The grandfather of all business plan competitions, MIT $100K Competition connects Sloan students with colleagues from across MIT, Cambridge, and other universities. Akamai, Brontes Technologies, HubSpot, and many others are products of the $100K. Total market cap created = billions.
Courses, clubs, lunches, conferences, and trips focused on sustainability are core to Sloan’s DNA and the MIT Sloan Sustainability Initiative. Students can gain a better understanding of the business of “green” or do a deep dive by obtaining a certificate in sustainability.
MIT Sloan’s most well-known hackathon is the Sloan Sports Analytics Hackathon where nerds geek out to sports statistics “money ball” style. The dean of sports nerds is Houston Rockets GM Daryl Morey, Sloan MBA. Other hackathons include the Hacking Arts Conference and the Tech Expo and Hackathon which promotes entrepreneurship and innovation in the creative arts. Very cool.
The MIT Venture Capital & Private Equity Club is one of the largest on campus hosting the MIT Venture Capital Conference, speakers, treks, case competitions, job placement, and networking. Biotech is a particularly hot sector with Sloan’s neighborhood becoming the “Silicon Valley of biotech.”
MIT Sloan takes great pride in its neighborhood, Kendall Square, Cambridge. Across the street are Google, Amazon, Microsoft, and the Cambridge Innovation Center (an incubator for 300+ companies). There is nowhere else in the world where the “big 3” are so close to each other, and the difference in cultures can be seen just by the fronts of their buildings. Venture capital firms nearby include NEA, Atlas Ventures, Charles River Ventures, Highland Capital Partners, Google Ventures, and NextView. So close you can throw them your business plan. For the biotech-inclined, the Broad Institute for Genomics, Pfizer, Biogen, Novartis, and Genzyme are Sloan neighbors.