Fellowship · United States

Thiel Fellowship

A two-year, US$250,000 grant for people aged 22 or under who skip or stop out of college to build something new. The foundation takes no equity.

Rolling applications Run by Thiel Foundation

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

Terms

Funding
US$250,000 US$250,000 paid out over two years
Instrument
Grant
Equity taken
None (equity-free)
Programme fee
not published
Duration
104 weeks
Cohort size
not published
Cohorts
not published
Delivery
Remote
Stages
Idea, pre-seed
Sectors
Sector-agnostic
Open to founders from
Anywhere
Perks
not published

Application dates

Rolling applications

Applications are accepted at any time.

Usual timing: Applications are accepted year round; there is no deadline.

Who can apply

  • Aged 22 or younger
  • No university degree
  • No team needed to apply
  • Stage: idea, pre-seed

What founders should check

  1. The programme says it takes no equity. Still read the agreement for warrants, revenue shares or rights in a later round.
  2. It does not publish a fee. Ask whether you pay for desks, services or the programme itself.
  3. It runs remotely. Check the time zone of live sessions.
  4. Applications are accepted at any time, so there is no deadline to plan around.

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