Eight student-led teams hoping to launch ventures ranging from real estate development, to urban diagnostics, to novel design solutions for schoolchildren have been selected as the inaugural cohort for DesignX, the new entrepreneurship accelerator from MIT’s School of Architecture and Planning (SA+P).
Fifteen teams gathered at the MIT Media Lab on Saturday to present their ideas to a selection panel drawn largely from outside MIT. The teams included students, faculty, and alumni from every unit of SA+P, joined by others specializing in engineering, business, and computer science.
Of these, eight teams were chosen to participate in DesignX, which will provide support via targeted courses, external mentorship, $15,000 in equity-free seed funding, and a robust network to help students take their ideas in the areas of architecture, planning, art, media, and real estate from the studio to the marketplace.
Read the full story at MIT News.