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active Foundation Grant

Thiel Fellowship

The Thiel Foundation

$250,000 over two years

The short version

$250,000 over two years, no equity, for people aged 22 or younger without a degree. Applications are accepted year round.

The Thiel Fellowship gives fellows $250,000 over two years, with no equity taken in your company. It is for anyone aged 22 or younger without a university degree, and fellows must drop out of school to accept. It is open worldwide and reviews applicants as individuals; incorporating a company is not required. The foundation accepts applications year round with no deadline. The application is a Salesforce portal behind a login, so its written questions were not seen. Selection is by a selective review process.

Funding type
Grant
Level
Foundation
Amount range
$250,000
Realistic amount
$250,000 over two years to each selected fellow.
Deadline
Rolling; no deadline (applications accepted year round)
Status
active
States
Nationwide

Who qualifies

Is the Thiel Fellowship legit?

Yes. The Thiel Foundation has run it since 2011. It is free to apply, but it is a fellowship for people 22 or younger, not a small-business grant.

Sources: thielfellowship.org · page 2. Last checked at the funder on October 18, 2026.

Past Thiel Fellowship winners

The 2026 fellows the foundation announced included:

Names as published by the Thiel Foundation (via its April 2026 press release) (source). GrantCompass is not affiliated with the Thiel Foundation (via its April 2026 press release).

New grants like this every week: see this week's list or get it by email on Mondays.

What it covers

Eligible expenses

  • Fellowship funds over two years (no use restrictions published)

Ineligible expenses

  • See official program guidance

How to apply

  1. 1

    Check the age and degree rule

    22 or younger and no university degree.

    ~0.2 hrs

  2. 2

    Apply in the Salesforce portal

    Login required; the written questions were not visible.

    ~6 hrs

Insider tip

Only apply if you are ready to leave school: the fellowship requires it, and the application form sits behind a login.

Deadline & timing

FAQ: "Is there an application deadline? No - we accept applications year round." Fellows must be 22 or younger and without a university degree, and must leave school to accept.

Applications are open — don’t lose the window

GrantCompass tracks Thiel Fellowship’s application windows in the live catalog. Leave an email and we’ll warn you before this window closes — and tell you when the next round opens.

Free. One email when the window moves, deadline warnings on your watchlist, and the monthly closing-soon digest. Unsubscribe anytime.

Required documents

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Last updated October 18, 2026. GrantCompass is an independent funding-discovery tool and is not affiliated with any government agency. Always confirm details on the official program page.