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MIT $100K Entrepreneurship Competition

MIT $100K Accelerate Contest

Supports MIT-affiliated teams with working prototypes through a contest that prepares ventures for investor conversations.

Between cyclesMassachusetts Institute of TechnologyUnited States
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About

The MIT $100K Accelerate Contest is the second of three annual competitions in the MIT $100K Entrepreneurship Competition, a student-organized program founded in 1989 through MIT Sloan School of Management. Held each March at the MIT Media Lab, the Accelerate contest is prototype-focused and selects 12 finalist teams to compete for a $10,000 Grand Prize plus an Audience Choice award. All prizes ar…

What this grant funds

Supports MIT-affiliated teams with working prototypes across all industries through a non-dilutive contest awarding a $10,000 grand prize to 12 finalists each March at MIT Media Lab.

Key facts
CycleiHow often this grant runs — e.g. annually, on a rolling basis, or a one-off call.Annual
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.Prize
Match fundingiThe share of project costs you must cover yourself. 0% = fully funded.0%
Funding pooliThe total budget available across all awards in this round.—
Funding analytics

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Industries

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Eligibility criteria

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What you have to submit

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Timeline

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Last verified: 22 Jul 2026Source: mit100k.org