Drive Investments to Solver Teams
Direct catalytic investments in Solve's portfolio of early-stage entrepreneurs solving the world's most pressing problems
Solve Innovation Future is a groundbreaking philanthropic venture fund that will direct catalytic investments in early-stage entrepreneurs solving the world's most pressing problems. Organized as a Donor-Advised Fund (DAF) with MIT Solve serving as the donor-advisor, Solve Innovation Future will raise $30 million over time from philanthropic donors through tax-deductible gifts to MIT.
Solve Innovation Future makes debt and equity investments in Solver teams selected annually through Solve’s open innovation Global Challenges. Returns from investments will be reinvested into future Solver teams, creating a pay-it-forward mechanism for entrepreneurs and a renewable philanthropic vehicle for donors.
As a first-of-its-kind dedicated venture fund structured as a DAF, Solve Innovation Future will serve as a model for other DAFs, philanthropic donors, and impact investors interested in building the field of social impact investing and unlocking more capital towards early-stage social ventures globally.
Solve Innovation Future’s first investments include three innovative Solver teams that were featured at the Investor Showcase during Virtual Solve at MIT 2020—watch this video below to learn more.
Contact Casey van der Stricht, Principal, if you are interested in donating to Solve Innovation Future.
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Photo: Adam Schultz / MIT Solve
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