MIT Delta V

The MIT delta V seeks to advance knowledge and educate students in innovation-driven entrepreneurship that will best serve the world in the 21st century by providing proven frameworks, courses, programs, facilities, and mentorship.

The accelerator is a joint project across all of MIT’s schools and colleges, and as such pulls in experienced entrepreneurs, faculty, and mentors from across all of MIT and the Boston/Cambridge and New York City communities. The program is fully overseen by the Martin Trust Center for MIT Entrepreneurship, its staff and EIRs, and volunteer mentors who act as mock Boards of Directors for each team.

They offer up to $20K equity-free additional funding for the venture — based on achievements against pre-determined milestones and $2,000/month for each eligible MIT student to cover living expenses.

-Teams must contain at least two members and no more than five members. All team members should be founders or founder-level (don’t list interns or others who are not committed to becoming full-time entrepreneurs through this project).

-At least one team member must be a current student in an MIT degree-granting program as of February 2022.

-A post-doc will be counted as an MIT student for the purpose of participating in delta v.

-For this application process, MIT students who graduate in February or June of the current year are considered current MIT students.

Traditionally, teams must commit to working full time in the MIT delta v office space in the Martin Trust Center or the NYC Startup Studio in New York City for the duration of the summer and present at Demo Day events in September.

Application process

Applicants shall fill out an on-line application form in which they will outline details about:

-their idea,

-the problem they are trying to solve,

-how they were inspired to solve this problem,

-their proposed solution,

-how they believe this solution might support a sustainable, stand-alone business.

They will ask for information about each individual co-founder who will be applying to the program.

Applicants must also upload a one-minute video to YouTube, Vimeo, or a sharable cloud-based link. This 60-second video should contain two elements:

-Team – who you are, what you do, why you’re on the founding team (each member should be included in the clip if possible)

-Idea – provide an elevator pitch about the problem you are trying to solve, your proposed solution, and why you feel passionate about this.

Portfolio: Almond, Carestry, Empallo, InvictusBCI.

Last update: May 27, 2022