Deadline: March 20, 2023
The MIT Water, Food & Agriculture Innovation Prize is a startup competition focused on water innovation that awards up to $50K in innovation grants annually to student-led teams from across the country and internationally. The Prize started in 2015 and has since awarded $225K across 21 winning teams.
As the main innovation-focused event of MIT Water Club and MIT Food & Agriculture Club, we help emerging entrepreneurs translate research & ideas into businesses, access mentors & resources, and build networks in the water industry. All approaches to water innovation are welcome, from engineering and product design to policy and data analytics.
Applications are open for the MIT Water, Food & Agriculture Innovation Prize 2023.
SEE ALSO: Audi Environmental Foundation Scholarship 2023
Prize
- The MIT Water, Food & Agriculture Innovation Prize winners will be awarded innovation grants of up to $50,000.
Eligibility
- The entry must involve a technology, product,
service, or process to solve a problem related to the world’s water, food and agriculture challenges. The systems have numerous opportunities and
challenges related to policy, technology, data sensing, analytics, implementation, financing, end-to-end solutions, etc.
They encourage diverse and creative submissions.
- The team must comprise at least one student who is fully enrolled at any college or university, and it must be a student who presents the pitch.
- At least one student presenter from the team must be available to attend a final pitch event in May 2023.
- Teams are not eligible to participate in the Spring
2023 MIT Water, Food &Agriculture Innovation Prize if they have secured combined funding, grants, prize money, or revenue greater than $100k (exclusive of funding explicitly awarded for research, technology, or product development).
- Entering teams must be prepared to provide documentation to validate any claims concerning the intellectual property underlying their business plans, including any claims concerning the licensing of Third-Party IP. Entries should be made with a full understanding of MIT’s intellectual property rights regulations.
- Innovations at all stages are welcome to apply; however, past winners of the prize have been able to
demonstrate the potential to take their innovation to market within a reasonable time horizon (~5yrs)
Application Registration Deadline: 20th March 2023
To Apply: Click here
Official Website: Click here