British Teenager Lands Tech Grant
British teenager Andrew Brackin has landed a £67,000 grant to live in San Francisco while he works on his own tech idea.
The 18-year-old Londoner is one of 20 young entrepreneurs to be sponsored by Peter Thiel, co-creator of Paypal and one of the earliest backers of Facebook.
In return, Brackin must skip university and any formal studies for at least two years.
He will use the cash to develop Bunchy, an online platform which lets charities and other organisations raise money for their audience on websites and social networks.
He said: "It was essentially the Apprentice on steroids.
"I got through to the semi-finals where there was a Skype call and interviews and then the finals where they flew us out to California and we had to present our ideas on stage in front of all these important people from Silicon Valley."
Finalists had to make their presentation without written notes in front of an audience at the Yerba Buena Centre in San Francisco.
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