LGT Venture Philanthropy is proud to announce the launch of the iCats Program: The iCats Program is an answer to the need for professional know-how and resources in many philanthropic organizations and social enterprises. LGT Venture Philanthropy created a web-based platform to match experienced professionals with specific positions in selected philanthropic organizations.
The fellow positions for 2010 are now online on www.icatsprogram.com ! Application deadline is 26th October 2009.
A fellow works 11 months on-site with a portfolio organization from February to December 2010 and receives regular mentoring from the LGT Venture Philanthropy team. In addition, a 4-day induction workshop brings all fellows together in the Swiss mountains. Go to www.icatsprogram.com to find out more and to apply.
About LGT Venture Philanthropy
The LGT Venture Philanthropy Foundation was founded in 2007 by initiative and funds of the Princely Family of Liechtenstein. Its mission is to raise the sustainable quality of life for the less advantaged people especially in the developing world. Applying a venture philanthropy approach, LGT Venture Philanthropy supports both organizations with financial, social and intellectual capital. LGT Venture Philanthropy makes use of grants, loans and equity investments. Any generated profit is channeled back into the fund and will be used for additional investments.
LGT Venture Philanthropy is pleased to share some results of its philanthropic activities with you: The portfolio has grown to seven organizations with USD 3 Mio invested, the global team now counts 12 people in seven countries, negotiations with several clients interested in LGT Venture Philanthropy’s due diligence and investment services are ongoing, and last but not least, the feedback about the 1st generation of fellows in LGT Venture Philanthropy’s fellowship program has been overwhelmingly positive!