An intense entrepreneurship work/study program for Stanford undergraduates and co-term students.
The Mayfield Fellows Program (MFP) offers an unparalleled opportunity for students to develop theoretical understanding, practical knowledge and leadership skills needed for starting and growing technology companies. Each year 12 students are selected to participate in this nine-month program, combining a sequence of courses, mentoring and networking activities, and a paid internship at a Silicon Valley startup.
MFP provides a select group of Stanford students with a comprehensive entrepreneurship education in the key principles of leadership, innovation, strategy and creativity. The program runs from April to December, and includes a sequence of courses on the management of technology ventures, as well as a world-class paid internship opportunity during the summer.Throughout the program, students also learn directly from other engineering faculty, startup founders, and venture capitalists from the community.
Enrollment is limited to a dozen outstanding Stanford undergraduate or co-term students from any discipline or major. The application period runs from early January through early February, and new Mayfield Fellows are announced in March.Although not required for participation in the Mayfield Fellows Program, students are strongly encouraged to enroll in MS&E 472: Entrepreneurial Thought Leaders Seminar, during the spring and autumn quarters.
View over 200 Mayfield Fellows Program alumni.
Mayfield Fellows take paid internships with innovative early-stage companies during the summer session, allowing each Fellow to demonstrate his or her innovation, analytic and design skills on high-impact projects. As part of the internship experience, we require each Fellow to be assigned a senior level mentor within the company (e.g., CEO, VP, or founder).
Although another employee may supervise a Fellow, it is critical that each Fellow have a senior internal sponsor concerned with his or her welfare, and who is willing to meet one-on-one with the student to check progress and goals. Participating companies typically pay Fellows approximately $10,000 during the summer internship for three months of work, although the exact amount is flexible.
Participating companies also participate in MFP-sponsored activities during the program. For example, each company hosts a summer open house for the other Fellows in the cohort, and during autumn quarter, employers may participate as guest speakers or case participants in the course.
In all aspects of these activities, STVP protects the intellectual property of companies in a professional manner. Our mission is to expose Stanford students to the reality of the entrepreneurial process in a variety of high technology ventures, not to put participating companies at risk.In order to qualify as a mentor company for the Mayfield Fellows Program, your company must:
Interested companies may apply by completing the short online application, available below from April through early June. Companies that apply to be MFP employers are not guaranteed to have their offers of employment accepted by a Fellow.