One of the bigger parts is probably that it would have a public prize attached to it. I get the feeling from people outside EA that altruism is charity and nothing that you can actually do a career within. A person has a certain threshold of motivation before digging into EA. I believe this threshold would be easier to get through if you had a potential explicit reward at the end of it (a carrot on a stick). It might also generate some interesting ideas that could be tried out. Essentially, the idea is that it would turbocharge the fellowships as they would have something to apply the ideas of EA to.
One of the bigger parts is probably that it would have a public prize attached to it. I get the feeling from people outside EA that altruism is charity and nothing that you can actually do a career within. A person has a certain threshold of motivation before digging into EA. I believe this threshold would be easier to get through if you had a potential explicit reward at the end of it (a carrot on a stick). It might also generate some interesting ideas that could be tried out. Essentially, the idea is that it would turbocharge the fellowships as they would have something to apply the ideas of EA to.