An Introduction to IDEAS and the MIT Global Challenge
MIT students have the ambition, the energy, and the skills to make the world a better place. MIT alumni have the experience, the connections, and the depth of understanding to help make that dream happen. The MIT Global Challenge will bring those two groups together to impact the world. - Brian L. Hinman, EE 1984
Inspiration It is estimated that 25,800 companies founded by MIT alumni employ about 3.3 million people and generate annual world revenues of $2 trillion, producing the equivalent of the eleventh-largest economy in the world.* Imagine if we applied that kind of entrepreneurial talent to today’s urgent humanitarian challenges. * From the 2009 Kauffman Foundation report, “Entrepreneurial Impact: The Role of MIT”
Proposal Involve the world-wide MIT community – 120,000 alumni across 130 countries – in “invention as public service” through the design , development , and deployment of innovative technologies in partnership with the people who need them.
Approach Connect, support, and celebrate teams of public service innovators through an annual competition that awards up to $25,000 in implementation grants to teams demonstrating the greatest innovation , feasibility , and impact .
Context <ul><li>MIT150 Celebrating 150 years of service to the world </li></ul><ul><li>IDEAS Competition experience Awards and implementation support since 2001 </li></ul><ul><li>Growth of “design for development” ecology at MIT Courses, student groups, labs, competitions </li></ul>
Lifecycle 1-3 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.
Experience <ul><li>10 year IDEAS track record 64 teams awarded $264,000 since 2002 </li></ul><ul><li>Leveraged results $3.2 million raised by teams in follow-on funding </li></ul><ul><li>Lasting impact 3 for-profits, 5 non-profits, 8 technology transfer initiatives (14 others moving forward) </li></ul>
A sample of worldwide projects View more teams at http://beta-globalchallenge.mit.edu/teams/winners 28 countries Konbit Haiti, 2010 egg-Energy Tanzania, 2009 PerfectSight India, 2010
PerfectSight Developed an innovative, mobile system for diagnosing refractive eye conditions for under $1 using cell phones . http://beta-globalchallenge.mit.edu/teams/view/19 Year awarded: 2010 Location: India
Egg-energy Developed innovative lighting and energy leasing franchise that aims to eliminate costly, unhealthy, and dangerous kerosene lanterns used around the world. http://beta-globalchallenge.mit.edu/teams/view/2 Year awarded: 2009 Location: Tanzania
Konbit Developed platform to help communities rebuild by collecting the skills of residents, allowing non-governmental organizations to find and employ them.. http://beta-globalchallenge.mit.edu/teams/view/28 Year awarded: 2010 Location: Haiti
Growth opportunities <ul><li>Campus coordination </li></ul><ul><li>Durable community partnerships </li></ul><ul><li>Impact assessment </li></ul><ul><li>Long-term support </li></ul><ul><li>Build and share knowledge </li></ul><ul><li>Scale up competition </li></ul>
Your generation wears its commitment to the greater good quite lightly. You use your skills to help repair a broken world, however, you see nothing remarkable about it; you simply expect it of each other, and of yourselves. - President Susan Hockfield Commencement Address to the Class of 2010
Contact Lars Hasselblad Torres [email_address] Kate Mytty [email_address] On the web http://globalchallenge.mit.edu On Twitter @mitchallenge