The March Fund is an early-late stage venture capital fund committed to supporting and investing in entrepreneurs and companies developing transformative biotechnologies, machine intelligence, and sustainable nutrition solutions for the evolving consumer landscape and agriculture-food supply chain. They aim to accelerate the emergence of Food 3.0 on a global scale, and create a healthier, more sustainable planet. The March Fund was founded by Christopher Lai, former investor at Horizon Ventures; Dr. Harold Schmitz, former Chief Science Officer of Mars, Incorporated, Life Member, Council on Foreign Relations and Senior Scholar at the UC Davis Graduate School of Management; and Wang Rui, former CEO of Red Bull Vitamin Drink Co., Ltd and current Founder & CEO of QiFeng. The fellowship provides opportunity for an exciting international residency in Hong Kong.
DUE Wednesday, October 23, 2019 – OR UNTIL FILLED.
First Quarter: Onsite experiential learning with The March Fund in Hong Kong
Start date flexible: following selection, join The March Fund for an exciting first quarter in Hong Kong in Fall 2019 (including $7,500 travel and accommodation allowance).
Explore The March Fund’s strategic ecosystem and extensive network of assets in evaluatingand vetting competitive investment opportunities.
Learn what kind of companies and technologies are considered investable and engage withexpert consortium members to understand opportunities in food/agriculture innovation.
Gain invaluable knowledge about what investors look for in entrepreneurs.
Second Quarter: Transition back to UC Davis, splitting time between research and virtual engagement with The March Fund
At UC Davis: upon second quarter return to Davis, continue to support The March Fund’s efforts in evaluating startups and selecting investable ventures that address selected challenges inthe food system, as well as preparing publications that align with research conducted or areasof interest for private or public distribution.
The fellow will work closely with The March Fund staff through virtual means, but support is provided for regular in-person meetings as needed.
Third and Fourth Quarters: De-risking technology/product/process concept
The selection committee considers applications in accordance with the following criteria:
Resume doctoral research: for remaining two quarters, practice applying The March Fund learnings to conclude research activities, exploring the greatest impact and best route to market.
Enrich learning: through on-campus Entrepreneurship Academy and businessplan development, identify potential investors and research the target landscape.
Support from: monthly face-to-face meetings with the IIFH (virtual or in-person as needed).
In conclusion: provide a brief report on the results and impact of the fellowship, and present atthe annual Innovator Summit.