Massachusetts Institute of Technology (MIT) 2022 Solve Global Challenges | up to $1.3 million in funding

Published: 23 Mar 2022 1,096 views

Applications for the Massachusetts Institute of Technology (MIT) Solve Global Challenges 2022 are now open. The MIT Solve’s Global Challenges seek social entrepreneurs who are using technology to solve today’s most pressing problems.

Over the past six years, Solve has received 8,500+ solutions from 160 countries. They are now proud to support 228 Solver teams selected over the years, who have collectively impacted over 120 million lives. 15 of those teams are based in or focused on the world’s 46 least developed countries (LDCs). Solve has a special call for Black & Brown Innovators in the US within any of these Global Challenges, and also has opened applications for the 2022 Indigenous Communities Fellowship, which looks for Native innovators in the US and its territories.

MIT Solve Global Challenges

Application Deadline	March 31, 2022
Type	Entrepreneurs
Sponsor	MIT Solve
Gender	Men and Women

Benefits of MIT Solve Global Challenges

• MIT Solve – Solver Award: All solutions selected for Solve’s Global Challenges and the Indigenous Communities Fellowship will receive a $10,000 grant funded by Solve.
• The GSR Prize: GSR will award a prize to solutions that use innovative technology and, in particular, blockchain solutions to address pressing issues in their communities and the world. As a leading cryptocurrency trading firm, GSR seeks to advance education, promote equality of opportunity, and contribute to a sustainable world, emphasizing blockchain and innovative technology-powered solutions. Up to $200,000 will be awarded across solutions from the 2022 Global Challenges.
• The Living Proof Prize: Women’s Leadership Solutions: The Living Proof Prize is open to women-led teams that are using innovative approaches to solve challenges across economic prosperity, health, learning, and sustainability. The prize is funded by Living Proof, a haircare company at the crossroads of innovation and real-world results that is committed to social impact. Up to $100,000 will be granted across up to four teams from the 2022 Global Challenges.
• The GM Prize: The GM Prize is open to solutions that help create smart, safe, and sustainable communities around the world. The Prize is funded by General Motors, which is working toward becoming the most inclusive company in the world and is dedicated to making STEM education more accessible and equitable. Up to $150,000 will be granted to up to six recipients from the Re-engaging Learners and Climate: Ecosystems + Housing Challenges, and the 2022 Indigenous Communities Fellowship.
• The Innovation for Women Prize: The Innovation for Women Prize awards solutions that use innovative technology to empower and enrich the lives of women and girls. This prize of $75,000 is awarded to up to three Solvers to support advocacy and gender work for women in and through technology in order to elevate women’s voices and create positive and sustainable change within their communities around the world.
• The Andan Prize: The Andan Prize for Innovation in Refugee Inclusion is open to solutions that advance the economic, financial, and political inclusion of refugees. The prize is funded by Andan Foundation, a Swiss non-profit foundation dedicated to supporting solutions that promote refugee resilience, self-reliance and integration. Up to $100,000 will be granted across up to four teams from the 2022 Global Challenges.

Requirements for MIT Solve Global Challenges

• Open to social entrepreneurs who are using technology to solve today’s most pressing problems;
• Applicant should have a solution to the problem in consideration.

Application Deadline

March 31, 2022

How to Apply

Interested and qualified? Go to MIT Solve on solve.mit.edu to apply