Think about the smartest teenager (under 20) you know. Is this person passionate about science, technology, or entrepreneurship? If so, talk to him or her about starting a business or developing an invention or breakthrough. The 20 under 20 Thiel Fellowship offers $100,000 grants and lots of advice to smart innovators who are ready to pursue their dreams. It costs nothing to apply, and the deadline is December 31.
http://www.nytimes.com/2012/09/16/business/the-thiel-fellows-forgoing-college-to-pursue-dreams.html