GUIDELINES
WHAT are we looking for?
MITdesignX Venice seeks diverse, interdisciplinary teams working on challenging ideas to design solutions and launch a real venture based in Venice. We are looking for ideas(*) or early stage startups dedicated to solving problems experienced in Venice as well as other coastal and historical cities. Every MDXV edition will have specific themes. In 2022, the themes were:
Art and Architecture: sustainability, maintenance, and preservation
Tourism of the future: fair accommodations and sustainable mobility
Water, Energy and Environment
Smart tools for cities and citizens
In 2023, there may be different themes. Themes will be announced in early 2023.
(*) At MITdesignX Venice, Intellectual Property (IP) is considered the property of the individuals and/or teams. MIT and SerenDPT will not stake IP or patent claims to new ideas developed at MITdesignX Venice.
WHO are we looking for?
EVERYONE is invited to submit an application, whether students, professionals, or community members of all backgrounds.
Teams should be composed of at least 2 people and not more than 5.
An individual cannot apply as a single proponent and cannot apply as a member of more than one team.
Ideal candidates are ideas with a connection to Venice, or to the problems the city experiences.
HOW can you participate?
Applications can be submitted online (in English) during the submission period. Applications are currently closed and will reopen in May 2023.
We encourage individuals and teams to attend preparatory events that are programmed before the submission deadline.
Attendance in the preparatory events is not mandatory.
Teams can submit an application without attending any preliminary event.
Participation in the preliminary events helps teams to hone their idea and make a better submission
Up to 10 top ideas will be selected to participate in the Fall program.
Requirements
Anyone can be a member of a team, regardless of age, origin or background.
Participants are required to speak a good level of English. The entire program (Bootcamp, workshops and final pitch) will be held in English.
If selected for the fall program, in-person attendance by at least 50% of the team is mandatory to receive funding.
Evaluation Criteria
Applications go through a selection process that reviews ideas based on
human and social impact
feasibility
uniqueness
market fit and scalability
team composition, diversity and skillset
preference will be given to teams with one or more members from Venice or the Veneto.
Up to 10 teams are selected
Funding for Teams
each team will receive up-front grants to fund initial team expenses needed to develop the idea.
final prizes will be awarded to the top 3 startups based on the final pitch.
MITdesignX Venice reserves all rights to make decisions on acceptable use of funds. All expenses and procurement must be acceptable to MITdesignX Venice.
SerenDPT provides a workspace for the selected teams during the on-site workshops and will offer a facilitated permanence inside the Fabbrica H3 incubator after the end of the program.
Funding Rules and Procedures
Only teams will receive funding (not individuals). The grant is allocated to the venture, not to individual team members. Individuals may receive payments based on reimbursements of costs approved for the team. If changes are made to a team’s composition, the grant follows the team accepted into the program and not the individual team members.
Funding cannot be split. Only the original idea and team composition selected by MITdesignX will be eligible for the program and funding unless (a) a team member voluntarily quits the team and the remaining members continue or (b) an acceptable pivot by members of the remaining team continues with the program.
Detailed funding procedures will be provided.