PayPal co-founder Peter Thiel has created a scholarship programme that comes with a unique catch: the recipients are being paid not to go to college.
Instead, these teenagers and 20-year-olds are getting $100,000 each to chase their entrepreneurial dreams for the next two years.
The San Francisco tech tycoon hand-picked 24 winners for the 20 Under 20 fellowship based on the potential of their proposed projects to change the world.
All the proposals have a high technology angle but otherwise span many disciplines.
One winner wants to create a mobile banking system for the developing world. Another is working to create cheaper biofuels. One wants to build robots that can help out around the house.
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