Information

The MIT Inclusive Innovation Challenge (IIC) is a global competition designed to recognize and promote entrepreneurs who use technology to create a more equitable future. The initiative, led by the Massachusetts Institute of Technology (MIT), aims to reward and support startups and organizations that are leveraging technology to drive economic opportunity and shared prosperity. Participants benefit from global visibility, access to a network of innovators, and the opportunity to receive funding to scale their solutions.

How to Apply

To apply for the MIT Inclusive Innovation Challenge, interested entrepreneurs and organizations need to submit an online application through the official MIT IIC website. The application process typically involves detailing the innovation, impact, and scalability of the technology-driven solution. Applicants should be prepared to provide comprehensive information about their team, business model, and the social impact of their project. Key dates, eligibility criteria, and specific application requirements are outlined on the MIT IIC website.

Total number of startups invested: 3

Average Funding: The specific funding amount varies, but winners typically receive grants and prizes ranging from thousands to hundreds of thousands of dollars.

Industry: Technology-driven solutions for economic opportunity and shared prosperity

Market: Global