Dreams Begin here
The MIT-CHIEF Business Plan Contest, held annually since 2011, is dedicated to contributing to a global entrepreneurial ecosystem based in the Greater Boston area through series of events that：
Nurture and activate entrepreneurs, through inspiring their spirit of innovation, training their comprehensive skills and expanding their social network.
Equip entrepreneurs with resources, including mentors, funding, industry expertise, legal service and and know-how of marketing and business models, from both the U.S. and China.
Provide entrepreneurs in the U.S. with valuable connections in China and help on immersing their startups into the Chinese market.
Offer direct cash awards that help startups accelerate on their way to success.
How to apply
Registration for the MIT-CHIEF Business Plan Contest 2017 will open on July 10th, 2017
Application submission closes at 23:59 EST on September 17th, 2017
The application is online based. It requires every application to answer a questionnaire and submit an initial business plan. Semifinalists will be announced on our website and through emails around Oct 2nd, 2017. Feedback from judges will be visible to contestants in the submission site after judging.
We highly encourage you to apply for our featured Accelerator Program. The Accelerator Program will provide you direct interactions with mentors/investors and other entrepreneurs to better polish/execute your business plan and enhance your chance to enter Semi-Finale.
* In order to join our Accelerator Program, please submit your application before 23:59 EST on August 10th. After that, you could still update/modify your contest application.
Ready? Apply through the link below:
No matter whatever stage you are at, the accelerator program will help your startup grow in 10 weeks.
MIT-CHIEF Alumni Network
Within the MIT-CHIEF mutual support culture, MIT-CHIEF alumni are more than willing to share their experience, knowledge and expertise, which could prevent you from similar pitfalls they have met. In addition, they could be your beta users and, furthermore, introduce their investors/business partners to you. With a shared understanding of how lonely startup journey could be, they are happy to give you a hand. Here in this community, you will not only gain support and resources, but also establish long-lasting friendship in this field.
Mentors in MIT-CHIEF community are experienced entrepreneurs, venture capitalists, industry experts and innovative faculties. You could have close interaction with mentors and other participants of accelerator program through our Linkedin Private Group. In this group, you could reach out to them for advice whenever you feel lost or hesitant in your startup journey. When you have no idea about what’s the next step in the startup journey, feel free to ask them for advisory. Mentors are happy to polish your business plan, share their insights related to your product/market strategy and help in fundraising.
In the accelerator program, startups will meet up twice a month to share their progress in previous two weeks, state their challenges and exchange ideas of possible solutions. We find these bi-weekly deadlines tend to push people to complete their short-term goals. In this way, people are excited to present the progress they’ve made. We will also invite 2-3 mentors/speakers to the meetup, sharing their inside stories. These talks are strictly off the record to encourage candor, and more interesting than the ones presented in public.
Intro and Connection in China
We are more than happy to connect startups with our investors/sponsors/partners in China. If you have the potential to expand your business in China. MIT-CHIEF’s network is a huge benefit to help you on board. Bridging the U.S. and China in entrepreneurship and innovation is always MIT-CHIEF’s mission.
Startups established on technologies and services for diagnosis, treatment, and prevention of diseases; unique services for healthcare delivery and new technologies for data analytics in the healthcare market.
Startups basing their services or products mainly on technologies like big data, machine learning and deep learning.
Chemical, mechanical, optical, acoustical or any type of advanced material solution providing startups; any business focused on renewable energy, energy efficiency or development of products/services that reduce the carbon footprint.
Startups focused on Internet of Things, wearable devices, smart home appliances, or any kinds of smart hardware; unmanned vehicles and robotics.
Business is focused on software development; products and services deliver value through web and mobile platforms.
Business creating sustainable social values, solving social issues by providing innovative, highly effective and scalable solutions.
Startups that using disruptive technologies or business models that improve asset management, lending, payments, and other core areas of the financial services.