What are the current economics?

No current fellowship stipend, investment, fee, or equity terms are published.

How large and long is the program?

Six historical cohorts through 2025; current format paused. Historical summer internships plus professional development and mentorship.

What happens after the program?

Historical fellows retained community and career connections; no current startup follow-on offer.

Bessemer Fellowship Program (paused)

Current standard terms not publicly specified · US / Canada historically · Needs confirmation

Bessemer's student fellowship is currently paused and being reimagined. The historical program placed undergraduates in portfolio-company internships and added workshops and mentorship, but it is not a current founder accelerator or investment offer.

Tier 3fellowshipstudents

Official site Open in the live directory

Current application context

Program intake

Needs confirmation

This listing is historical and does not represent a current application cycle.

Checked Aug 21, 2026Authoritative source ↗

Key facts

Terms	Current standard terms not publicly specified
Stage	undergraduate internship fellowship
Applications	Needs confirmation
Location	US / Canada historically
Remote friendly	No
Warm intro needed	No — open application
Sectors	generalist
Status	closed

Always confirm on the official page before applying — dates and terms change.

Background

How the application really works

The prior fellowship is paused. Interested students are directed to Bessemer portfolio internships and the separate Analyst Program.

Tips

Read the cited current official page before applying because program dates and terms are volatile.
State fit with the documented stage, geography, and attendance model; do not rely on an aggregator's old terms.
Ask for the complete investment, fee, and follow-on documents when the public page does not publish them.

Watch out for

No current fellowship stipend, investment, fee, or equity terms are published.
Bessemer states the fellowship is paused and being reimagined; no 2026 application is available in the prior form.

Track record

The 2025 class had 13 fellows; prior cohorts placed students at companies including Perplexity, Pinterest, StubHub, Shippo, and Toast.

Historical 2023 selection was 13 from 2,100+ applications; no current process.

Frequently asked questions

Is this program currently accepting applications?: The prior fellowship is paused. Interested students are directed to Bessemer portfolio internships and the separate Analyst Program.
What are the current economics?: No current fellowship stipend, investment, fee, or equity terms are published.
How large and long is the program?: Six historical cohorts through 2025; current format paused. Historical summer internships plus professional development and mentorship.
Can founders participate remotely?: No current policy.
What happens after the program?: Historical fellows retained community and career connections; no current startup follow-on offer.

Related accelerators

Founder InstituteWarrant or equity-pool terms vary by agreement · Global Berkeley SkyDeckApproximately 7.5% equity; confirm current fund terms · US Astranova (formerly Newchip)Program terms vary · Global a16z START (historical)Up to $1M (2022 launch terms; not confirmed current) · US (historical)Sequoia Open Source Fellowship0% equity grant support · Global NEA early programsCurrent standard terms not publicly specified · US

Sources

www.bvp.com/bessemer-fellows — Official current pause notice, program redirection, and historical cohorts (checked 2026-08-10)
www.bvp.com/news/bessemers-2025-fellowship-class-on-how-gen-z-will-lead-differently-with-ai — Official latest cohort size and alumni context (checked 2026-08-10)