The President’s Innovation Challenge is Harvard’s annual venture competition hosted by the Harvard Innovation Labs. It is designed to help students and post-docs from all Harvard schools turn their nascent ideas into potential world-changing realities. The $310,000 in prize money is awarded in three tracks: Health & Science, Social Impact and Open, which means almost anything goes. $75,000 goes to the winner of each track, and $25,000 to the runner up. The criteria for participation is NOT a fully formed business plan but rather a well-thought and articulated definition of the problem, the customer and the proposed solution. And this year the Challenge includes a $10,000 Ingenuity Award that will go to the applicant team with, well, the most ingenious idea.
The Challenge application, due on January 2nd, can be found HERE along with other important information.
Interested students and post-docs should attend an Information Session on Monday, December 10th in the Cannon Room of Building C at HMS from 2 to 3pm. Light refreshments will be served. No registration is required.
There is also a second “Hack the Challenge” workshop being offered at the Harvard i-lab on December 12th from 5 to 7:00pm. It is a great opportunity to learn about the Challenge, get help with the application and meet other students and post-docs who are contemplating the quest. You can register for the workshop HERE. For those who can’t make it, please consider scheduling office hours with one of the Harvard Innovation Labs staff advisors to get any specific questions answered.