Peter Thiel Opens Application Period For 2015 Thiel Fellowships

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SAN FRANCISCO--(BUSINESS WIRE)--The Thiel Foundation announced today that it has begun accepting applications for a new class of Thiel Fellows. Since 2011, the Thiel Fellowship has awarded more than 80 grants to help young entrepreneurs to pursue their visions in science and technology.

“Each passing year should bring more opportunities for young people, not fewer. Yet student debt continues to skyrocket, career prospects remain grim, and it becomes increasingly clear that there are no safe or simple bets for the rising generation,” said Thiel Foundation president Jonathan Cain. “With the Thiel Fellowship and Thiel Foundation Summits, we're offering young people freedom. Freedom to pursue ideas they find meaningful instead of mandatory. Freedom to take big risks instead of big debt. Freedom, essentially, to write their own futures.”

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