Yale SOM has established two merit scholarships for students in each entering MBA class. The merit-based awards will be granted on the basis of demonstrated interest in entrepreneurship and future potential as an entrepreneur. In addition, each year SOM will name up to five Entrepreneurial Fellows who, after graduation, will receive two years of loan deferral to enable them to work full-time on a startup.
The Entrepreneurial Fellows Program
Student entrepreneurs graduating from the Yale School of Management this year have a new opportunity to help them manage the costs of launching a startup. The Yale SOM Entrepreneurship Fellowship will allow students to defer their student loan payments for the first two years after graduation. The school pays the interest accruing on the loans, up to $7,000/year. The goal is to help entrepreneurs funnel more time and money into their startups during the critical early years. Up to five fellowships are available each year. A committee of Yale SOM alumni, entrepreneurs, and investors will select the recipients. The fellowship joins a variety of existing grants for entrepreneurs, including:
Donor-Funded Awards
The Nancy Pfund ’82 Social Impact Award
The Nancy Pfund ’82 Social Impact Award promotes social entrepreneurship by supporting first-year students pursuing summer internships at mission-driven, social sector organizations with double bottom lines.
The Henry F. McCance Entrepreneurial Award
The Henry F. McCance Entrepreneurial Award summer internship funding for first-year students, new venture seed financing for second-year students, and funding for Yale SOM students joining an early-stage startup.
The Morris and Miriam Pozen Entrepreneur Award
The Morris and Miriam Pozen Entrepreneur Award, which provides summer internship funding for first-year students, new venture seed financing for second-year students, and funding for students joining early-stage startups.
Selby Family Entrepreneurship Innovation Award
The Selby Family Entrepreneurship Innovation Award provides funding to pursue entrepreneurship activities that work on market-based solutions – particularly by creating and building economically viable startup businesses – to problems issues facing our society and planet, including climate change and the degradation of the natural world, healthcare, education and more, recognizing that solutions to these issues in the future may make some of these preferences unnecessary.
Read about our previous award recipients
Every year, Yale SOM student-founders receive donor-funded awards through a competitive awards process that is judged by a panel of Yale SOM alumni. These awards provide funding for student-entrepreneurs to work on their ventures over the course of the summer.
We are delighted to announce the ten student start-ups which were selected as winners of the 2020 Yale School of Management Donor-Funded Entrepreneurial Awards. Each year, Yale SOM student-founders receive funding through a competitive awards process that is judged by a panel of Yale SOM alumni. These awards provide funding for student-entrepreneurs to work on their ventures over the course of the summer.