MIT Sandbox Invites 11,000 Students to Innovate

Published in MIT News on January 25, 2016, by Michael Patrick Rutter, School of Engineering

Offering funding up to $25,000, mentoring, and tailored educational experiences, the program will open up new pathways for student entrepreneurs and innovators.

MIT Sandbox Innovation Fund Program (Sandbox), an Institute-wide program that will support student-initiated ideas, launched today. The endeavor opens more pathways for all types of student innovators — whether they have a seed of an idea, a nascent technology, a specific startup in mind, or are planning the next moonshot. Sandbox will connect students with tailored educational experiences, mentoring, and up to $25,000 to help qualified students and teams nurture their creative brainstorms.

“The primary aim of Sandbox is to develop people, not necessarily startups or products, but the learning will be in the context of advancing an entrepreneurial venture or innovative idea — one that serves an important market or social need,” says Ian A. Waitz, dean of MIT’s School of Engineering and the originator of the program. “It is designed to help students develop the knowledge, skills, and attitudes to be more effective when they go off in the world and practice MIT’s brand of deep scientific and technological innovation...”

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