The Penn ELITE Fellowship is a joint collaboration with Penn Health-Tech, the University of Pennsylvania's hub for health technology innovation.
What You'll Gain
Guidance from leading investors, entrepreneurs, and industry professionals
Gain insights through hands-on workshops and instructional training
An annual salary of over $60,000, plus healthcare and benefits.
Application Timeline
Applications Open
December 13, 2024
Information Session
January 14, 2025
Application Deadline
January 31, 2025
Finalists Interviews
February 19-21, 2025
Notification of Selection
March 5, 2025
Fellowship Starts
August 2025
Fellowship Ends
July 2026
Upcoming Events
Tuesday, January 14, 2025
4 - 5:30pm EST
Tangen Hall
4 - 5:30pm EST
Tangen Hall
Frequently Asked Questions
Who is eligible to apply for the fellowship?
The Fellowship is open to recent Penn graduates or students who will graduate by May 2025. Applicants must hold a recent MD, PhD, or MBA degree—or have equivalent experience in health technology, entrepreneurship, or a related field—commit to the full-time, one-year program, reside in the Philadelphia region for the duration of the fellowship, and attend all mandatory program sessions.
How many fellowship positions are available each cycle?
We anticipate filling up to four Fellowship positions for this cycle.
What is the work format for the fellowship—hybrid, in-person, or remote?
The Fellowship is conducted in person on Penn’s campus
How are projects assigned, and do fellows have input in their selection?
Fellows will be matched with projects within Penn’s health-tech portfolio based on their interests and suitability for the team. They will take on the role of entrepreneurial lead for their assigned project during the duration of the Fellowship.
We are proud to collaborate across Penn’s world-class schools to provide novel, interdisciplinary education to the next generation of health-tech leaders. The Elite Fellowship will play a critical role in preparing innovators to address the challenges and opportunities in healthcare today.
Katie Reuther, Executive Director, Penn Health-Tech
The collaboration between Wharton, PSOM, and Penn Engineering is creating a dynamic opportunity for entrepreneurial minds to thrive. This Fellowship will not only enable participants to refine their leadership skills but also foster the innovation that will shape the future of healthcare.
Lori Rosenkopf, Vice Dean of Entrepreneurship, The Wharton School
Philadelphia needs a dedicated platform to train the next generation of leaders in health technology. The Elite Fellowship will serve as a springboard for the future CEOs, CTOs, and CMOs who will lead the next wave of healthcare innovation.
Trang Pham, Executive Director, Venture Lab
The Elite Fellowship is an exceptional opportunity for individuals looking to fast-track their careers in health technology. With access to Penn’s robust ecosystem and the guidance of our industry partners, Fellows will be positioned to make a tangible impact in the health-tech space.
Dr. Brian Litt, Professor of Neurology, Neurosurgery, and Bioengineering at Penn
Penn’s hub for health technology innovation
Launched in 2017, the Penn Center for Health, Devices and Technology, known simply as Penn Health-Tech, was established as a collaboration between the Perelman School of Medicine, the Penn Engineering, and the Office of the Vice Provost of Research. Penn Health-Tech empowers Penn and CHOP innovators to create and develop transformative medical devices and health technologies.
Launched in 2017, the Penn Center for Health, Devices and Technology, known simply as Penn Health-Tech, was established as a collaboration between the Perelman School of Medicine, the Penn Engineering, and the Office of the Vice Provost of Research. Penn Health-Tech empowers Penn and CHOP innovators to create and develop transformative medical devices and health technologies.
Participating Schools
Fellows will engage in a dynamic educational experience that covers healthcare and devices (PSOM), entrepreneurship and innovation (Wharton), and cutting-edge engineering technologies for health (Penn Engineering). The program also includes seminars led by leaders in the health-tech ecosystem, offering firsthand insight into academia, venture capital, industry, and regulatory environments.
At Penn Engineering, world-acclaimed faculty, state-of-the-art research laboratories, and highly interdisciplinary curricula offer students an unparalleled experience.
Students receive training in the nationally acclaimed hospitals of the University of Pennsylvania Health System, a network of medical facilities known for a dedication to high-quality patient care.
The Wharton School is globally recognized for intellectual leadership across every major discipline of business education.
The Wolpows’ landmark gift, facilitated through the Arbour Way Foundation (“AWF”), will create vibrant programming focused on healthcare innovation and co-curricular learning and collaboration across the University of Pennsylvania.
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