500 CAD
  • Larva Nova (Ethiopia): Converts organic waste to protein-rich animal feed; awarded $4,500 CAD
  • Rentpilot Kenya (Kenya): Prop Tech platform automating rental management; awarded $4,500 CAD
  • MkulimaLink (Tanzania): Mobile platform connecting smallholder farmers to buyers; awarded $3,500 CAD

How to Apply

Applications are not currently open. Interested candidates should sign up on the program website to be notified when applications launch. There is no published application deadline at this time.

Before applying, review the Frequently Asked Questions page for detailed information about the application process and program requirements.

Fraud Alert

Queen’s University has issued an advisory about fraud targeting international students. Verify all communications through official channels and report suspicious contact to the fellowship team.

Funding Coverage

Virtual training, mentorship, micro-credentials; up to 60 finalists receive $500 CAD stipend; pitch competition prizes up to $15,000 CAD

Eligibility Criteria

Students and recent graduates from any post-secondary institution in Africa, all academic disciplines; must dedicate 10+ hours weekly; English proficiency required for assignments and pitches

Required Documents

Not specified in available materials; check official FAQ page for requirements

Application Process

1) Sign up for notification when applications open, 2) Complete application when launched, 3) Advance through three competitive phases based on milestone achievement and commitment demonstration
Apply Now — Official Website

You will be redirected to the official scholarship application page.

Frequently Asked Questions

No. The program welcomes both those already building ventures and those exploring new ideas. Whether you have a prototype or just a concept, the fellowship helps you take the next step.
No. The program is free to participate. All Queen's University digital badges and certificates are provided at no charge. Selected Fellows receive stipends and compete for additional funding without any participation fees.
The application deadline has not been published. The program advises interested candidates to sign up on the official website to receive notification when applications launch.
The program is competitive. Over 1,000 candidates enter Phase 1 (Explore), approximately 180+ advance to Phase 2 (Ignite), and up to 60 are selected as Fellows for Phase 3 (Launch). Selection is based on demonstrated commitment, milestone achievement, and venture promise—not prior experience or academic performance alone.
Yes. The program has been adapted for participants with limited connectivity, offering downloadable content, lower-resolution videos, and mobile-friendly coursework. You will need sufficient access to complete assignments and attend live sessions where possible.
Specific document requirements are not published in available materials. The program recommends reviewing the Frequently Asked Questions page on the official website for detailed application guidance when applications open.