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Y Combinator Introduces Summer Fellow Grants
The grants are intended for students who want to build technical projects, especially those using AI. San Francisco-based Y Combinator is offering Summer Fellows Grants to undergraduate computer science or engineering students. The grant provides $20,000 in cash and $90,000 in cloud computing credits from AWS, Microsoft Azure, and Google Cloud Platform. Additional credits from YC companies Fly.io ($50,000), Supabase ($10,000), Replicate ($10,000), and Resend ($3,000) are also available. Fellows will attend a kick-off dinner on June 15, co-work at YC's office from June 18-20 and August 20-22, and present their projects on August 22. The grants are intended for students who want to build technical projects, especially those using AI, rather than doing typical internships. According to the post, eligible applicants include any undergraduate students, including freshmen, with strong technical skills. Non-computer science majors with technical experience, such as open-source contributions, can also apply. Teams should apply individually and mention any collaboration in the application. The program requires a full-time commitment to the project, but part-time applicants with internships may also be considered. YC encourages relocation to the Bay Area but will cover travel for the co-working sessions.
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Summer Fellows Grants | Y Combinator
This summer, YC will be giving grants to college students to work on their own technical projects. We're calling these the Summer Fellows Grants. We hope this will encourage the smartest students to indulge their intellectual curiosity this summer instead of doing intern grunt work. Now is the best time ever to do this -- AI models keep pushing the limits of what's possible to build, and AI tools are rapidly making programmers more productive. The returns from spending a summer building things at the edge of your programming ability have never been higher. The grants will be $20,000 in cash and $90,000 in compute credits from Amazon AWS, Microsoft Azure, and Google GCP. Summer Fellows will also be invited to YC's AI Startup School June 16 - 17, and we'll also hold some special events: We're most interested in funding technical projects using AI in new ways, but we're happy to fund anything that smart programmers find interesting. We're not expecting the projects to be commercial or make money, though it'd be fine if they did. If this sounds interesting, you can apply here. The next step will be a 15 minute online video interview at the end of March, after which we'll make our decisions. The following YC companies are also offering credits to Summer Fellows: Fly.io ($50k), Supabase ($10k), Replicate ($10k) and Resend ($3k). Who is eligible to apply for the grants? Any undergraduate computer science or engineering college student, including freshmen and students outside the US. Can I apply with a team? We're giving the grants to individuals. If you plan on working with someone else, you should each apply individually and let us know in the application that you'll be working together. What does a successful project look like? We'll consider anything that smart programmers would be impressed by as a successful project. This might be a developer tool you built for yourself or contributions to open source. Building something with users would be cool but we're not expecting that. Will there be classes and programs to attend? No. Our goal is to let you work on your own projects independently and meet some other smart students. YC partners will be available for advice and we'll create an online workspace for you to talk with us and with the other Summer Fellows throughout the summer. How many grants will you be giving out? We don't know yet. We'd guess it'd be at least 20 and no more than 50. Will you provide working space? We'll set you up for co-working at the YC office for three days at the start of summer in June and three days at the end in August. You'll need to find your own space outside those times. Do I have to move to the Bay Area? You can work from anywhere but we'd strongly encourage you to move to the Bay Area during the summer. AI is rapidly changing how software is built and engineers here get to see it first. If you really can't move here, we'll fly you out for the co-working days at the YC office. Can I still work an internship this summer? We'd prefer to fund students working full time on their project but we'll still consider students working part time because they have an internship. We think the most ambitious students will find it more interesting to work on their own project though. Do I need to setup a company to receive the grant? No, the grants are given to you personally, you don't need a company or business setup to receive them.
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Y Combinator introduces Summer Fellows Grants, offering $20,000 in cash and substantial cloud computing credits to undergraduate students for technical projects, with a focus on AI innovations.
Y Combinator, the renowned startup accelerator based in San Francisco, has launched an innovative program called Summer Fellows Grants, aimed at fostering technical innovation among undergraduate students, with a particular emphasis on artificial intelligence (AI) projects 1.
The program offers a substantial package to selected students:
Eligible applicants include undergraduate computer science or engineering students, including freshmen and international students. Non-CS majors with strong technical skills, such as open-source contributors, are also encouraged to apply 1.
The Summer Fellows program is designed to be flexible yet engaging:
While the program encourages full-time commitment, part-time applicants with internships may be considered. YC strongly recommends relocation to the Bay Area but will cover travel expenses for co-working sessions for those unable to move 2.
Y Combinator emphasizes that this initiative aims to inspire students to explore cutting-edge technologies, particularly AI:
"Now is the best time ever to do this -- AI models keep pushing the limits of what's possible to build, and AI tools are rapidly making programmers more productive," states YC 2.
The program is open to a wide range of technical projects, not limited to commercial ventures. YC partners will be available for advice, and an online workspace will facilitate communication among Summer Fellows 2.
Interested students can apply through Y Combinator's website. The selection process includes a 15-minute online video interview scheduled for late March. While the exact number of grants is not fixed, YC estimates it will be between 20 and 50 2.
This initiative by Y Combinator represents a significant investment in nurturing young talent and driving innovation in AI and other technical fields. By providing substantial resources and mentorship, the Summer Fellows Grants program aims to catalyze groundbreaking projects that could shape the future of technology.
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