IDEAS is an annual innovation and social entrepreneurship competition for MIT students and their collaborators. We enable students to apply their MIT education in real-world situations to tackle quality of life issues for people around the world. Winning teams receive up to $15,000 to launch their projects during a 15-month grant period.
Throughout the academic year, we offer students and their potential collaborators opportunities to meet one another at various events and share their ideas and expertise. Teams take part in an initial proposal review process, which provides feedback, staff support, and potential mentor matching.
Final entries are judged in the spring on their innovation, feasibility, and community impact by a panel of experts who represent the range of subject matter included in the submitted proposals.
Students and communities alike benefit from the IDEAS program. Students gain skills in proposal writing, teamwork, prototype development, communication, fieldwork, entrepreneurship, and innovation. Teams often leverage their award to attract additional investments and build social enterprises that make lasting contributions to human well-being in the communities being served.
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