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Program

Project Olympus

Supports Carnegie Mellon affiliated founders through an incubator route from idea to launch readiness.

James R. Swartz Center for EntrepreneurshipUnited StatesGrant

Project Olympus is CMU's primary startup incubator, providing mentoring, micro-grants (Spark Grants), incubator space, and networking connections to CMU faculty, students, alumni, and staff turning research or ideas into companies. Teams are accepted at any stage, from concept to business creation. At least one team member must be a CMU affiliate (faculty, staff, undergraduate, graduate student, postdoc, or alumni). Applications are rolling with no fixed deadlines, via the Pralent portal. The program has a strong track record: supported companies have raised over $1 billion in follow-on funding, with 22 exits including Duolingo.

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No upcoming rounds verified. Cadence: Rolling.

Last verified: 28 May 2026Source: www.cmu.edu