Thiel Fellowship

Thiel Fellowship
TypeFellowship
Funded byPeter Thiel through the Thiel Foundation
LeadershipAlex Handy
AmountUS$100,000
Frequency of selectionAnnual
Number of recipients20–25 per year
Websitethielfellowship.org

The Thiel Fellowship (originally named 20 under 20) is a fellowship created by billionaire Peter Thiel through the Thiel Foundation. The fellowship is intended for students aged 22 or younger and offers them a total of $100,000 over two years, as well as guidance and other resources, to drop out of school and pursue other work, which could involve scientific research, creating a startup, or working on a social movement. Selection for the fellowship is through a competitive annual process, with about 20–25 fellows selected annually.