Inaugural Thomas Mollick Scholarship Initiative Empowers Future Entrepreneurs Nationwide

Supporting the Next Generation of Entrepreneurs

The Thomas Mollick Scholarship for Entrepreneurs has officially launched its first award cycle, aiming to inspire and cultivate aspiring entrepreneurs across the United States. This initiative provides a $1,000 scholarship intended to foster innovation, leadership, and entrepreneurial spirit among undergraduate students. The scholarship is a testament to the commitment of Thomas Mollick, renowned co-founder of Rx Development, to invest in individuals passionate about bringing their entrepreneurial visions to life.

Purpose of the Scholarship

Thomas Mollick states, "This scholarship represents an investment in students who are ready to challenge conventions, solve meaningful problems, and create lasting impact through entrepreneurship." This initiative is designed to reward those who not only possess innovative ideas but also have the necessary drive and determination to turn those ideas into thriving businesses.

Who is Eligible?

The scholarship is open to undergraduate students currently enrolled at accredited colleges or universities in the U.S. Applicants are required to submit an original essay, responding to the 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 should be between 500 and 1,000 words, submitted in a PDF or Word format, and must be entirely the work of the applicant. Immediate disqualification will occur in cases of plagiarism or use of AI-generated content.

The Selection Process

Drawing from his personal experiences as a business student, Mollick recognizes the transformative power that early support can provide to budding entrepreneurs. He understands that appropriate backing can be instrumental in helping them navigate the complex landscape of business startups.

About Thomas Mollick

Thomas Mollick is a visionary entrepreneur and respected business leader who has made significant contributions to the healthcare services industry through his work at Rx Development. His career reflects a commitment to innovation, ethics, and community service. He strongly believes in promoting entrepreneurial initiatives that align with ethical practices and drive substantial change in various sectors.

Application Information

Students interested in this opportunity can find detailed information regarding eligibility, submission requirements, and application guidelines at Thomas Mollick Scholarship Website. The deadline for submissions is September 15, 2026, with the scholarship recipient being announced on October 15, 2026.

This initiative marks a notable step in encouraging the next generation of innovators and leaders, creating pathways for students who aspire to make a meaningful impact in the world of entrepreneurship.