Up to $200,000+ for Tech-Based Solutions Tackling Global Challenges – MIT Solve

MIT Solve's 2027 Global Challenges are offering funding and extensive support to innovators developing technology-based solutions to some of the world's biggest social and environmental problems.

Successful applicants can become part of MIT Solve's global Solver community, receive guaranteed grant funding and potentially qualify for substantial additional prizes from Solve's funding partners.

Here’s what you can expect:

• $10,000 grant for every team selected as a Solver

• Additional prizes worth up to $200,000

• Multiple funding opportunities available across the 2027 Challenges

• Access to MIT's global innovation ecosystem

• Connections with investors, funders and industry leaders

• Mentorship and strategic support

• Opportunities to build partnerships and secure further funding

• Exposure through MIT Solve's international network

• Support designed to help successful solutions grow and scale their impact

Additional prizes currently include opportunities such as:

• Up to $200,000 – Community Catalyst Prize

• Up to $150,000 – AI for Humanity Prize

• $150,000 – Climate-Positive and Equitable Food Systems Prize

• Up to $100,000 – Crescent Enterprises AI for Social Innovation Prize

• $100,000 – E Ink Innovation Prize

• Up to $100,000 – Ocean Innovation Prize

• Up to $100,000 – Schmidt Marine Wavemaker's Prize

• $100,000 – Citizens Workforce Innovation Prize

Eligibility for these additional prizes varies depending on the project's sector, geography and technology.

Who can apply?

MIT Solve's Global Challenges are designed to be highly accessible and applications can come from innovators around the world.

Applicants can include:

• Entrepreneurs and startup founders

• Nonprofit organisations

• For-profit organisations

• Social enterprises

• Researchers and innovators

• Community-based organisations

• Individuals

• Teams developing innovative solutions

Applicants can submit their solution individually or as part of a team.

Solutions should use technology and innovation to address a significant social or environmental problem and demonstrate the potential to grow their impact.

The 2027 challenges focus on major areas including:

• Economic prosperity

• Climate

• Health

• Learning

• Indigenous communities

For example, the 2027 Global Economic Prosperity Challenge is seeking solutions that expand access to quality work, affordable housing and financial resilience.

Solutions do not necessarily need to be fully scaled already. MIT Solve's 2027 Global Challenges have broader eligibility for earlier-stage solutions, giving emerging innovators an opportunity to apply.

Funding: $10,000 guaranteed grant for each selected Solver team, with eligible teams able to receive additional prizes of up to $200,000.

Deadline: 🚨 2 November 2026 at 12:00pm EST