Penn Funding Resources
Awards, Prizes, Competitions, and Funds
This list brings together a number of the startup funding sources at the University of Pennsylvania. It does not include programs, accelerators, or incubators that provide funds in addition to their educational content.
The Milken-Penn GSE Education Business Plan Competition is prestigious and well-funded education business plan competition, run by the Penn Graduate School of Education.
Created by Penn President Amy Gutmann to strengthen the University of Pennsylvania’s commitment under the Penn Compact 2020 to innovation, the President’s Innovation Prize awards a graduating Penn senior, or a team of graduating seniors, $100,000 (plus a $50,000 living stipend per team member) to envision and implement an innovative, commercial venture that makes a positive difference in the world.
Each year the Loveman Award, a cash prize of $1000, is given to the undergraduate student(s) with the highest cumulative GPA graduating with a Specialization in Entrepreneurship and Innovation. Winners are notified in the spring.
The Edward B. Shils/Leonard L. Zeidman Fellowships in Entrepreneurship
The Shils-Zeidman Fellowships in Entrepreneurship are awarded annually by Penn Wharton Entrepreneurship to select Second Year MBA students from under-represented US minority groups, developing countries, and Israel who have financial need, demonstrate involvement in Penn Wharton Entrepreneurship programming, and describe their interest in entrepreneurship in their admissions essays. Up to $20,000 is awarded to students who meet eligibility criteria.
Resources for Penn Founders
These resources are either affiliated with the University or have a mission of working with Penn students and alumni.
Pear partners with entrepreneurs from day zero to build category-defining companies. Our team has founded 8 companies and invested early in startups now worth over $40B. We use this knowledge to provide founders with hands-on support in product, growth, recruiting, and fundraising. We have been fortunate to partner early with companies valued at $1B+ such as DoorDash, Gusto, Branch, and Guardant Health. We also have a strong focus on students, and 49% of our portfolio founders were students when we first invested.