2009-2010

2

20 Years of $100K

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20 Years of $100K Impact

• 120+ companies

• $700 Million in VC funding

• $12.5 Billion in market value

• 2,500+ jobsFigures extrapolated from 2006 data in: Entrepreneurial Impact: The Role of MIT by Prof. Edward Roberts, February 2009

4

Alumni Companies

5

1 Competition – 3 Contests

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1 Competition – 3 Contests

Elevator Pitch Contest (EPC)

•SEPT - OCT•Develop IDEAS

Executive Summary Contest (ESC)

•NOV - DEC•Form TEAMS

Business Plan Contest (BPC)

•DEC – MAY•Build BUSINESSES

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1 Competition – 3 Contests

• Elevator Pitch Contest (Fall)– 352 entrants – Biggest $100K contest ever!– 500+ attendees at Finale in Stata Center– 12 Schools: MIT, Yale, Harvard, Boston

University, Stanford, Colgate…

• Executive Summary Contest (Winter)– Last year: 120 entries among six tracks– $15K in prizes, expert feedback provided

• Business Plan Contest (Spring)– Last year: 260 teams, 1000+ participants– Each team: 1 VC Mentor, 1 Legal Mentor, $1K expense account

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How the $100K works

• 100% student-run– Team of 50+ organizers from MIT and other

Boston-area schools– Leadership cycle runs during calendar year

to ensure knowledge transfer during Spring• 100% sponsor-funded

– Single and multi-contest packages– General and Track sponsorship

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How the $100K works – Sponsors

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“Recession Proof” in 2009

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A Record Year for the MIT $100K

260 submissions!• Development• Life Sciences• Mobile• Products & Services• Web/IT• Clean Energy Prize

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Winners in the News - Ksplice

Ksplice

• 2008 Executive Summary Contest Web/IT Track Winner & Audience Choice Winner

• 2009 Business Plan Contest $100K Grand Prize Winner

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Winners in the News - FastCAP

FastCAP Systems

• 2008 Elevator Pitch Contest Grand Prize & Audience Choice Winner

• 2008 Executive Summary Contest Energy Track Winner

• 2009 Clean Energy Prize Semifinalist

FastCAP Systems wins ARPA-E Grant Award for Transformational Energy Storage Technology Research

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Remarkable track record of success

Series1

$40 $64$95

$175

$234

$325

$517

$1,200• $10B in aggregate market cap created• $2.5B of exit value captured• 3 public offerings• $700M of venture capital raised • 125 venture equity placements• 2,500 new jobs created

Source: MIT $100K Historical Analysis

Exit value of select MIT $100K competitors ($ Millions)

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