Goals

The undergraduate Innovation Scholars Program was created through the endowment from the McCune Foundation in 2013. The purpose of the grant is to foster innovation and entrepreneurship among undergraduate students.

1. Increase the number of successful startups initiated by or involving CMU undergraduate students.
2. Broaden our undergraduates’ awareness of, education in and involvement with the Carnegie Mellon Innovation Ecosystem.
3. Engage alumni and entrepreneurial experts through programs and mentorship for enhancement of the student experience and innovation ecosystem.

Benefits

• Innovation Scholars with their own startup receive $6,000 stipend for the 12 weeks of summer work
• $1,200 grant to explore startup companies during the "Silicon Valley Trek" in January 2021
• Membership and/or reimbursement to attend local events
• Special invitations to events
• Individual mentoring
• Spark Grants for specific projects (if available)
• Cohort and community building with current and alumni Innovation Scholars

Requirements

• Applications accepted by current second year students in the second semester in ANY school or college at Carnegie Mellon University
  
• Entrepreneurial exploration and experience before applying is strongly encouraged
• Able to meet weekly
• Two year program,  (Junior/Senior year)
• Successful completion of one intro entrepreneurship course
• Participate in workshops and other events, document participation
• Mentor those who follow you as Innovation Scholars