Thomas Mollick Scholarship opens 2026 applications for student founders

By AI, Created 10:10 AM UTC, May 20, 2026, /AGP/ – The Thomas Mollick Scholarship for Entrepreneurs opened its 2026 application cycle for undergraduate business founders nationwide. One student will receive a one-time award, with applications due Sept. 15 and a winner set to be announced Oct. 15.

Why it matters: - The scholarship is aimed at lowering financial barriers for undergraduate students who want to start businesses. - One annual award could help a student founder focus on launching a venture instead of covering short-term costs. - The program is open to applicants from accredited colleges and universities across the U.S., not just one region.

What happened: - The Thomas Mollick Scholarship for Entrepreneurs announced its annual call for applications for the 2026 cycle. - The scholarship was established by entrepreneur and Rx Development co-founder Thomas Mollick. - The program is for undergraduate students in the United States who are pursuing entrepreneurship. - Applications are due Sept. 15, 2026. - The winner will be announced Oct. 15, 2026.

The details: - Eligible applicants must be currently enrolled as undergraduates at an accredited U.S. college or university. - Applicants must show an interest in or active pursuit of entrepreneurship. - Each application requires an original essay in English, submitted as a PDF or Word document. - The essay must be 500 to 1,000 words. - The prompt asks students to describe their entrepreneurial journey, the problem they are solving, and how they plan to make an impact as future founders. - Submissions will be judged on originality, clarity of vision, passion for business, and quality of writing. - Plagiarism or AI-generated content leads to immediate disqualification. - Complete details and the application portal are available at the official scholarship website.

Between the lines: - Thomas Mollick launched the scholarship after his own path started as a business student at Assumption University. - The scholarship reflects a broader push to back student founders early, before ideas become companies. - The essay-centered format suggests the program is looking for conviction and thought process, not just academic credentials.

What’s next: - Undergraduate entrepreneurs can apply now through the scholarship website. - The selection process will run through mid-September, with the award decision expected in mid-October. - The annual structure suggests the scholarship will continue as a recurring opportunity for student founders.

The bottom line: - The Thomas Mollick Scholarship for Entrepreneurs offers one U.S. undergraduate founder a chance at funding, recognition and a national platform this fall.