The Runway Startup Postdoc Program is part business school, part research institution, and part startup incubator. Based at the Jacobs Technion-Cornell Institute, Runway ushers recent PhDs in digital technology fields through a paradigm shift — from an academic mindset to an entrepreneurial outlook. Startup Postdocs arrive with ideas for unproven products and markets that require time and specialized guidance to develop. The program lasts 12–24 months and incorporates academic and business mentorship. Runway provides an impressive package valued at $175,000 in the first year and $102,000 in the second year, which includes a salary, research budget, housing allowance, space, and more.