/CO-BUILD FELLOWSHIP
Fellowship costs, equity & support
The Utopia Studio’s Co-build Fellowship uses bespoke equity terms. There is no universal public equity rate: the percentage is agreed for your venture in the Fellowship Summary Sheet. The published terms describe a six-month collaboration, a USD 7,000 stipend, and up to USD 2,000 in approved compute and tooling support.
Updated
Understand the full arrangement.
The figures below describe support provided to the Fellow, not a subscription price charged to the Fellow. Equity and other obligations are set by the signed Co-build Fellowship Agreement and Fellowship Summary Sheet.
Scroll the table sideways to read every condition.
| Term | Published position | Condition |
|---|---|---|
| Studio equity | Bespoke percentage | Agreed for your co-build in the Fellowship Summary Sheet. |
| Fellowship term | Six months | Runs from the effective date. |
| Stipend | USD 7,000 | Paid during the term in no more than two instalments; timing and method determined by the Studio. |
| Compute & tooling reserve | Up to USD 2,000 | Requires a written request and written Studio confirmation. |
| Follow-on investment | Discretionary | The agreement does not guarantee investment. |
Equity, support, and obligations.
Do I have to be in Doha?
Not full time — but kick-off, graduation, and at least one key ecosystem event are in Doha.
The required in-person moments are the kick-off sprint, graduation sprint, and at least one key ecosystem event. The Studio may request other Doha attendance with at least five business days written notice. Fellows are responsible for their own visa or right-to-work requirements and related costs; visa support is not guaranteed.
How much equity does The Studio take?
A bespoke percentage recorded in your Fellowship Summary Sheet.
There is no universal public equity rate. Your Studio Equity percentage is agreed for the specific co-build and recorded in the Summary Sheet. It is issued to the Studio or its nominee in the HoldCo under the timing and mechanics set out in your agreement.
When does the equity obligation begin?
At the earliest of Month 2, material Studio investment, or starting a financing.
The Trigger Event is the earliest of two months after the effective date, a Material Investment of Assets by the Studio, or the venture initiating a financing. The HoldCo incorporation and Studio Equity issuance are then due within 30 days. These obligations can survive termination and may apply to an aligned venture formed within 12 months, as detailed in the agreement.
Is there a stipend?
USD 7,000, paid in no more than two instalments, plus up to USD 2,000 for approved compute and tooling.
The USD 7,000 stipend is paid during the term in no more than two instalments, with timing and method determined by the Studio. A compute and tooling reserve of up to USD 2,000 is available only after a written request and written Studio confirmation. Both are non-repayable capital investments, not salary or remuneration, and do not require expense reporting.
Does the agreement guarantee follow-on investment?
No. It gives the Studio or its affiliates a discretionary right to invest in the first two rounds.
The Studio and its affiliates are not obligated to invest. They have an option in each of the first two financing rounds to invest up to USD 1 million, capped at 30% of that round, under the agreement's 20% discount mechanics. The agreement also sets out pro-rata rights for later rounds.
Is housing provided in Doha?
It may be offered on a best-endeavours basis, subject to availability — it is not guaranteed.
Accommodation, workspace, and ecosystem access may be provided at the Studio's discretion and subject to availability. These benefits are non-cash, non-transferable, and limited to the Fellowship term. Any confirmed arrangement will be communicated separately.
Who owns the IP and the concept?
The Fellow owns it before incorporation; the HoldCo owns it after incorporation.
Before incorporation, the Fellow owns the concept IP. Once the HoldCo is formed, that IP must be assigned to the HoldCo. The Studio retains a non-exclusive, royalty-free, perpetual worldwide licence for internal learning, portfolio, and programme purposes. Studio-built code, models, and tools may be licensed perpetually to the HoldCo subject to the Studio Equity conditions, with future hosting, maintenance, and development paid by the HoldCo.
Confirm the terms for your venture.
Product access, infrastructure use, and ongoing costs should be confirmed for your engagement. The Studio does not publish a universal price list for every product or partnership.
This page summarises the existing published Fellowship guidance. Your signed agreement and Fellowship Summary Sheet control if anything differs.
