How to Apply for Thiel Fellowship — $250K Grant for Young Founders Under 22

Applications are reviewed on a rolling basis year-round. The Thiel Foundation evaluates each applicant based on their vision, demonstrated progress toward a concrete idea, and potential for outsized impact. While a fully formed product or incorporated company isn't required, meaningful momentum is a key factor. Shortlisted candidates then undergo an interview process. Important final step: selected fellows must officially drop out of college to accept the ₹2.25 crore grant, which is disbursed over the two years. The program typically selects around 12 fellows per annual cohort.