MIT Global Challenge - Progress Update

Invention as Public ServiceInspire, Support, and Scale StudentInnovation at MITPresentation to Dean ColomboMarch 23, 2011

Goal 1Support MIT’s entrepreneurial ecology byconnecting and awarding teams of publicservice innovators that are tacklingbarriers to human well-being incommunities around the world.

Goal 2Foster student innovation through anannual competition that supports thetranslation of ideas into innovative,feasible project proposals with thepotential for impact.

Goal 3Involve the worldwide MIT community inactivities that support student innovation,deliver results to communities alumnicare about, and respond to alumniinterests.

Lifecycle1-3 Discovery, Design Students learn about design challenges, teams propose solutions and receive feedback on their ideas.4-5 Decide, Deploy Judges nominate winners; they are announced at the awards ceremony and have a year to implement their projects.

Targets 8/2010• > 400 students engaged• ~ 80 teams entered• > 60 initial proposals reviewed• > 50 final proposals judged• ~ 12 teams awarded• Benefits delivered to > 12 communities

Benchmarks this Year• > 500 students engaged 14 events• 84 teams entered• 83 proposals reviewed• 82 judges World Bank, USAID, TED, UNICEF, more

Since 2001 64 teams have been awardedimplementation grants to work in 24 countries

This year•84 teams represent projects in 24 countries•> 40 alumni volunteering on our behalf•10 community-defined problems•3 sponsored challenges $25k each

The Global Challenge is good big

We want it better big

Where we’re headed•Final Proposals April 5• Online Voting & Judging April 6-25• Alumni Engagement Launch Parties NY, MN, CA• Poster & Judging Session April 25• Award Ceremony & Viewing Parties May 2• Winners’ Retreat May 23-24• Teams Hit the Field in June

Targets - Direct> 250 students> 50 alumni> 25 faculty/staff> 25 “friends”

Targets - Indirect> 3000 students> 3000 alumni> 500 faculty/staff X> 500 “friends”

We’d love help• Creative communication especially alumni• Amplification especially celebration• Connection making especially fundraising• Strategy scaling up and increasing value for DSL, MIT

Thank youLars Hasselblad Torreslhtorres@mit.eduKate Myttykmytty@mit.eduOn the web http://globalchallenge.mit.eduOn Twitter @mitchallenge

MIT Global Challenge - Progress Update

by Kate Mytty

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