Legatum Center at MIT Innovations Competition

Eligibility

1. The venture must advance financial inclusion.
2. The venture must have a presence in Sub-Saharan Africa.
3. The venture must demonstrate potential for financial self-sustainability.
4. The venture must have progressed beyond concept, demonstrating evidence of factors such as customers, revenues, business registration, patents or IP filings, working prototypes, institutional funding, or formal employees.
5. The venture must not have received more than $10M USD in aggregate funding.
6. The venture must not have more than $10M USD in annual revenue.
7. The venture must have a founder or co-founder that work or plan to work full-time on the venture.
8. If selected as semi-finalists, ventures must provide supplemental financial information.
9. If selected as finalists, ventures must have a founder or co-founder to attend an MIT-sponsored boot camp.
10. Individuals and teams are eligible.