Meet milestones on your startup idea this summer, and get up to $20K in return! It's all part of MIT's summer program for student entrepreneurs, the MIT Founders' Skills Accelerator (FSA).
The program, now in its 2nd year, includes these features:
- Teams set milestones at the beginning of the summer, and can be awarded up to $20,000 for meeting the milestones.
- An advisory board (a simulated board of directors) for each team meets monthly to make sure teams are on track.
- A specialized educational program and a network of mentors work to keep teams moving forward.
- $1,000/month fellowships for eligible MIT students (for living expenses).
The MIT Founders' Skills Accelerator is an initiative throughout all of MIT's schools, with resources provided by the MIT Skoltech Initiative, Martin Trust Center for MIT Entrepreneurship, Deshpande Center for Technological Innovation, MIT Venture Mentoring Service, MIT Technology Licensing Office, Gordon-MIT Engineering Leadership Program, MIT Media Lab Entrepreneurship Program, SUTD-MIT International Design Centre, and more!