a16z Speedrun Launches Alpha Fellowship with Up to $250,000 in Support

According to Huoxing Finance, a16z-related project Speedrun has launched the Alpha Fellowship, with applications closing on October 11. The program targets highly technical students, dropouts, and recent graduates, supporting builders at the earliest stage. Based in San Francisco, it is operated by the Speedrun team in collaboration with EO Ventures. The Founder Track offers up to $250,000 in investment, over $1 million in partner credits (including AWS, GCP, Azure, OpenAI, Anthropic, Cursor, etc.), automatic final interview at Speedrun (up to $1 million in investment), office hours, co-working space, and an 8-week in-person experience (January 11 to March 5). The Talent Track provides a 4-week in-person experience (February 8 to March 5), featuring introductions to portfolio companies, office hours, fireside chats, and co-working space. Speakers and mentors include a16z co-founder Marc Andreessen, Substack founder Chris Best, a16z general partner Andrew Chen, and EO Ventures founding general partner Roland Fryer. Investment terms consist of a $150,000 SAFE for 5% equity plus a $100,000 follow-on investment within 18 months. The program is open exclusively to software engineers with full-time work authorization in the U.S.; students may apply but must commit to full-time participation.