Applications for the 2024 Thiel Fellowship Programme are now open. The fellowship was founded by billionaire entrepreneur Peter Thiel.
It offers a unique opportunity for individuals aged 22 or younger to receive up to $100,000 over two years, along with invaluable guidance and resources, to pursue their passions outside the traditional classroom setting.
A Brief History of the Thiel Fellowship Programme
The Thiel Fellowship Programme, originally known as “20 Under 20,” was unveiled by Peter Thiel at TechCrunch Disrupt in September 2010. Since its inception, the fellowship has empowered young innovators to turn their ideas into reality, with the first cohort of fellows announced in May 2011. Over the years, the programme has expanded its reach, attracting talented individuals from diverse backgrounds and fields of expertise.
The Thiel Fellowship Programme is a springboard for young entrepreneurs to unleash their full potential. By providing recipients with financial support, mentorship, and access to a network of like-minded individuals, the fellowship enables them to pursue ambitious projects and create lasting impact.
Benefits of the Thiel Fellowship Programme
- Participants in the Thiel Fellowship Programme receive a grant of $100,000, allowing them to focus fully on their ventures without the burden of student loans or tuition fees.
- Fellows also gain access to the Thiel Foundation’s extensive network of founders, investors, and scientists, providing valuable mentorship and support along the way.
Eligibility Requirements
To be eligible for the Thiel Fellowship Programme;
- Applicants must be 22 years old or younger at the time of application.
- A college degree is not required, however, candidates must demonstrate a passion for innovation and a drive to disrupt the status quo.
How to Apply
- To apply for the Thiel Fellowship Programme, kindly Visit the fellowship’s official website at https://thielfellowship.org/apply to access the online application portal.
- More information about the Fellowship can be found at the official website at https://thielfellowship.org/
Application Deadline
Rolling basis.
Frequently Asked Questions (FAQ)
What is the Fellowship?
The Thiel Fellowship is a prestigious two-year grant designed for young visionaries who are passionate about building the future.
Do I need to drop out of school to accept the Fellowship?
Yes, recipients of the Thiel Fellowship are required to forgo traditional education in favour of pursuing their entrepreneurial endeavors full-time.
Can I apply while still in school?
Yes, while applicants may still be enrolled in educational institutions at the time of application. They must be willing to commit to the fellowship full-time if selected.
Is there an age limit to apply?
Yes, applicants must be 22 years old or younger at the time of application to be considered for the fellowship.
How many fellows are selected each year?
Approximately 20 to 30 fellows are chosen annually from a highly competitive pool of applicants.
Do I need to have a company or product already established?
Having a fully developed product or company is not a prerequisite for applying. However, candidates must demonstrate significant progress towards their entrepreneurial goals.
Can I apply as part of a team?
No, the Thiel Fellowship considers applications from individuals rather than teams or groups.
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