The internationally-renowned Massachusetts Institute of Technology (MIT) Global Entrepreneurship Bootcamp is taking place in Australia for the first time, next year. Three all-expenses paid scholarships are up for grabs – but interested Aussies must be quick: the application deadline is tomorrow (15 Dec).
The boot camp is being held at QUT’s Gardens Point campus from March 26 to 31 2017. As part of the intensive schedule, participants will be trained to use innovation to solve real-world challenges before pitching their solutions to a panel of global investors.
Of the three scholarships available, one is reserved for an Indigenous Australia. While scholarship applications must be submitted by 15 December 2016, full fee-paying applicants have until 31 January 2017.
Mark Sowerby, Queensland government’s first Chief Entrepreneur and founder of the ASX-listed Blue Sky Alternative Investments said the MIT Global Bootcamp is an excellent platform for budding entrepreneurs seeking to attract investors.
“We are driving entrepreneurship across Queensland and providing the springboard for entrepreneurs to change their lives,” he said.
“Hosting the MIT Bootcamp is a major coup for Brisbane, and will help to cement our reputation as Australia’s global innovation hub.”
Bill Kirkley, MIT’s Strategic Partnerships Manager for Australia said MIT alumni are on par with the 10th largest economy in the world.
“They cumulatively have established more than 30,000 active companies, employ 4.6 million people and turn over US$1.9 trillion annually,” he said.
“Aussie MIT Bootcamper, Miranda Phua, walked away from her 2014 bootcamp experience with life-changing entrepreneurial skills and global connections that she leveraged to co-found two disruptive social innovations in two years.”
The MIT Entrepreneurship Bootcamp is among several Queensland Government initiatives including 3DS and Hot DesQ that are infusing the state with international talent and raising Queensland’s profile as Australia’s most entrepreneurial state.