The MIT Global Entrepreneurship Bootcamp was launched in August 2014 as an intensive and immersive week-long entrepreneurship and innovation leadership program that leads participants (Bootcampers) through the innovation framework and curriculum taught in core entrepreneurship classes at MIT. Alumni of these MIT classes have launched hundreds of ventures worth billions of dollars and created social impact around the globe.
MIT Bootcamps bring entrepreneurs and innovators from around the world to learn and practice this same framework from MIT faculty and MIT-trained mentors, using the same rigorous and disciplined approach. In addition to the innovation framework, participants learn and practice critical skills required to be leaders and drive innovation and collaboration: teamwork, leading a team, communication, mutual goal reinforcement, and giving feedback. Admission to the MIT Global Entrepreneurship Bootcamp is highly selective and based on the following five criteria: rigor, initiative, contribution to community, team and cultural fit, and entrepreneurial potential. MIT Bootcamps are a key component in MIT’s Global Strategy and focuses on shaping the future of education and learning.
BOOTCAMP LEARNING OBJECTIVES
Develop New Ventures Leadership Skills
Problem Identification & idea generation
Validating (and invalidating) ideas
Building effective teams
Building an innovation-driven enterprise
Establishing product-market fit
WHAT ELSE WILL I LEARN
How to start a company in a disciplined & systematic way.
Challenged and coached by MIT alumni.
Develop and practice rigor, extreme ownership & resilience.
Practice leadership & collaboration
Meet and build networks with other emerging global leaders
MIT GEB ALUMNI HAVE LAUNCHED 100+ NEW VENTURES, RAISING OVER $50m IN A NUMBER OF INDUSTRIES
There are 381 alumni from 70+ countries. Six Bootcampers were selected for Forbes 30 under 30: Leonika Sari, Class 1 (Healthcare & Science), David Anderton, Class 1 (Media), Étienne Mérineau, Class 1 (Marketing), Nasir Yammama (Class 2), Karan Jerath, Class 4, (Energy), Keiana Cavé, Class 4 (Energy). Six Bootcampers have been admitted to MIT: Jin Wu, Nidhi Sharma (IDM), Jakub Chudik (Undergrad), Hiro Tien (Sloan), & David Anderton (Media Lab).
Simplify, a startup founded by Yen Pei Tay (Class 2), was named to Fast Company’s Top 50 Most Innovative Companies list for 2017.
Luciano da Silveira (Class 1) launched Elio, a Brazilian agriculture consulting company that uses drones and Artificial Intelligence for precision-agriculture, helping farmers reduce inputs and increase yields.
Angela Scott (Class 4), one of the scientists who engineered of “Dolly the Sheep,” has raised over $15m for TC BioPharm, the cell-based immunotherapy company she founded.
BOOTCAMP COACHES ARE EXPERIENCED ENTREPRENEURS AND INNOVATORS AND GRADUATES OF MIT OR MIT BOOTCAMPS
Rene Reinsberg (MIT Sloan), founder of Locu, which was acquired for $70m, EIR at General Catalyst.
Waikit Lau (MIT undergrad), investor, serial entrepreneur, advisor.
Max Faingezicht (MIT Sloan), founder of ThriveHive, which was acquired for $11m.
Inga Stasiulionyte (MIT GEB), Olympic javelin thrower, founder of Onbotraining.
Jeff Anderson (MIT Sloan), COO of ManusBio, which produces natural flavors and fragrances in labs.
Aman Advani (MIT Sloan), founder of Ministry of Supply, which creates “radically-engineered dress clothes”.