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Entrepreneurial Fellows Program

Entrepreneurial Fellowships offer recent PhD and MBA graduates interested in entrepreneurship the opportunity to partner with Northwestern faculty to advance Northwestern innovations towards commercialization.

During the one-year program, Fellows will undertake development and commercialization plans for a Northwestern technology with the goal of launching a startup company.

Fellowship Details


  • December: Fellowship Application Opens – requires a cover letter, a slide-deck proposal of work, and letters of support. Applications close March, 29, 2024.
  • April: Entrepreneurial Fellows Finalists notified
  • Early May: Finalist interviews with panel of faculty, external advisors, and INVO directors
  • Late May: Entrepreneurial Fellows announced
  • September Fellowship begins

Key Program Details

  • Term: 1 year
  • Salary: $80k + benefits
  • Stipend: $10k for supplies, travel, etc.

Fellowship Eligibility

  • Applicants must be PhD or MBA graduates having received their degree within three years of the program start date.
  • Prior to applying, candidates must verify their desired fellowship project and obtain a written letter of endorsement from the respective Northwestern faculty PI-innovator. If applicant requires help with project identification, the InQbation Lab may offer several opportunities that the applicant can explore – please email