Foundry Accelerator 2026

About

Foundry is a student-run startup accelerator at Carnegie Mellon University that selects seven teams each cohort, providing mentorship, networking opportunities, and no equity taken, aimed at founders building revenue-generating companies.

Benefits

• 🚀No Equity Taken
  Foundry takes 0% equity from participating teams.
• 🤝Access to Mentorship
  Founders receive guidance from experienced mentors.
• 💼Networking Opportunities
  Connect with other founders and industry professionals.
• 💰Funding Potential
  Foundry-affiliated teams have raised over $11M.

Eligibility Criteria

• Must be a student entrepreneur
• Building a venture-scale, revenue-generating company
• No equity taken

Participation Commitments

• 30+ hours a week commitment from each founder — Founders must dedicate significant time to their startup.
• Rolling interviews — Interviews are conducted on a rolling basis as applications are received.

Target Sector

Technology startups across various sectors including software, hardware, and medical

Target Location

United States, specifically for student entrepreneurs at Carnegie Mellon University