Propellant Ventures Fellowship Program

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.

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.

Designed for Investors, Operators, Researchers. Participation is generally part time.

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.

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.

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.