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MIT Solve

Good Jobs & Inclusive Entrepreneurship

Funds tech ventures spurring good jobs and inclusive entrepreneurship with a $10,000 grant.

ClosedMIT SolveGlobal

MIT Solve ran this as one of its 2020 Global Challenges, with more than $2 million in shared prize funding across that year's Challenges. After the solution deadline, submissions went through three judging rounds plus a technical round before a panel of cross-sector judges made final Solver selections at the Virtual Solve Challenge Finals. Judges scored entries on six criteria: alignment with one

MIT Solve looked for technology-based solutions helping small and new businesses -- especially in underserved communities -- access capital, networks and technology to weather economic shocks and create good jobs. It also wanted solutions helping workers access living wages, safety nets, and the digital skills needed to keep pace with a changing job market.

CycleiHow often this grant runs - e.g. annually, on a rolling basis, or a one-off call.No fixed schedule
Next deadlineiThe next date applications are due. Rolling means you can apply any time.-
Decision timeiTypical time from the deadline to the funder's decision.-
Project durationiHow long the funded work is expected to run.-
Award typeiThe form of funding - grant, equity, loan, tax credit, etc.Grant
Match fundingiThe share of project costs you must cover yourself. 0% = fully funded.-
Funding pooliThe total budget available across all awards in this round.-

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