College grads - photo by Hmm360 via MorguefileRather than typical careers in finance, consulting, and law, Andrew Yang wants to recruit young talent to ignite entrepreneurial sparks in such economically depressed areas as Detroit; Providence, Rhode Island; and New Orleans.

In the process, he believes he can create 100,000 U.S. jobs by 2025.

His new nonprofit based in New York City, Venture for America, is already recruiting its first class of talented fellows.

Venture for America seeks to recruit the best and brightest college grads to work for two years at emerging start-ups and early-stage companies in lower-cost cities. Modeled after Teach for America, the program will offer an entrepreneurship track to college grads who want to learn how to build companies and create jobs.

(READ the story from Fast Company)

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