MIT Idea Competition

The assessment and evaluation of the Ideation course at KTH is based on the MIT (Massachusetts Institute of Technology) IDEAS competition.

Hosted annually since 2001, this competition for the members of the MIT community serves as a catalyst, not only for university-based education and inspiration, but its reach and influence extend far beyond the campus.

According to the MIT IDEAS site, "IDEAS participants have leveraged more than $1.3 million in follow-on funding. IDEAS projects have been carried out in more than 20 countries, serving the needs of thousands of people."

Take a look at some of the winning projects!

The Medici Effect Blog

Today, more than ever, it makes sense to start an enterprise with meaning. One of my favorite start-ups is one that is still young, but growing rapidly--and it was initiated by two women from my home-town of Linköping, Sweden. They had no clue about business--but plenty of heart, soul, motivation, and common sense. They also networked like crazy and understood their product and potential market extremely well.

Pernilla Molander wanted to help her visually impaired son to succeed in high school chemistry. That's the story.

You can read an excellent version of their story on The Medici Effect Blog.

And you can visit the company, BRIGHT of Sweden to learn more about this great company, its first product, and their plans for new products in the future.

Ali G on pitching an idea?

Inspiration comes from many sources. It's not easy to pitch ideas, especially those that are futurist or seemingly absurd. Conservative financiers are certainly going to want to hear a strong argument or "pitch" from anyone who wants to gain support or money to back a new idea. Ali G might have the right idea, but without demonstrating better knowledge and without delivering a few "facts", the idea is simply "not going to fly." Take a look:

Enjoy!