Apply for the

Thomas Mollick Scholarship for Entrepreneurs

Are you an undergraduate student with a passion for innovation, a hunger to build something of your own, and the drive to turn ideas into impact? The Thomas Mollick Scholarship for Entrepreneurs offers a $1,000 award to one outstanding student who embodies the spirit of entrepreneurship. Submit your original essay for a chance to earn financial support—and recognition—for your vision and ambition.

Scholarship Overview

Established by Thomas Mollick—President and Co-Founder of Rx Development—this annual scholarship supports the next generation of business builders. Recognizing that great ventures often start with a single bold idea, the program aims to reduce financial barriers for undergraduates actively pursuing entrepreneurial paths. The scholarship is one-time, non-renewable, and open to students enrolled in accredited U.S. colleges or universities.

Criteria

To be eligible, applicants must:

  • Be currently enrolled as an undergraduate student at an accredited U.S. college or university
  • Demonstrate a clear interest in or active pursuit of a career in entrepreneurship
  • Submit an original, thoughtful essay responding to the prompt below

Essay Prompt:
“Describe your entrepreneurial journey so far—whether it’s a business you’ve launched, an idea you’re developing, or the vision that drives you. What problem are you solving, and why does it matter? How do you plan to make an impact as a future founder?”

Essays must be 500–1,000 words, written in English, and submitted as a PDF or Word document. Plagiarism or AI-generated content will result in disqualification. Submissions will be judged on originality, clarity of vision, passion for business, and quality of writing

Amount

One time award of $1,000

Deadline

The deadline to apply for the scholarship is September 15, 2026

Winner Announced

The winner of the scholarship will be announced on October 15, 2026

How to Apply

To be eligible, applicants must:

  • Be currently enrolled as an undergraduate student at an accredited U.S. college or university
  • Demonstrate a clear interest in or active pursuit of a career in entrepreneurship
  • Submit an original, thoughtful essay responding to the prompt below

Essay Prompt:
“Describe your entrepreneurial journey so far—whether it’s a business you’ve launched, an idea you’re developing, or the vision that drives you. What problem are you solving, and why does it matter? How do you plan to make an impact as a future founder?”

Essays must be 500–1,000 words, written in English, and submitted as a PDF or Word document. Plagiarism or AI-generated content will result in disqualification. Submissions will be judged on originality, clarity of vision, passion for business, and quality of writing.

Applying is simple! Follow these steps by September 15, 2026:

  1. Write your essay (500–1,000 words) responding to the prompt above.
  2. Save your essay as a PDF or .doc/.docx file.
  3. Email your submission to: [email protected]
    • Subject line: “Thomas Mollick Scholarship Application – [Your Full Name]”
    • Include in your email:
      • Your full name
      • Name of your college/university
      • Current year of study (e.g., sophomore, junior)
      • A valid phone number
      • Your essay attachment

Incomplete applications or those received after the deadline will not be considered. The winner will be notified by email on October 15, 2026, and announced on our website and social channels.