Frontier Market Scouts


Frontier Market Scouts 2011

The Frontier Market Scouts Program selects and trains compassionate and capable young professionals to become talent scouts and investment managers serving local entrepreneurs and social-minded investors in low-income and weak-capital regions of the world.

The scouts provide due diligence for investors and technical assistance for entrepreneurs with the goal of generating high-quality deal flows and supporting portfolio companies at a low cost.

The program consists of a 2-week training in Monterey, California or Washington, DC. The training prepares fellows field assignments around the world that last up to 12 months.


Those with a strong interest in enterprise development and impact investment at the Base of the Pyramid, a solid business or management background, and an excellent aptitude for cross-cultural immersive professional learning are eligible to apply for the FMS Program. The Institute students in any degree program may apply. Outside participants who are advanced undergraduates, graduate students, career-changers, or junior professionals are also welcome.



There is no on-campus housing available on the Institute campus in Monterey. However, the Institute Student Services Office assists participants with Monterey housing resources.

Tuition and Fees 

General: $4,000 USD*

MIIS and Middlebury Students: $1,000 USD*

Full and partial merit scholarship rates for the training are available.

Participants may choose to apply for the training program or both the training and field programs. Participants will receive a professional certificate in Social Enterprise Management and Impact Investing upon successful completion of either chosen program. Successfully completion of the training is required to become a fellowship candidate. However, there is no additional cost to enroll in the competitive fellowship program.

A non-refundable deposit of $500 is due upon acceptance of your application.

*Fee includes tuition, career advising, networking events, and light breakfast/snacks served during the training.

Financial Aid and Scholarships

Financial aid (for MIIS students) and merit-based scholarships are available. Qualified applicants may request consideration for scholarship when completing the FMS general application form. Recipients will receive notification of the amount awarded on their acceptance letters. 

Matriculating graduate students at the Institute may also be eligible to receive financial aid in the form of loans to cover program tuition and living and travel expenses. Merit scholarships for students at the Institute may be applied depending on eligibility. If you are a the Institute student or a participant taking the program for credit, please contact the The Institute Office of Student Financial Planning to learn more about your individual options at (831) 647-4119. 


Frontier Market Scouts Certificate Training: Monterey

Location: Middlebury Institute of International Studies campus in downtown Monterey, California in close proximity to Silicon Valley and the San Francisco Bay area.
Dates: January 8-19, 2018
Focus: Seed-stage investment and social enterprise management in regions around the world.
Who Should Attend: Career builders with 2+ years professional experience who are looking to develop a purpose-driven career. Ready and willing to consider a fellowship in regions around the world, particularly in emerging market areas.
Unique Qualities:

The training prepares participants for social sector fellowships in emerging market regions outside of the United States including placements at small and growing social enterprises, capacity building programs (incubators or accelerators), nonprofits, impact investing funds and foundations. 

View a sample schedule.

Admission Deadline: Apply now! Applications accepted until filled. 


Social Impact Finance Training: DC

Location: Middlebury K Street Office, DC. The Middlebury DC office is situated in the heart of downtown Washington, D.C., at 1400 K Street NW. Click the following link for detailed directions.
Dates: TBA
Focus: Growth-stage investment and social enterprise management in regions around the world.
Who Should Attend: Career changers with 4+ years professional experience who are looking to explore a pivot into the social impact sector. Those who are seeking new connections, knowledge, and inspiration in order to re-focus their professional track.
Unique Qualities: Washington is an ideal place to step into an impact-focused career. It is a hotbed for social enterprise and responsible investing through the development and private sectors to make for a dynamic and growing community of social entrepreneurs, activists, and responsible money managers.


Which program is for me?

Each program offers is own unique focus and advantages. We recommend that you select a program based on your current status as either an emerging professional or an experienced professional who is considering a career change or realignment.

Shared Benefits

All FMS participants gain a professional certificate in impact investing and social enterprise management and join the FMS and the Institute-Middlebury College global alumni network.


Carolyn Meyer
(831) 647-6417