Founded 2001 Area served Global | Method Fellowships | |
Location | ||
The Shuttleworth Foundation was established in January 2001 by South African entrepreneur Mark Shuttleworth as an experiment with the purpose of providing funding for people engaged in social change. While there have been various iterations of the foundation, its structure and how it invests in social innovation, the current model employs a fellowship model where fellows are given funding commensurate with their experience to match a year's salary, allowing them to spend that year developing a particular idea.
Contents
Notable past and present fellows include Marcin Jakubowski (who develops the Open Source Ecology project), Rufus Pollock (co-founder of the Open Knowledge Foundation), Mark Surman (now Executive Director of Mozilla Foundation), and Philipp Schmidt (founded the Peer to Peer University during his fellowship).
Funding model
The Foundation provides funding for people who have an unproven idea in the form of a 'salary', travel and office expenses. For every dollar invested by the Fellow in a project, the Foundation will put in ten or more, allowing the Fellow to own all Intellectual Property and processes once the active fellowship has ceased.