MIT $100K Entrepreneurship Competition
About the program · 1 linked sources
The MIT $100K Entrepreneurship Competition is a student-led three-phase competition at the MIT Sloan School of Management. Founded in 1989-1990, it is one of the oldest and most prestigious university entrepreneurship competitions. Three phases: Pitch (Sept, $5K grand prize + $2K audience choice), Accelerate (March, prototyping, $10K prize at MIT Media Lab), Launch (May, $100K grand prize). Awards $300K+ in non-dilutive funding annually. Alumni include Akamai, HubSpot, and Harmonix. Companies worth $16B+ in market capitalization have emerged.
Also known as: MIT $100K, MIT 100K Competition
How we know this: the figures on this page come from the linked sources (last verified 2026-06-25); what those sources do not state is left unknown.
Key numbers
Funding range
$100,000
Equity
None
Application
Annual
Campus Wide
Last activity
2026-06-25
High confidence
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Student experiences · Read or add a note
Student notes
MIT $100K Entrepreneurship Competition
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Known startups and winners
Competition winners and notable student ventures from our research.
Akamai
$100,000
prize won
Massachusetts Institute of Technology
MIT $100K Entrepreneurship Competition runner-up 1998.
Harmonix
$100,000
prize won
Massachusetts Institute of Technology
MIT $100K Entrepreneurship Competition finalist 1995.
HubSpot
Finalist
placement
Massachusetts Institute of Technology
Finalist in the 2006 MIT 100K Entrepreneurship Competition. The official alumni list does not attach a cash prize to that finalist result.
Okta
$100,000
prize won
Massachusetts Institute of Technology
MIT $100K Entrepreneurship Competition alumni outcome documented on MIT institution page.
News & articles
News articles and official sources documenting MIT $100K Entrepreneurship Competition at Massachusetts Institute of Technology.
1 source
Massachusetts Institute of Technology
MIT $100K Entrepreneurship Competition
Official MIT $100K Entrepreneurship Competition page. Past participants include HubSpot, listed as a 2006 finalist. The page does not attach a cash prize to that finalist result.
Read on Massachusetts Institute of Technology