Fellowships are normally awarded within 5 days after the Early Admissions Deadline.
We consider all accepted and enrolled founders for any eligible fellowships but give preference to those enrolled. Keep in mind, we award only 2-3 fellowships per semester.
Fellowships are decided by the local directors in coordination with FI HQ. We look at a founder's background, their idea, and commitment to building a company when deciding fellowship winners.
All Fellowship recipients are notified by email no later than 7 days after the Early Admissions Deadline, and unfortunately due to a large number of applications, we cannot always notify all applicants that they have not been chosen for a Fellowship.