Initiatives

Sector Practice Leaders

Sector Practice Leaders (SPL) help to address the unique challenges different industries present to entrepreneurs. While broad-based entrepreneurship education is useful, there is an additional need to provide knowledge to address key obstacles faced when starting companies in specific industries.

Our SPL program focuses on five different industries. Student leaders for each sector were selected through a competitive process to develop plans and implement comprehensive, integrated, and cutting-edge programs such as advanced classes, active student clubs, annual conferences, business plan contests, hackathons, regular social events, guest speakers, and more.

t=0

t=0 is a week of celebration for MIT Innovation and Entrepreneurship taking place in September of 2016.

MIT is known worldwide for innovation and entrepreneurship. t=0 is an event and exhibition that brings together MIT student clubs, startups, and organizations to showcase innovation and entrepreneurship in different sectors. MIT students from all MIT schools are invited to come discover some of the compelling work being done across industries, and to learn from other students how they can get involved in the MIT innovation scene.

MIT fuse

MIT fuse (formerly known as StartIAP) is a three-week intensive program open to any MIT student interested in immersing themselves in the startup experience. It runs during the Independent Activities Period in January. Students and teams will be working full-time on a startup venture in our co-working space at the Martin Trust Center and will learn key concepts, get one-on-one coaching, and have access to unlimited coffee and ramen noodles.

MIT delta v

MIT delta v is MIT’s student venture accelerator, providing a capstone educational opportunity for MIT student entrepreneurs that prepares them to hit escape velocity and launch into the real world.

MIT delta v takes the best teams with an interesting idea or proof of concept focused on creating impactful, innovation-driven startups. Teams are chosen from across MIT’s schools as well from select global university partners.

Entrepreneurship Internship

The Entrepreneurship Internship is a paid summer internship program open to ALL undergraduates at MIT and provides an immersive work experience at a startup founded by MIT delta v, MIT GFSA, or Beehive alumni. Students will be working side-by-side with the founding team and have an opportunity to work on meaningful projects, receive one on one mentoring, and determine if startup life is for you.

Awards

MIT recognizes and rewards student excellence in entrepreneurship through several awards overseen by the Martin Trust Center.

  • The McGovern Award is given at each year’s MIT Awards Convocation to an individual or team that has made a significant impact on the quality and overall spirit of entrepreneurship at the Institute in close collaboration with the Trust Center. The objective of the award is to motivate future student leaders, raise the profile of student-led organizations and reward individuals for outstanding achievement in building entrepreneurial excellence.
  • The Heller Grant is presented annually by the Martin Trust Center for MIT Entrepreneurship to a student group or individual students who make a significant impact on the quality and overall spirit of entrepreneurship at the Institute in close collaboration with the Trust Center.
  • The Monosson Prize for Entrepreneurship Mentoring, created to honor the memory of MIT graduate Adolf F. Monosson ‘48, recognizes entrepreneurship mentors who have committed their time, energy, and/or capital to future generations of entrepreneurs. Established at the MIT Sloan School of Management and made possible by Mr. & Mrs. William S. Grinker ‘56, the award continues Monosson’s mission of providing mentoring to will-be entrepreneurs. Monosson provided 55 years of valuable advice and counsel to classmates, clients, competitors, friends and students on starting and building entrepreneurial enterprises. He created more than ten businesses in the finance, publishing, computer, and leasing industries. Monosson also invested his time and capital in many other startup enterprises and mentored hundreds of existing and will-be entrepreneurs on the personal skills necessary for success.

MEMSI – MIT Entrepreneurship and Maker Skills Integrator

MEMSI is a two-week long, fully immersive mini-accelerator for aspiring hardware system innovators from universities in Hong Kong and MIT taking place twice annually in January and June.

This program is designed for students in their third year of undergraduate study and above who want to build up their skills in entrepreneurship, hardware making, and product development for connected devices with an Internet of Things (IoT) flavor. In two action-packed weeks, student teams will:

  • Work together to choose a customer problem to solve, understand the customer, come up with a solution, then build a prototype of this solution using advanced prototyping techniques.
  • Build skills that will help them launch successful businesses later in life, including the Disciplined Entrepreneurship framework, Design Thinking, advanced maker skills, and more.
  • See how mass production happens in real life during factory tours in Shenzhen, China.
  • Present their business ideas and working prototypes to a panel of entrepreneurs, investors, industry thought leaders, alumni, and friends on Demo Day.

MEMSI is powered by the MIT Hong Kong Innovation Node, the Martin Trust Center for MIT Entrepreneurship, Project Manus, the MIT MISTI China Program, and the MIT Innovation Initiative.