Business and Society Program
Business and Society Program
First Movers Fellowship Overview
The First Movers Fellowship is offered by the Aspen Institute’s Business and Society Program whose mission is to equip business leaders for the 21st century with a new management paradigm – the vision and knowledge to integrate corporate profitability and social value.
The Fellowship is for exceptional institutional intrapreneurs – accomplished innovators recognized as top performers in their companies. And they have a compelling idea about a new product, service, business process or model they urgently want to implement that will help their companies develop a culture in which business success is defined in financial, social and environmental terms.
The First Movers Fellowship experience offers these individuals a chance to become part of a growing community of innovators who share a passion about their work and belief in the new possibilities for business. It also serves as an innovation lab where Fellows develop the skills to make their innovations real and successful in their organizations.
Why a fellowship program?
Intrapreneurs can be found in many companies -- large and small, and across industries. We believe that these innovators have the potential to develop the ideas and approaches that will help their own companies, and the business community as a whole, live up to its full potential as a vehicle for positive social change. But realizing their potential requires investment and nurturing. By identifying these First Movers, offering them the skills to be as effective as possible, connecting them with others to fuel their passion and courage, and learning from their experiences, we will generate a critical mass of business leaders who, over the longer term, will help companies integrate social value, along with financial value, as core strategic priorities.
First Movers Fellowship Timeline (for the 7th Class of Fellows)
December 12, 2014: Nomination period opens for 2015 Fellows.
March, 2015: Nomination period closes for 2015 Fellows.
January, 2015 - March, 2015: Phone interviews with promising candidates.
June, 2015: Class of 2015 Fellows announced.
June - July, 2015: Fellows refine Fellowship projects.
July 16 - 19, 2015: Fellows convene in Aspen, Colorado for the first seminar.
August - November, 2015: Fellows develop projects with coaching from Fellowship staff and in collaboration with their Thought Partners.
November 12 - 15, 2015: Fellows convene in Wye River, Maryland for the second seminar.
November, 2015 - April, 2016: Fellows continue work on projects.
April 12-15, 2016: Fellows convene in New York for the third seminar to complete the official phase of the Fellowship and join Global Network of First Mover Fellowship graduates.
The Fellows' Financial Commitment
The Fellowship is a program of the Aspen Institute Business and Society Program. Fellows' companies pay a participation fee of $26,800, payable in two installments. The first payment of $23,900 is due July 1, 2015. It covers program delivery costs, as well as accommodations and all meals during the three First Mover seminars in Colorado, Maryland and New York. The second payment of $2,900 is due February 1, 2016. This payment covers post fellowship follow up, including check-ins on project progress; ongoing program evaluation; and introduction of new Fellows into the broader Aspen First Movers community.