Accelerator · New York, New York, United States

Runway Startup Postdoc Program

Cornell Tech's Jacobs Technion-Cornell Institute pays recent PhDs a salary and research budget for one to two years to start a technology company on its Roosevelt Island campus, taking equity in return.

Status unknown Run by Jacobs Technion-Cornell Institute at Cornell Tech

Verified 18 October 2026 · From the programme's own pages

Terms

Funding
not published Package valued at US$175,000 in the first year and US$150,000 in the second year (up to US$325,000 over two years), including a salary, research budget and campus workspace
Instrument
Priced equity
Equity taken
not published The Jacobs Technion-Cornell Institute takes equity in the company, typically around 8.5%, with no major decision-making provisions
Programme fee
not published
Duration
not published
Cohort size
not published
Cohorts
not published
Delivery
In person
Stages
Idea
Sectors
Deep tech, AI, Health tech, Cybersecurity, Media
Open to founders from
not published
Perks
  • Salary and research budget
  • Campus workspace
  • Entrepreneurship and business training
  • Academic and business mentorship

Runs for one year with a possible one-year extension; the first three months focus on business training. Startup postdocs receive a royalty-free, exclusive and perpetual licence from the Jacobs Institute to their IP, on condition that they use it.

Application dates

Status unknown

Dates not published. The application page says applications are open from 15 October to 1 February.

Usual timing: The application page says applications are open from 15 October to 1 February.

Who can apply

  • PhDs who graduated within the last five years, and occasionally PhD candidates near the end of their programmes
  • Participants must live in New York City to receive programme benefits
  • The company must be incorporated in the US; non-US citizens may apply
  • No business plan is needed to apply
  • Stage: idea

Companies it names as alumni

Nanit

What founders should check

  1. Equity: The Jacobs Technion-Cornell Institute takes equity in the company, typically around 8.5%, with no major decision-making provisions. Ask for the exact stake before you accept a place.
  2. It does not publish a fee. Ask whether you pay for desks, services or the programme itself.
  3. It runs in person in New York. Plan to be there for the length of the programme.
  4. Dates for the next cohort are not published. The application page says applications are open from 15 October to 1 February.

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