University programme · Cambridge, Massachusetts, United States

MIT Sandbox Innovation Fund Program

MIT's educational programme for student-led ventures at any stage, with group and paired mentoring, expert access and up to US$25,000 in cumulative non-dilutive funding. New teams join in fall, spring or summer cycles.

Closed Run by Massachusetts Institute of Technology

Verified 18 October 2026 · From the programme's own pages

Terms

Funding
not published Up to US$25,000 in cumulative non-dilutive funding; requests of US$5,000 or more are decided after a pitch to the Funding Board
Instrument
Grant
Equity taken
None (equity-free) Funding is non-dilutive and teams keep their intellectual property
Programme fee
not published
Duration
not published
Cohort size
not published
Cohorts
not published
Delivery
In person
Stages
Idea, pre-seed
Sectors
Sector-agnostic
Open to founders from
not published
Perks
  • Group mentoring for entering teams
  • Two dedicated mentors for advanced teams
  • Access to startup experts

Runs continuously with three application cycles a year (fall, spring and summer). Sandbox describes itself as an educational programme, not a competition. Continuing teams complete a self-assessment each summer.

Application dates

ClosedFall 2026

Fall 2026: applications opened 4 September 2026 and closed 14 September 2026.

Usual timing: Three application cycles a year, in fall, spring and summer.

Who can apply

  • Open to MIT students, including undergraduates, master's and PhD students
  • EMBA students are not eligible
  • Teams must show commitment to their idea and willingness to invest in early research and planning
  • Teams asking for US$5,000 or more must pitch to the Funding Board, and may pitch to it no more than twice
  • Stage: idea, pre-seed

What founders should check

  1. The programme says it takes no equity. Still read the agreement for warrants, revenue shares or rights in a later round.
  2. It does not publish a fee. Ask whether you pay for desks, services or the programme itself.
  3. It runs in person in Cambridge. Plan to be there for the length of the programme.
  4. The last window we track closed on 14 September 2026. Three application cycles a year, in fall, spring and summer.

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