The MIT $100K Community Blog

January 1, 2010 - Author: Emily Short and Luke Behnke

Happy 2010 and welcome to our new blog! We are here to talk about entrepreneurship: who’s doing it, why we do it, how to succeed and learn from failure. We hope you’ll join us.

The MIT $100K Entrepreneurship Competition strives to enable entrepreneurs to successfully launch their business. Over the past 20 years, we have established an amazing community of entrepreneurs, investors, mentors, judges and alumni with great insight into the entrepreneurial experience.

With the MIT $100K blog, we want to give a voice to our community. This will be a place to learn about the competition, keep up-to-date on MIT $100K alumni news, and discuss all things entrepreneurial.

We want to start by reflecting on how far we’ve come. We have invited some of those who are most familiar with the competition by reaching out to the competition’s founders and early participants – back when the MIT $100K was known as the MIT $10K. The competition has grown at an incredible rate in terms of number of participants, quality of business plans, mentoring services and sponsorship support. As part of the organizing team, we feel honored to bear witness to this phenomenon – this year we broke our own record again with 139 submissions for the 2009 Executive Summary Contest – and we anticipate another record year for business plan submissions in 2010.

MIT $100K Submissions by Year

Whether you’re participating in the MIT $100K Entrepreneurial Competition or just want a little entrepreneurial inspiration, we hope you’ll participate in this forum. Please follow us and check back often!

Emily Short and Luke Behnke are part of the MIT $100K organizing committee. Emily came to MIT to learn from entrepreneurs and is inspired by the MIT $100K. Luke came to MIT to pursue Entrepreneurship and Innovation, and to get connected to the incredible entrepreneurial ecosystem (exemplified by the MIT $100K).