Their fellowship and grant program is called Emergent Ventures. From their website:
“Launched with $1 million grant from the Thiel Foundation, the mission is to jumpstart high-risk, high-reward ideas that advance prosperity, opportunity, and wellbeing. The fellowship provides participants with the short-term resources and support to quickly develop and test their ideas.”
We will use the money to advance our mission of making education more accessible by tearing down geographical, physical and monetary barriers.
If you haven’t heard of Tyler before, you should check out his podcast Conversations with Tyler and his new book called Stubborn Attachments. He’s @tylercowen on Twitter. Tyler knows a lot about everything and has interesting approaches and thoughts on most things.
One of my favorite posts of Tyler is on the failures in mainstream philanthropy and how to fix it.