Frequently Asked Questions
Who is running this challenge?
S&P Global Foundation:
The S&P Global Foundation, the keystone of S&P Global's philanthropic efforts, supports the building of inclusive and resilient communities. At the Foundation, we focus our program efforts where we can maximize opportunities to engage our people and are created to have a real impact in the communities where we live and work. The S&P Global Foundation focuses its efforts where we can make a real difference: Technology & Data and Environmental Resilience.
Visit the S&P Global Foundation website for more information and learn about our impact.
MIT Solve:
As an initiative of MIT, solving is core to what we do. We believe that to build a better future for all, we need new voices and ideas. We launch open calls for brilliant and bold tech-based solutions that solve big problems. With over 370 million lives reached to date, we think we’re onto something.
Who can apply and what are the parameters of the challenge?
Please refer to the Challenge Overview and Challenge Eligibility tabs for more information.
What does the challenge process involve?
Sourcing Solutions: Anyone who meets the criteria above can participate in this challenge and submit a solution.
Selecting Solutions: Once the submission deadline passes, judging begins. After an initial screening by MIT Solve and scoring by a Grants Advisory Committee, a selected set of solutions will move forward as finalists. These finalists will be invited to join a virtual interview with the S&P Global Foundation and participate in a vetting process. After final scoring, the S&P Global Foundation will bring leading solutions to the Foundation Board for final selection.
Supporting Solutions: Each of the six winning solutions will be awarded a grant of US$200,000. Additionally, winners will participate in a Demo Day at one of our global offices to briefly showcase their funded innovation and actively seek feedback from local colleagues with relevant expertise to help strengthen, refine, and stress-test their solutions.
What is the challenge timeline?
January 8, 2026, 9:00am ET: Challenge launches
February 6, 2026, 11:59pm ET: Challenge closes
February 9-20, 2026: Solutions are screened and reviewed
February 23-27, 2026: Finalists are selected
March 2-6, 2026: Finalist teams to interview with the S&P Global Foundation
March 23, 2026: Announcement of Winners
Summer 2026: Demo Day
Why should I apply for the challenge?
Benefits of being selected for the Prize include:
- Grant funding of $200k per organization that will be awarded to six winning nonprofit organizations (total prize pool of $1.2M).
- Participation in a Demo Day to receive feedback from S&P Global volunteers with subject matter expertise to strengthen, refine and stress-test solutions.
How will the applications be judged?
Please refer to the Challenge’s Evaluation Criteria tab.
Can I use generative AI applications to help me write my application?
We discourage using ChatGPT or other generative AI chatbots to write your application for you. Your application will sound impersonal or generic to reviewers, and this can strongly disadvantage your application in our selection process. We want to hear your passion for and perspective on your solution!
However, ChatGPT and other generative AI chatbots may be able to assist you with initial drafts for some application questions. If you do use GenAI tools to assist in your writing, you must check the content and ensure that it accurately reflects the current status of your solution. Fabricated or misleading information in your application may lead to the removal of your solution.
Have more questions?
You can also email your questions to help@solve.mit.edu. Please allow three to five business days for a response.