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An annual competition that supports innovation and entrepreneurship as public service
KonbitHaiti, 2010
egg-EnergyTanzania, 2009
PerfectSightIndia, 2010
Since 2001 78 teams have been awarded more than $300,000 to work in 28 countries
PerfectSight Developed an innovative, mobile system for diagnosing refractive eye conditions for under $1 using cell phones.
2010 WinnerIndia
EGG-EnergyDeveloped innovative lighting and energy leasing franchise that aims to eliminate costly, unhealthy, and dangerous kerosene lanterns used around the world.
2009 WinnerTanzania
IndianMobile Initiative (IMI)Developed a series of workshops for Indian students to learn and harness the power of Android apps as a means to spurring social enterprises.
2011 WinnerIndia
Your role
question critique develop
what makes for an IDEAS project?
1/3 full-time MIT students
innovation
feasibility
impact
Process to Enter
1 Sign up: globalchallenge.mit.edu
2Submit: Initial Scope Statement + Development Grant
3 Submit:Proposal
Today!
Nov 2Jan 25March 2March 23** Filter
When
April 8
Awards up to $10K + community choice award
PROCESS1. Poster + Judging Session @ MIT2. Online Judging3. Community Choice Vote
Review Process1
Download, Read, Give FeedbackInitial Scope and Dev Grants online
Nov 2Jan 25March 2
When
2
Discuss with Review TeamDiscuss feedback, consolidate, submit onlinein person
3
Share with Student TeamsShare feedbackin person
4
Check in with Student TeamsBefore deadlines.via the Global Challenge site
Next upThe first Initial Scope deadline is November 2.
Initial Scopes to you on November 3.
See you back here on November 9.
Initial proposal review
Sequence of input boxes on review page
Fill in the first review box, last.
Overall feedback
Innovation
Feasibility
Impact
Resources
Less about the legal structure, more about the drivers and their sustainability.
Initial proposal review
Innovation
Say, Product / service, process or social.
Addressing a well defined unmet need.
Innovation’s sustainability over next 1-2 years.
Feasibility
Customer profile, potential market size, positioning.
Competition profile and counter strategy.
Relevant team background for success of the innovation.
Initial proposal review
Feasibility…contd.
Well defined and time bound goals, strategy, resource needs and budget statement.
Community partners, and delivery capabilities.
Impact
Expected social / environmental impact, and key drivers.
Quantitative or qualitative measurement.
Initial proposal review
Resources
Other organizations addressing similar need in a manner that the team may leverage.
Legal / policy regulations that the team should consider.
Overall feedback SWOT Analysis
Strengths
Weaknesses
Opportunities
Threats
Take a shot
Assistive Technology @ MIT – Universal Access
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