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Why Apply to Solve? 9 Transformational Benefits of Being a Solver

MIT has always been an engine for innovation. But at Solve, we recognize there are incredible innovators all around the world, with great solutions to problems in their community and the world. They may not carry MIT ID cards, and they may not have access to the incredible innovation ecosystem around Kendall Square.

That’s why we want to blow open the doors of innovation at MIT by finding and supporting these innovators. This support comes in many forms.

There’s more than $1.5 million in prize funding available for the next Solver class. If you are selected as a Solver, you’ll receive $10,000 in financing from Solve, and you'll be eligible for significant additional prize funding from our partners the Patrick J. McGovern Foundation, General Motors, and Vodafone Americas Foundation.

However, being a Solver is about much more than prize funding.

As a Solver, you'll receive 12 months of personalized support with curated access and intentional introductions to members of Solve’s community—leaders from corporations, foundations, nonprofits, government, and academia. Through these connections, you'll build the partnerships needed to accelerate your work, validate your impact and business model, and scale your solution.

When you join our MIT-backed community, you'll:

  • Complete a needs assessment to receive a customized partnerships action plan tailored to your financial and nonfinancial needs.

  • Be paired with a mentor to support you as you reach your partnership goals.

  • Meet and connect with investors and cross-sector leaders to create partnerships during Solve’s flagship events, additional workshops throughout the year, and via facilitated introductions. Solve’s community of members includes leading organizations such as Google, General Motors, Medtronic Foundation, Save the Children, and Starbucks.

  • Grow your exposure and speak at Solve Challenge Finals and Solve at MIT. These events bring together an exclusive group of 500 cross-sector leaders and prominently feature Solver teams on stage and in workshops.

  • Advance your solution through exclusive Brain Trusts during Solve at MIT and beyond. These are curated working groups bringing together a mini Board of Advisors of accomplished leaders to provide strategic advice and connections.

  • Join a class of peers to share best practices and find collaboration opportunities.

  • Grow your exposure, speak, and network at other international social impact conferences. Previous Solver engagements include the World Economic Forum, Forbes 30 Under 30, UN Women, Concordia, Misk Global Forum, and the Global Education Skills Forum.

  • Hone your pitch and media presentation through customized training in advance of Solve flagship events and other engagements—support that is valued at $15,000.

  • Get the word out with global media and social media exposure. With Solve’s support, Solver teams have been featured in Fast Company, NPR, The Associated Press, and The Boston Globe.

Could you use Solve's support as you pilot and scale your solution? Solve seeks innovators with solutions to four Global Challenges: (1) Circular Economy, (2) Community-Driven Innovation, (3) Early Childhood Development, and (4) Healthy Cities

Submit yours today—the deadline to apply is July 1!

The 2018 Solver Class joins President Reif on stage during Solve at MIT 2019. (Photo: Adam Schultz / MIT Solve)

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