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The MIT $100K Global Startup Workshop (GSW) is the premier conference for organizers of business plan competitions. The GSW has allowed the MIT $100K to develop the first global network of competitions, as well as to share expertise worldwide. Past GSWs have been co-hosted in Buenos Aires, Abu Dhabi, Cambridge (UK), Cambridge (USA), Beijing, Bologna, Singapore, Seville, and Melbourne. The tenth Annual MIT $100K Global Startup Workshop 2007 will take place in Trondheim, Norway.
In 2006 the MIT $50K Entrepreneurship Competition added an additional $50K to the prize money dedicated towards the social entrepreneurship track.
The 2006 MIT $100K GSW took place in Buenos Aires, Argentina.
The 2005 MIT $50K GSW took place in Abu Dhabi, United Arab Emirates
The 2004 MIT $50K GSW took place in Cambridge, UK
The 2003 MIT $50K GSW took place in Beijing, China
The 2002 MIT $50K GSW took place in Bologna, Italy.
Business plan competitions from all over the world have modeled themselves on the MIT $100K Competition and the MIT $1K Business Idea Warm-up Competition. Participants exchange best practices and learn how to use a business plan competition for economic development, technological dissemination, innovation, and global entrepreneurship education.
In 1998, Lead Organizer Sally Shepard ?8, launched the MIT $50K GSW in response to the large volume of requests for assistance in establishing and planting other business plan competitions around the world. Since then, representatives of international government agencies, private companies, and universities from around the world gather every year to exchange success stories and discuss the unique challenges of running business plan competitions.
The goals of the MIT $50K GSW:
- Educate new organizing teams about business plan competition best practices and entrepreneurship.
- Build the global network of business and share best practices for business plan competitions among different regions.
- Provide a forum for exchanging ideas and transfer of knowledge.
- Bring participants up to date on the state of entrepreneurship in the GSW host country.
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