Thursday, November 10, 2011

Peter Thiel initiated the technology talent fund?

Peter Thiel opinion:

Innovation In The World Today Is Between ‘Dire Straits And Dead’


"Our world needs more breakthrough  technologies,” said Thiel. "From Facebook to SpaceX to Halcyon  Molecular, some of the world's most transformational technologies were  created by people who stopped out of school because they had ideas that  couldn't wait until graduation.

“This fellowship will  encourage the most brilliant and promising young people not to wait on  their ideas, either. The Thiel Fellows will change the world and call it  a senior thesis.” The Thiel Foundation will award 20 people under 20  years old cash grants of $100,000 to further their innovative scientific  and technical ideas.

The Thiel Foundation will award up to 20 people under 20 years old  cash grants of $100,000 to further their innovative scientific and  technical ideas. In addition, over a two year period, our network of  tech entrepreneurs and philanthropists—drawn from PayPal, Facebook,  Palantir Technologies, Founders Fund, the Singularity Institute, the  Seasteading Institute, and others—will teach the recipients about  creating disruptive technologies and offer mentorship, employment  opportunities, support, and training.

Though applicants may already have in mind scientific or technical  ideas, the Thiel Fellowship is not limited to those with developed  innovations. The purpose of the Fellowship is broad: the grants are  intended to enable the recipients to achieve a specific objective,  produce a report or other similar project, or improve or enhance a  scientific, technical, or charitable capacity, skill, or talent.


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