The Bessemer Fellowship Program was a selective summer internship opportunity for high-performing third-year undergraduate students interested in pursuing careers in engineering, product, or data science. The program placed fellows at Bessemer-backed portfolio companies for immersive, 8-12 week summer experiences. As of 2024-2025, the Bessemer Fellowship Program is currently paused and being reimagined as part of Bessemer Venture Partners' evolving talent-related initiatives. The firm announced that the program, which had been running successfully for multiple cohorts, is undergoing strategic redesign. Historically, the Bessemer Fellowship Program operated as a comprehensive introduction to the startup and venture capital ecosystem. Fellows worked directly at Bessemer portfolio companies in engineering, product, or data science roles, gaining firsthand experience building products and contributing to real business challenges. In addition to their primary placement, fellows had opportunities to shadow Bessemer's investment and operations teams, providing exposure to the venture capital side of the business. The program included social events, thought leadership sessions, and one-on-one career guidance from program leadership.