MIT Sandbox Innovation Fund
About
MIT Sandbox provides up to $25K in seed funding, mentorship, and tailored entrepreneurship education that empowers student innovators to explore ideas, take risks, and prepare to launch. The goal of the program is to enable any MIT student — inspired to solve a problem with an innovative solution — to learn and experience entrepreneurship. Contact: sandbox@mit.edu
Why Participate?
MIT Sandbox is not a competition. Each year, Sandbox opens the door to entrepreneurship for hundreds of undergraduate students, master’s students, and PhDs and provides a launchpad where they can strategize, experiment, and grow. The program accepts teams at all stages of the start-up process who demonstrate a commitment to their idea and a willingness to invest in initial research and planning. Every student who participates in Sandbox gains insight into entrepreneurship and leadership that they will use throughout their careers. Many teams spend 12-18 months in the Sandbox developing into viable startups by leveraging guidance from experienced mentors, insights from startup-related experts, and up to $25K in non-dilutive, cumulative funding. It is a learning experience for all and a life-altering experience for many.