TLDR:
- Venture for America, a fellowship program matching recent graduates with startups, has suddenly closed its operations.
- The closure was due to economic challenges and shifting priorities, impacting six fellows in Kansas City.
A coast-to-coast fellowship program that sought to reinvigorate communities by pairing recent college graduates with emerging startups, investment firms, and nonprofits has unexpectedly ceased operations. Carrie Murphy, CEO of Venture For America, announced the closure, citing economic challenges and shifting priorities. This closure impacts six fellows in Kansas City, who are now no longer bound by previous VFA requirements. The organization’s board of directors is exploring options for a strategic restructuring to continue supporting the existing fellow community. The sudden closure came as a surprise to fellows, who valued the organization for its networking opportunities and credibility it added to their resumes.
