Information

MIT Solve is an initiative of the Massachusetts Institute of Technology (MIT) that aims to drive innovation to solve world challenges. It connects tech entrepreneurs with a platform that provides resources, mentorship, and funding to help them develop and implement lasting solutions to global problems. Entrepreneurs benefit from a network of industry experts, access to MIT's vast resources, and opportunities for global exposure and collaboration.

How to Apply

To apply for MIT Solve, entrepreneurs need to participate in the Solve Challenges, which are announced annually. Applicants must submit their solutions online through the Solve platform, detailing how their technology-driven solution addresses a specific global issue. The application process involves multiple stages, including initial submission, refinement, and pitching before a panel of judges. Winners receive funding, mentorship, and access to MIT's network to scale their solutions.

Total number of startups invested: 8

Average Funding: The funding varies, but finalists can receive up to $50,000 in grant funding, along with additional resources and support from partners.

Industry: MIT Solve focuses on technology-driven solutions in various industries, including education, healthcare, sustainability, and economic prosperity.

Market: MIT Solve operates globally, welcoming applicants from all countries.