True Fellowships

TEC Fellowship

You don’t need to have your own startup idea to participate in the TEC Fellowship. We are not an accelerator or an incubator. Rather, our hope is to provide students visibility into entrepreneurship and venture capital. Maybe you’ll start a company someday, or maybe you won’t. TEC gives you the perspective and connections necessary to contribute to a startup, whether you want to create one of your own or join someone else’s.

Who is TEC designed for?

We are looking for students with a passion for technology and entrepreneurship. TEC accepts undergraduates with all majors and interests who are about to begin their junior or senior years of study.

Unfortunately, we do not accept applications from high school or graduate students. 

TEC Fellows come from schools across the United States and even around the world. Over the past few years, we have achieved gender parity in our classes and expect to continue to hit that mark annually. We welcome applications from trans women, genderqueer, cisgender, and non-binary individuals.

When and where does TEC take place?

TEC runs for 10 weeks from early June to early August. All fellows are paired with companies in the San Francisco Bay Area and will be expected to live and work in or near San Francisco. If you’re looking to spend your summer in New York, we’d recommend the excellent program run by our friends at HackNY.

Is the fellowship paid?

Fellows receive a summer stipend of $12,000. We do not provide travel or housing stipends.

Am I eligible for TEC? 

TEC applicants must be sophomores or juniors in college at the time of application. They must be eligible to work in the United States without sponsorship and must not be on a student visa, on a visa of another type, or in the country under circumstances that would prevent them from receiving the fellowship stipend.

How many TEC Fellows will you accept?

We expect to host 12-15 TEC Fellows annually. While we could fill many more slots with qualified students and have much more demand for help from True portfolio companies, our experience has taught us that some things don’t scale well, and TEC is one of them.

We want to create an environment that gives you close and intimate access to speakers, the True founder community, the True team, and to one another. The size of the class is, in fact, one of TEC’s strongest assets, as it will allow you to sit around a single table, to move nimbly as a group around the city, and to create the foundation for lifelong relationships.

How do I become a TEC Fellow?

Please complete our online application between November 1, 2019, and January 15, 2020. 

We encourage prospective fellows to submit their applications as early as possible as we expect fellowship slots to fill quickly, and in all likelihood in advance of the January deadline. All applicants will receive a response no more than 15 business days after all of their materials (online form, resume, personal statement, recommendation) are received.

What goes in my personal statement?

In your personal statement, please tell us why you are interested in being a TEC Fellow. What is your background in technology and what specific skills could you bring to a startup?  How might your experiences this summer fit into your plans for employment after graduation? If it is possible to provide examples of your work online (web applications you’ve created, projects you have contributed to, a personal blog you maintain, etc.), please include links as appropriate.

What about the recommendation?

A one page letter of recommendation must be submitted on your behalf as soon as possible and no later than January 15, 2020. This letter should be completed by someone with whom you have or have had an academic and/or a professional relationship; i.e., a professor or supervisor/employer. Please do not secure recommendations from family members, peers, or friends. Your application will not be considered until we receive your letter of recommendation. All recommendations should be emailed to tec [at] trueventures [dot] com.

What should be included in recommendations?

Recommendations, which can be in the form of a simple letter, should address:

  1. The context of the recommender’s relationship with the applicant
  2. An assessment of the applicant’s abilities and/or interest in technology
  3. Why the applicant would benefit from participation in the TEC Fellowship
  4. Anything else the recommender thinks we ought to know