The MIT Solve Challenge 2019 is now open for applications. Each year Solve seeks solutions from tech innovators around the world for its Global Challenges, and anyone can submit a solution by July 1, 2019. Finalists are invited to pitch their solutions at Solve Competitions Finals during UN General Assembly Week in New York City in September. 

Selected Solver teams will join a supportive community of peers, funders, and experts to help advance their work; receive mentorship and strategic advice from Solve and MIT networks; attend Solve at MIT, our annual flagship event in May; and receive access to more than $1.5 million in prize funding for the 2019 Challenges. 

In the last two years, thanks to our partners, Solve has brokered commitments of over $12 million in funding for Solver teams and entrepreneurs, in addition to in-kind support such as mentorship, technical expertise, media and conference exposure, and business and entrepreneurship training.

Solve at MIT is our flagship annual event held on the MIT campus in Cambridge, MA, bringing together more than 500 cross-sector leaders as well as MIT faculty and students. The event will feature Solver teams on stage, in online and written materials, and through dedicated Challenge workshops.

MIT Solve Challenge 2019 Details:

Host Country:

  • United States of America

Benefits:

  • Selected Solver teams will join a supportive community of peers, funders, and experts to help advance their work
  • Receive mentorship and strategic advice from Solve and MIT networks
  • Attend Solve at MIT, the annual flagship event in May
  • Receive access to more than $1.5 million in prize funding for the 2019 Challenges
  • If you are selected as a Solver, you’ll receive a $10,000 grant from Solve as well as access to significant additional prize funding
  • Finalists will be invited to pitch their solutions at Solve Challenge Finals during UN General Assembly Week in New York City in September, travel to New York will be reimbursed and accommodations will be provided.

What type of solutions will Solve accept?

Solve seeks innovative, human-centered, tech-based solutions to our Global Challenges. Our definition of “tech-based” is broad: in addition to AI, blockchain, and virtual reality, Solver teams have leveraged a plant-based fiber that absorbs oil spills, biodegradable sanitary pads, and user-friendly mobile apps. Learn about all our Solver teams’ diverse technologies. 

Solution applications must be written in English. We will consider solutions at all stages of development:

  • Idea: We welcome you to submit your solution idea, but please note that concept-stage solutions are unlikely to be selected. You have until the submission deadline to prototype and experiment with your idea!
  • Prototype: A venture building and testing its product, service, or business model. Typically described as “pre-seed” if for profit.
  • Pilot: An enterprise deploying a tested product, service, or business model in at least one community. Hybrids and for-profits would typically be in a “seed” round and generating revenue (whether or not they are cash flow positive).
  • Growth: An enterprise with an established product, service, or business model rolled out, which is poised for further growth in multiple communities or countries. Organizations at this stage should have a clear path to sustainability. For-profits at this stage would be “seed” or “Series A.”
  • Scale: A sustainable enterprise working in several communities or countries that is looking to scale significantly, focusing on increased efficiency. For-profits in this stage would be “Series A” or “Series B.”

Through open innovation, Solve is looking for a diverse portfolio of solutions across geography, development stage, and team members’ gender and background. We encourage people of all backgrounds to submit applications.

Eligibility Criteria:

  • Open for All
  • Anyone, anywhere around the world can submit a solution to Solve’s Challenges.
  • You can be an individual, a team, or an organization.
  • You can be an applicant from previous years or already part of MIT’s community.

How will my solution be evaluated?

Our judges are experts and leaders from across industries and sectors. Solve’s staff and community (including our Members, MIT faculty, and Solver teams from previous cycles) will conduct an initial review to select semi-finalists, and then Challenge Leadership Groups will review semi-finalist solutions and select finalists. Judges will score solutions along with the following criteria:

  • Alignment: The solution uses technology to address one of Solve’s Global Challenges.
  • Potential for Impact: The planned solution implementation has the potential to impact lives.
  • Scalability*: The solution can be scaled to affect the lives of more people.
  • Feasibility: Solution implementation is feasible, and the team has a plan for financial sustainability.
  • Innovative ApproachThe solution includes new technology, a new application of technology, a new business model, or a new process for solving the Challenge.
  • Partnership Potential*: The applicant clearly explains how the solution would benefit from the broad range of resources that the Solve community is positioned to provide.

*This criterion will not be considered during the initial review to select semi-finalists.

Finalists will pitch before the Challenge Leadership Group and a live audience at Solve Challenge Finals. If you are invited to Solve Challenge Finals, travel to New York will be reimbursed and accommodations will be provided.

The most promising solutions will form the new Solver class and build partnerships with the Solve community.

What will I get if my solution is selected?

There’s more than $1.5 million of prize funding available for the 2019 Solver Class. If you are selected as a Solver, you’ll receive a $10,000 grant from Solve, as well as access to the prize funding below. Visit each Challenges page to learn more about prizes.

Application Deadline:

  • Solve’s 2019 Global Challenges are open for solutions by July 1. Over $1.5 million in funding is available.

APPLY NOW OFFICIAL LINK

 

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Deadline is July 1, 2019