The Miller Fellowship

The Miller Fellowship

Raleigh, NC
NC State University

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The Concept

The stipend is intended to provide entrepreneurs with enough resources for “rent and ramen noodles”.

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Who's it for?

Committed NC State students who are about to graduate and intend to start a business right out of college and stay in the Raleigh area

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What problem does it solve?

The first six months after graduation can be the most challenging time in a student entrepreneur's life due to the lack of income that they are receiving since they are a full-time business owner.

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How does it help?

The Miller Fellowship gives select students a stipend of $500 a month for six months to live off of while their business is starting to thrive.

Program Overview

The Miller Fellowship program is an opportunity for students graduating with their bachelor’s degree in any academic area of study to continue developing their startup venture after graduation. The fellowship time period is from June 1 to Nov. 30, with a $500 stipend paid monthly to the fellow. The stipend is intended to provide entrepreneurs with enough resources for “rent and ramen noodles” to bridge the gap between graduation and starting a company. The goal of the Miller Fellowship program is to increase the success rate of promising companies by providing short-term salary and new venture support to new graduates who would otherwise not have the financial means to do so. The fellowship operates using a holistic approach, providing guidance and support not only for the venture but, most importantly, for the fellow.

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