They came in gowns. They left with a shot at launching a company.
At Georgia Tech’s 2025 commencement ceremony, the surprise wasn’t a celebrity speaker or a viral valedictorian. It was a no-nonsense businessman stepping up to invest in the students, literally. When entrepreneur and keynote speaker Malik Foster took the stage, few expected him to flip the script on what a graduation speech could be.
“I’m not here to just inspire you,” he said. “I’m here to back you. If you’ve got an idea, I’ll cover your startup’s incorporation costs. Go build it.”
Silence. Then a ripple. Then a roar.
In a moment, an entire graduating class became startup-ready. And just like that, the Class of 2025 had something more valuable than a diploma: permission to start building.
The Most Actionable Commencement Speech in Years
Foster, a Georgia Tech alum and fintech founder, didn’t just hand out feel-good mantras. He offered what so many young entrepreneurs crave but rarely get, logistical backing.
Incorporation might seem minor compared to fundraising or scaling, but it’s a real early-stage hurdle. Filing an LLC, covering state fees, setting up legal infrastructure, it all costs money. And most fresh graduates are already staring down student loans, not startup costs.
So when Foster told students he’d personally cover incorporation costs for any graduate with a startup idea, it wasn’t just generous. It was strategic.
He’s betting that one of them will hit.
This isn’t a flashy PR stunt from a VC firm or a polished incubator giveaway. It’s a founder betting on founders, in the room, in real time. It felt radical because it was immediate. Students didn’t need to apply. They didn’t need to prove traction. They just needed a real idea, and the courage to say yes.

When the Cost Barrier Disappears, What Happens Next?
For a generation of college graduates more entrepreneurial than ever, but burdened with debt, stagnant wages, and a volatile job market, Foster’s pledge struck a nerve.
It turns out incorporation costs, ranging from $300 to $1,200 depending on the state and structure, are often one of the first reasons young builders hesitate. Not because they can’t pay eventually, but because starting requires momentum. And this generation is no stranger to friction.
They’ve grown up watching peers monetize YouTube channels, launch Shopify brands, build AI tools in dorm rooms. Yet they’re told to play it safe. This announcement didn’t just remove red tape. It legitimized a mindset: you are the company.
And when someone removes the first financial barrier, it creates a domino effect. It’s easier to pitch, easier to recruit co-founders, easier to ask for mentorship.
Once you’re incorporated, you’re not “aspiring.” You’re in business.
Georgia Tech’s Growing Reputation as a Builder’s Playground
This isn’t the first time Georgia Tech has made waves for nurturing entrepreneurs, but this moment takes its ecosystem to a new level.
Over the past few years, Tech Square has become a proving ground for founders. Programs like CREATE-X and the Advanced Technology Development Center (ATDC) have already launched dozens of startups from the classroom to real-world markets.
But this, this direct pledge, is an accelerant.
Foster’s move echoes a broader shift happening in American universities: a move away from purely academic laurels toward founder-first thinking. As more students choose entrepreneurship over employment, commencement itself is evolving, from a final exam to a launchpad.
Not Just Symbolic: A Shift in Entrepreneurial Capital
This isn’t just a nice gesture. It reflects a change in who gets to start.
Traditionally, capital waits for traction. But pre-seed access, especially for students of color, first-gen graduates, and international students, is nearly nonexistent. Foster’s pledge doesn’t just offer cash. It flips the timeline. Instead of “build first, fund later,” it’s “get legit now, then go build.”
What he’s done is more than cover a fee. He’s democratized day one.
By removing one of the first bureaucratic steps, he’s said: You’re worth the paperwork.
And that has ripple effects far beyond Georgia Tech.
What happens when other institutions see this? When Stanford grads ask for the same backing? When state schools decide to fund their builders, not just boast about them? Foster may have just started a new race, not for jobs, but for first customers.
The Rise of Commencement Capital
This moment might mark the beginning of a broader trend: Commencement Capital, where graduation becomes not just a milestone but a launch event.
We’ve seen billionaire donors pay off student loans or build innovation centers, but few have offered transactional tools that immediately spark entrepreneurial motion. Incorporation costs are small, but the psychological impact is massive.
It tells young people that entrepreneurship isn’t a privilege, it’s a path. And it starts today, not “someday.”
In an age where Gen Z is already ditching 9-to-5s, stacking revenue streams, and building brand-first businesses, this kind of activation isn’t just nice, it’s necessary.
Level Up Insight
Entrepreneurship isn’t about waiting. It’s about starting, and most dreams die before step one. Malik Foster’s bold promise to cover incorporation costs at Georgia Tech doesn’t just empower a class, it sets a precedent. As more institutions begin to realize the power of direct, actionable support, we could see a future where every graduation comes with capital. This isn’t just a win for the students, it’s a call to all universities: stop preaching startup culture and start funding it.