The Thiel Fellowship | The Thiel Foundation’s 20 Under 20 fellowship program is now accepting applications for their second round of fellows for 2012. The deadline is December 31, 2011. To get a sense of what life is like as a fellow, they’ve created a short documentary series.

“A radical re-thinking of what it takes to succeed, the Thiel Fellowship encourages lifelong learning and independent thought. With $100,000 and 2 years free to pursue their dreams, Thiel Fellows are changing the world one entrepreneurial venture at a time.

“Do you have a great idea to change the world? Do you know someone who has what it takes to be one of the next fellows? The Thiel Fellowship is unlike anything you’ve ever experienced.

“The Fellowship brings together some of the world’s most creative and motivated young people, and helps them bring their most ambitious ideas and projects to life. Thiel Fellows are given a no-strings-attached grant of $100,000 to skip college and focus on their work, their research, and their self-education.

“They are mentored by our network of visionary thinkers, investors, scientists, and entrepreneurs, who provide guidance and business connections that can’t be replicated in any classroom. Rather than just studying, you’re doing. An ideal candidate is 19 years old or younger as of December 31, 2011, and has ideas that simply cannot wait. She or he wants to change the world and has already started to do it in some fashion. We want fellows who dream big and have clear plans, who take risks and learn from mistakes, who think long-term and like to tinker. Inspire us.” — Thiel Fellowship

Related:
The Thiel Fellowship
Thiel Fellowship YouTube channel

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Interviews with Thiel 20 Under 20 fellows: