Program · Fellowship

Propellant Ventures Fellowship Program

Propellant Ventures Fellowship Program is Propellant Ventures' fellowship offering support for early-stage B2B tech companies in the Midwest.

FellowshipPre-seedSeedB2B CommerceHealthcareEdtech

Overview

What Propellant Ventures Fellowship Program offers

What Propellant Ventures Fellowship Program is

Propellant Ventures is an early-stage venture capital firm founded in 2020 and based in Chicago, Illinois. The firm primarily serves seed-stage tech companies across the Midwest region, with particular emphasis on underserved markets. While the firm maintains an active investor network and portfolio support system, a dedicated formal fellowship program was not identified through public sources.

Operational profile

Program status and context

Program status describes the program itself. Application availability and deadlines remain separate.

Operational status
Active
Program type
Fellowship
Host organization
Propellant Ventures
Last reviewed
June 17, 2026

Terms and economics

Published program terms

Investment
$250,000
Price
Unknown
Compensation
Unknown

Compensation and economics

Compensation type is unknown, with no disclosed stipend or carry offered.

Focus and fit

Who the program is for

Program thesis

Propellant focuses on early-stage B2B technology companies in the Midwest, especially Pre-Seed and Seed rounds. Its public criteria emphasize Midwest location, B2B focus, experienced founders/teams, product-market fit, and underserved regions, with check sizes framed at US$50,000-US$100,000 for Pre-Seed and US$100,000-US$500,000 for Seed.

Eligibility

No public eligibility page was found for prospective fellows. The only named Venture Fellow profile emphasizes substantial startup, investor-alliance, research, and due-diligence experience across multiple markets, suggesting the role targets experienced operators/researchers rather than undergraduate students.

Selection approach

No public fellow application page, deadline, application form, nomination path, or intake process was found. Propellant's site footer contains a 'Careers' label, but the public pages reviewed do not expose a current fellowship application.

Stages
Pre-seed · Seed
Audience
Investors · Operators · Researchers
Career stage
Mid Career · Senior

Format and cadence

How participation works

Main location
Chicago, Illinois
Engagement
Part Time

Participation expectations

The role is part-time, but specific time commitments are not disclosed.

Availability and engagement

Application timing and route

Application state
Not currently accepting
Admissions
Unknown

Value and support

What participation may provide

Publicly described support is context, not a guarantee of current delivery or future benefit.

What participants may receive

Practical venture-investing exposure through research and due diligence on prospective Propellant portfolio investments. Work adjacent to a Chicago/Midwest seed-stage fund that publicly emphasizes B2B companies, underserved regions, and active portfolio support across network expansion, business development, talent acquisition, and funding support.

Common questions

Program details at a glance

Propellant Ventures Fellowship Program is published in Upseed as a fellowship program hosted by Propellant Ventures. Upseed treats the Program and its host Organization as separate records so each can have its own status and sources.

Next step

Continue through the program ecosystem

Review the host organization, then continue through a verified sector, place, or related program when one is available.

Source and update disclosure

Know what this page is based on

Source basis

Public organization and program material, official websites, and structured Upseed records.

Last reviewed

June 17, 2026

Known limits

Terms, deadlines, and application states can change. Confirm current details at the published destination before acting. Upseed does not yet classify every Program destination as official.

Upseed is an independent guide. It is not affiliated with, endorsed by, or the official representative of this program or its host.