The Business Plan Contest has six tracks:
- Segal Family Foundation Emerging Markets
- Energy
- Life Sciences
- Mobile
- Products & Services
- Web/IT.
Segal Family Foundation Emerging Markets Track
The mission of the Emerging Markets Track is to create transformational change in emerging markets through business. This track is for companies addressing non-OECD countries, especially those in Africa, Latin America, South Asia, and Southeast Asia. The companies can be for-profit or non-profit companies. However, sustainability will be a major factor in the consideration of any business, so please make sure there is a very reliable funding model if the company is structured as a nonprofit.
Energy Track
The mission of the Energy Track is to turbo-charge the next generation of energy entrepreneurs to help solve the world’s energy challenge. The energy track is run through the MIT Clean Energy Prize. The deadline to enter this track is March 2, 2012, by 11:59 PM ET. Teams that enter the Energy Track and want to compete in the MIT $100K Business Plan Competition must have at least one MIT student on the team.
Life Sciences Track
The mission of the Life Sciences Track is to advance ideas and companies related to biotechnology, therapeutics, medical devices, biomaterials, healthcare IT, diagnostics and instrumentation.
Mobile Track
The mission of the Mobile Track is to inspire new products and services that can be used to enhance our lives and productivity when we are on the go. Software or other services related to mobile phones, tablets, and other mobile devices fall in this track.
Products & Services Track
The mission of the Products & Services Track is to build businesses that satisfy pressing consumer and business needs, ranging from revolutionary building materials to the latest high-tech gadget.
Web/IT Track
The mission of the Web/IT Track is to make the lives of individuals and businesses better by offering IT and web-based solutions that meet their needs.
