Launching in early 2021, the Market-Creating Innovation Bootcamp is an eight-session curriculum designed to empower emerging market innovators with principles and frameworks necessary to create new markets that make products affordable. The bootcamp curriculum is anchored around the principles outlined in The Prosperity Paradox: How Innovation Can Lift Nations Out of Poverty, written by the late Harvard Business School professor Clayton M. Christensen.
Bootcamps will be hosted in multiple countries across Africa during 2021 and will take place virtually until it is safe to host them in person. The bootcamp is designed to be dynamic and practical and is best suited for early-stage entrepreneurs who are in the process of piloting or refining an idea that seeks to solve a problem for a majority of people in a region.
The Bootcamp curriculum was designed jointly by the Clayton Christensen Institute and The Legatum Center for Development & Entrepreneurship at MIT. The Bootcamp will be facilitated by teams from both the Christensen Institute and the Legatum Center. The entire Bootcamp program has been generously supported by the Mastercard Foundation.
About MIT Legatum Center
The Legatum Center was founded on the belief that entrepreneurs and their market-driven solutions are critical to advancing economic and social progress in the developing world. While global prosperity has increased in recent decades, the progress is uneven, with the worst deprivations concentrated in specific parts of the globe. The Center drives more inclusive prosperity by building pathways for the next generation of change agents who, through principled entrepreneurial leadership, will create good jobs, transform systems, and improve lives. Our supporters include the Legatum Grou... read more
MIT Legatum Center/Clayton Christensen Institute Market Creating Innovation Bootcamp
| Application Deadline | 01 Apr 2022 |
| Type | Entrepreneurs |
| Sponsor | MIT Legatum Center |
| Gender | Men and Women |
Aim and Benefits of MIT Legatum Center/Clayton Christensen Institute Market Creating Innovation Bootcamp
- Course: Participants will benefit from engaging sessions that fundamentally change how they think about innovation.
- Community: Participants will join a unique and growing community of people (investors, entrepreneurs, and policymakers) committed to building market-creating innovations in emerging economies.
- Coaching: Participants will gain access to some of the most reputable and forward-thinking innovators and investors committed to emerging economies.
- Certification: Participants will get a Market-Creating Innovation Bootcamp Certificate of Completion after the program is completed.
- Access to Capital: Upon completion of the Bootcamp, participants will have an opportunity to create an investment pitch deck that may be shared with a select group of investors committed to investing in emerging market-focused innovations.
The cost of participation is $1,999, however, through a generous grant from the Mastercard Foundation, the Bootcamp will be free for all participants accepted into the program. If selected, it is expected that participants can fulfill the time requirements and will complete the full Bootcamp.
Requirements for MIT Legatum Center/Clayton Christensen Institute Market Creating Innovation Bootcamp Qualification
- The Bootcamp is best suited for early-stage entrepreneurs who are in the process of piloting or refining an idea that seeks to solve a problem for a majority of people in a region. (We encourage founders to apply). Participants must have, or plan to have, ventures in one or more of the seven partner countries.
- The Bootcamp will initially be available to participants with a business idea, or existing business, operating in one of these seven countries: Ghana, Ethiopia, Kenya, Nigeria, Rwanda, Senegal, Uganda.
- The full Bootcamp is made up of eight sessions that will last approximately 90 minutes each. Participants can expect to spend an additional 60-90 minutes preparing for each session. The eight sessions will be offered over the course of a few days.
Interview date, Process and Venue for MIT Legatum Center/Clayton Christensen Institute Market Creating Innovation Bootcamp
Bootcamp locations will include Ghana, Ethiopia, Kenya, Nigeria, Rwanda, Senegal, Uganda. All Bootcamp sessions will be virtual until it is safe to offer them in-person.
Duration of Award;September 29 – October 1, 2021
Application Deadline
April 1, 2022How to Apply
For more details,visit MIT website
