Tuesday, December 14, 2010

Thiel Fellowship Announcement

I am writing on behalf of Peter Thiel and the Thiel Foundation, a non-profit devoted to promoting entrepreneurialism and innovation in science and technology. We recently announced a new fellowship called 20 under 20, in which we are giving 20 entrepreneurs under 20 years of age a $100,000 grant to not only explore their entrepreneurial ideas, but also to mentor with a wide range of companies, entrepreneurs, philanthropists, and more. The application is due December 31, and is free for students. The website is http://20under20.org

Peter Thiel was one of the founders of PayPal and one of the initial investors in Facebook. However, he has many other ventures, ranging from bioengineering to space exploration technology. He is also a managing partner in the Founders Fund, which is his venture capital arm.