Foundry Accelerator 2026

About

Foundry is a student-run startup accelerator at Carnegie Mellon University that selects seven teams to support in building revenue-generating ventures, offering mentorship and networking opportunities without taking any equity.

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
• 📈Proven success — Foundry-affiliated teams have raised over $11M

Eligibility Criteria

• Must be a revenue-generating company currently operating
• Must be a team of founders
• Must be building a venture-scale business
• Open to various industries including software, hardware, and medical

Participation Commitments

• ⏰ 30+ hours a week commitment from each founder
• 📅 Interviews run on a rolling basis
• 📝 Application review is ongoing until the deadline

Target Region

United States, specifically at Carnegie Mellon University

Target Sector

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