Masters’ Union has announced Founder Fellowship, a new programme aimed at supporting early-stage entrepreneurs by providing a monthly financial stipend of Rs 50,000 per founder for one year, according to an official statement.
The initiative is backed by a Rs 100 crore fund and is designed to help founders focus on building their startups without worrying about their day-to-day financial needs. According to the institution, the fellowship is neither a grant, loan nor scholarship, but a structured support programme for entrepreneurs during the initial stages of their ventures.
Along with financial assistance, selected founders will gain access to Masters’ Union’s startup ecosystem, including AI and prototyping labs, the Bloomberg Terminal, faculty members, and a network of entrepreneurs, investors and industry experts.
“At Masters’ Union, we’ve built a structured ecosystem that combines financial support, mentorship, industry access, and a rigorous founder development process to reduce avoidable mistakes and help entrepreneurs focus on what truly matters-building products, finding customers, and creating lasting businesses,” Saksham Kotiya, Head, Entrepreneurship & Investments, Masters’ Union, said.
As part of the programme, fellows will also attend monthly sessions with startup founders, venture capitalists and corporate leaders to receive practical guidance and mentorship. They may also have an opportunity to interact with Masters’ Union Founder Pratham Mittal for advice on their ventures, subject to availability, the statement mentioned.
