MIT Sandbox Innovation Fund Program
Opens Jan 5 2024 01:00 AM (EST)
Deadline Jan 16 2024 11:59 PM (EST)
Description

Welcome to the MIT Sandbox Portal! 

New to the portal? Please click Register to create an account, otherwise log in.

Existing Teams:

2024 Spring Self-Assessments begin this week (week of Apr 22).

Rolling Decisions commence as Self-Assessments are received with decisions sent weekly.

Are you a New Team applying for the first time? 

Applications for our Fall 2024 cohort will open around August 2024.

There is no Summer cohort for new applications.

Rolling Decisions commence as applications are received with decisions sent weekly.

EMBA led teams may only apply for $5k to $25k.

Non-EMBA teams may apply for any amount up to $25k.

Instructions for New Applicants (in Fall):

Congratulations on pursuing an entrepreneurial experience at MIT! Before you apply, please be sure to review eligibility requirements and program requirements.

A designated Primary Contact should complete the application for the team. Team members will be invited as collaborators and will receive an email invite to access the portal and enter their personal information.

To complete this application, the Primary Contact for the team will need the following:

A clear description of the problem that your idea addressesA clear, high-level description of the proposed solutionIf possible, identify your competition (companies, products, technologies or status quo)A very short description of your project that can be shared publiclyA description of the team members and their skillsA high-level project plan, including milestonesA description of achievements to dateTeams applying for $5K or more must provide a pitch deck. All other teams are encouraged but not required to provide a pitch deck.EMBA led teams may only apply for $5k and higherA budget plan showing how you will use your Sandbox funds.Refer to the Sandbox purchasing guidelines which lists permitted and prohibited use of fundsView sample team budgetBudget for early ideation teams: If you are in the early ideation stage, the focus is on market research and customer discovery, which typically does not have many associated costs. For your budget, consider what you would need to support that research. Perhaps you need to travel to meet a customer or you may need to hold a focus group session. Relative to software and other resources, there are many resources on campus you can leverage for free. Submitting a budget for $500 or less is acceptable.

If you have any questions, please email sandbox@mit.edu.

MIT Sandbox Innovation Fund Program


Welcome to the MIT Sandbox Portal! 

New to the portal? Please click Register to create an account, otherwise log in.

Existing Teams:

2024 Spring Self-Assessments begin this week (week of Apr 22).

Rolling Decisions commence as Self-Assessments are received with decisions sent weekly.

Are you a New Team applying for the first time? 

Applications for our Fall 2024 cohort will open around August 2024.

There is no Summer cohort for new applications.

Rolling Decisions commence as applications are received with decisions sent weekly.

EMBA led teams may only apply for $5k to $25k.

Non-EMBA teams may apply for any amount up to $25k.

Instructions for New Applicants (in Fall):

Congratulations on pursuing an entrepreneurial experience at MIT! Before you apply, please be sure to review eligibility requirements and program requirements.

A designated Primary Contact should complete the application for the team. Team members will be invited as collaborators and will receive an email invite to access the portal and enter their personal information.

To complete this application, the Primary Contact for the team will need the following:

A clear description of the problem that your idea addressesA clear, high-level description of the proposed solutionIf possible, identify your competition (companies, products, technologies or status quo)A very short description of your project that can be shared publiclyA description of the team members and their skillsA high-level project plan, including milestonesA description of achievements to dateTeams applying for $5K or more must provide a pitch deck. All other teams are encouraged but not required to provide a pitch deck.EMBA led teams may only apply for $5k and higherA budget plan showing how you will use your Sandbox funds.Refer to the Sandbox purchasing guidelines which lists permitted and prohibited use of fundsView sample team budgetBudget for early ideation teams: If you are in the early ideation stage, the focus is on market research and customer discovery, which typically does not have many associated costs. For your budget, consider what you would need to support that research. Perhaps you need to travel to meet a customer or you may need to hold a focus group session. Relative to software and other resources, there are many resources on campus you can leverage for free. Submitting a budget for $500 or less is acceptable.

If you have any questions, please email sandbox@mit.edu.

Opens
Jan 5 2024 01:00 AM (EST)
Deadline
Jan 16 2024 11:59 PM (EST)