- Teams must contain at least two members and no more than five members.
- All team members should be founders or founder-level (don’t list interns or others who are not committed to becoming full-time entrepreneurs through this project).
- At least one team member must be a current student in an MIT degree-granting program as of February 2022.
- A post-doc will be counted as an MIT student for the purpose of participating in delta v.
- For this application process, MIT students who graduate in February or June of the current year are considered current MIT students.
- Traditionally, teams must commit to working full time in the MIT delta v office space in the Martin Trust Center or the NYC Startup Studio in New York City for the duration of the summer and present at Demo Day events in September.
- MIT delta v 2022 will be held in person out of the Trust Center at MIT.
We will not host a separate cohort in NYC this year, but teams will still have access to our NYC-based network of contacts.
(Should conditions change, delta v would take place in a virtual or hybrid setting, similar to 2020 & 2021.)
- Teams must have demonstrable experience and understanding of the entrepreneurial process and must demonstrate familiarity with common frameworks including disciplined entrepreneurship, lean startup, business model canvas, and the like.
- Teams CANNOT simultaneously take part in MIT delta v and any other accelerator or incubator program.
- Teams must be working full-time on their venture.
- Past participants in the MIT delta v accelerator (under its current or past names) are not eligible to apply.
- Team members from past years may apply if they are working on a new venture.
- Teams must disclose in their application all sources of funding that the team has received.
- Teams agree to suspend all fundraising activities until after Demo Day in September.
- There are no restrictions on whether a team has funding going into MIT delta v, however, be advised that we are looking for teams that can significantly gain from the program; we’re not just taking the teams that are the closest to being full-fledged companies.
Applications are scheduled to open on Tuesday, March 1, 2022. The deadline will be at the end of March (exact date TBA asap).
The application will not be exactly the same as last year’s, but if you would like a general overview of what we ask, please click to download a pdf copy of the MIT delta v 2021 application form.
- Applicants shall fill out an on-line application form in which they will outline details about:
- their idea
- the problem they are trying to solve
- how they were inspired to solve this problem
- their proposed solution
- how they believe this solution might support a sustainable, stand-alone business
- We will ask for information about each individual co-founder who will be applying to the program.
- Applicants must also upload a one-minute video to YouTube, Vimeo, or a sharable cloud-based link.
- This 60-second video should contain two elements:
- Team – who you are, what you do, why you’re on the founding team (each member should be included in the clip if possible)
- Idea – provide an elevator pitch about the problem you are trying to solve, your proposed solution, and why you feel passionate about this
- The applications will be reviewed by members of the Trust Center team and Managing Directors of the delta v program.
- A subset of teams may be invited to interview with us during our review phase in early April.
- Whether or not we request an interview with your team has no bearing on your eventual acceptance status.
- Teams will be notified of their acceptance status no later than mid-April.