Monday, February 1, 2021 | 12:01am to 5pm
About this Event
๐ฃย Applications now open for the MIT $100K 2021 Organizing Committee!
๐ Applications due: Monday, Feb 1stย at 5pmย ET
๐ Submit applications here:ย https://forms.gle/zEUe9dWfmmFbCvA79
The MIT $100K Entrepreneurship Competition runs three distinct and increasingly intensive competitions throughout the school year: PITCH in the fall, ACCELERATE in the winter, and LAUNCH in the spring. For reference, below are the key responsibilities by team:ย
Competitor Experience:
-Set rules and work with Judging team to develop applications for each phase
-Confirm eligibility of applicants
-Host pitch practice sessions with teams and MIT communication professors / presentation experts
-Work with competitors to answer questions and ensure positive experience with $100K
-Plan events with our sponsors targeting competitor learnings (e.g., law - legal advice, VC - pitch practice, founders - innovation)
-For ACCELERATE: CX & VC Partnerships teams work together to develop list of questions for competitors and facilitate Q&A during showcase
Events:
-Organize the competition event schedules and day-of plan
-Work with MIT & Sloan administrations to ensure events comply with policy
-Partner with local vendors on food, beverage, lighting, media, recording, voting, and all other event logisticsย
Marketing:ย
-Advertise competitions and post event updates
-Manage website with latest announcements and information
-Create content for social media platforms to engage online audience
-Work with local news outlets to ensure coverageย
-Recruit committee members and competitors across all MIT departments and the wider MIT communityย
Judging:
-Recruit new judges to the competition
-Manage existing network of judges
-Set and communicate guidelines and criteria for judges during each stage of the competition
-Meet and manage event finals judges and ensure fair practices are followed
VC Partnerships:
-Build & maintain relationships with venture capital firms, especially seed and series A firms
-Develop thought leadership on investor perspectives to help guide competitors' business plan development
-Serve as liaison to scout programs, VCPE club, and other MIT entrepreneurship organizations
-For ACCELERATE: CX & VC Partnerships teams work together to develop list of questions for competitors and facilitate Q&A during showcase
Sponsorships & Finance:
-Manage $300,000+ annual budget
-Manage relationships with existing sponsors
-Recruit new sponsors through outreach to target companiesย
-Set guidelines around permissible expenses for competition
-Liaise with MIT and competitors to distribute prizes and reimbursements
For more information on MIT $100K, visit http://www.mit100k.org/