BOOTCAMP PROGRAM SUMMARY
Jan 30 - Feb 2: “Innovation is Everywhere” Trek*
Feb 2 - Feb 8: Innovation & Entrepreneurship Bootcamp
Feb 11 - Feb 13: Teachers Bootcamp
*Pre-requisite: You will need to attend the 6 day Bootcamp in Brisbane or have attended a Bootcamp previously.
What is the MIT Innovation & Entrepreneurship Bootcamp?
The MIT Innovation & Entrepreneurship Bootcamp is a new program from MIT for global innovators, entrepreneurs, and change-makers. Participants will come to Brisbane, Queensland, Australia for an intense, week-long program to learn how to build innovation-driven ventures that solve global challenges in the environment, agriculture and mining resources sectors. At this MIT Bootcamp, entrepreneurs from all over the world will come together, form teams, and be challenged with finding a scalable solution by applying new technologies and ideas to solve a problem relevant to one of these resource sectors.
Watch these videos to learn more about past Bootcamps:
Final Application Deadline
October 15*
2018
*Submit Round 1 by October 15, 12am ET (Boston Time)
Bootcamp Dates
February 2 -8
2019
What's unique about attending an MIT Bootcamp?
Learn directly from and receive immediate feedback and coaching from MIT faculty and MIT-trained coaches.
Accelerate your professional and personal development in an intensive, fun, and supportive environment.
Join a global community of innovators passionate about solving challenges through innovation.
Learning Experiences
Bootcampers are expected to be active learning partners with other Bootcampers and coaches. Lectures are interactive and project time is driven by the team. Throughout the program, Bootcampers will learn and practice a variety of new skills related to entrepreneurship and innovation, both from MIT faculty, MIT coaches, and guest speakers as well as through their experiences in project teams. Each Bootcamper has the opportunity to be CEO, leading the team through its project work for a day. Active learning is an experience, and in one week, the Bootcamp provides participants many experiences most entrepreneurs and innovators face in the first 2-3 years of a new venture.
Develop Innovation-Driven Venture Skills
- Identify, define, and characterize problems
- Spot opportunities for innovation
- Segment and analyze opportunities
- Evaluate and choose innovation diffusion pathways
- Evaluate and choose models of new ventures
- Conduct customer and market research both qualitatively and quantitatively
- Design customer journey
- Establish foundation of product development
- Evaluate and choose market strategy
- Develop an in depth understanding of your customer
- Identify and quantify sources of value
- Map and influence customer decision making process
And much more from MIT's innovation frameworks, world-class experts and innovators...
What to expect at Bootcamp
Here's what past Bootcampers have said about their experience...
The Bootcamp is for...
– Early stage entrepreneurs
– Serial entrepreneurs
– Individuals in transition
– Doctors
– Graduate Student & Researchers
– Innovation Managers
– Family Business owners
– Product Managers
– NGO Leaders
– Corporate Professionals
– Designers & Creatives
– Professors & Educators
Read more about our Bootcamp alumni...
The Bootcamp is headlined by:
Bill Aulet
Faculty
Coaches (TBA)
Bootcamp Team
Erdin Beshimov
Staff & Coach
Vimala Palaniswamy
Staff & Coach
Thomas Bazerghi
Staff
Andrew Ngui
Staff & Coach
The team at MIT Bootcamps selects the best applicants from all over the world to create a cohort of innovators with the potential to change the world. The application process consists of three rounds:
Round 1
Part 1: Complete demographic information
Part 2: Upload your resume
Part 3: Record a 60-second video introduction
Round 2
Complete a video interview
After completing the interview, you will receive an admissions decision for the MIT Innovation & Entrepreneurship Bootcamp. NOTE: admissions are conducted on a rolling basis! Due to capacity constraints, we encourage all who are offered admission to confirm their seats as soon as possible.
Tuition
$6500*
*USD. Covers program and food for the duration of the MIT Innovation & Entrepreneurship Bootcamp. Please note you will still be responsible for cost of travel and accommodation. Please don't worry about the cost to attend, just apply.
Cost of optional Bootcamp programs:
Innovation is Everywhere Trek – $2000 (Includes ground transfers, all meals from Jan 31-Feb 2, 2018)
Teachers Bootcamp – $TBC (Includes all meals from Feb 11-13, 2018)
Scholarship Consideration
Impact Scholarships
MIT Bootcamps has a limited number of impact scholarships. We invest up to US$3000 towards the cost of tuition to a handful of candidates offered admission based on their track record and potential for impact. To be considered for a scholarship, you will need to complete the full application and receive an offer of admission.
**Travel and accommodation not included. Awarded scholarship amount will be deducted from the total cost of tuition.
Fundraising - The Entrepreneurship Challenge
For each program, MIT can only offer scholarships to a handful of candidates, so if you are admitted, please do not wait to come up with funding until we have made scholarship decisions and let your ability to attend be determined by this decision.
The MIT Innovation & Entrepreneurship Bootcamp journey does not start on the first day of the program but rather from the moment you begin your application. If you are unable to self-fund, sponsorship, crowdfunding, and other scholarships are potential sources of funding for tuition. Researching the appropriate sources and crafting your message to approach them and convince them to invest in your future are skills that you will practice often on your journey as a successful innovator. Instead of seeing raising funds for tuition as an obstacle or setback, see it as a challenge to overcome as an innovator.
Sponsorship Kit:
You can share the following documents with sponsors so they can understand more about the MIT Innovation & Entrepreneurship Bootcamp:
Visa Information
You can find more information about getting a visa for Australia at the following website link:
http://www.australia.gov.au/help-and-contact/faqs/visas-and-immigration
Please visit this site to understand the process, documents required, and timeline to receive a visa based on your nationality when you begin your MIT Bootcamp application. In the past, very qualified MIT Bootcamp applicants have been unable to attend because they did not apply for their visa in time or provide all the information required.
Please apply for your Australian visa as soon as you receive your admissions letter. The visa application process can take up to 6-8 weeks or more depending on your nationality, so please be proactive and apply for your visa as soon as possible.
How should you prepare for the MIT Innovation & Entrepreneurship Bootcamp?
Take the MIT Bootcamps MOOCs *. MIT’s motto is mens et manus - minds and hands - theory plus practice or action learning. MIT Bootcamps are more than a semester’s worth of work in 6 days. To be best prepared to internalize and practice everything you learn during the program (action learning), we recommend you complete the four MIT Bootcamps MOOCs (theory) before the start of the program. Each course (6-8 modules each) can be completed over a couple days if that’s all you do (we don’t recommend this), or over two to three weeks at a more relaxed pace.
* You can apply prior to enrolling in the online courses. Please aim to complete them prior to attending the Bootcamp in February 2018.
