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Information about the MIT Sandbox Innovation Fund application is available below. For more information about our programs, visit http://sandbox.mit.edu

<$5K APPLICATION SUMMER DEADLINE IS 5/5/17 at 11:59PM

MIT SANDBOX FUND APPLICATION INSTRUCTIONS

  • Click Sign Up button to create a new account (you will need to verify your account via email).
  • All teams must identify a primary contact (must be an MIT student).
  • All team members will be able to register, view, and edit the application once the primary contact links their account to the application.
  • Follow the application workflow and read all instructions. Add team members (if applicable) in the section at the bottom right.

FUNDING DETAILS

Levels of funding and support

  • Up to $1K (+ mentoring + tailored educational content)
  • Up to $5K (+ mentoring + tailored educational content)
  • Up to $25K, including (Note that the Summer funding round is only up to $5K, the next up to $25K round will be in the fall) 
    • Proposals to Funding Board
    • Funding to milestones + mentoring + educational content
    • Maximum funds throughout the lifetime of one project is $25K

Eligibility

  • A team must have at least one full-time MIT student in a leadership role.
  • All students on a team must be in good academic standing.
  • Teams can have undergraduate or graduate students from any department at MIT. Teams can also have non-student and non-MIT members
  • Your idea must be for the purpose of creating a new business—for-profit or not-for-profit
  • If the idea came from MIT-sponsored research, you must get TLO sign-off
  • Teams must disclose other sources of funding. Prior or concurrent funding is acceptable below $50K total