An overview presentation on how we structure and run the Global Founders' Skills Accelerator for student ventures at MIT

1. Kyle Judah
Program Director, MIT
2x Startup cofounder & CEO
@KyleJudah
@EShipMIT

2. Go Red Sox!

3. Established in 1990
Product/market fit
5 yrs ago
Gift from
Martin Trust
MIT ’58
Dean Fiona Murray,
Faculty Director

4. Bill Aulet,
Managing Director

6. Approx. 40 Courses
Extracurriculars
Capstone Experiences

7. • Driven by student demand
• 2 Years Old
• 13 Teams (7% of applicants)
• Early June – Early Sept
• Mens et Manus

8. GFSA 2013 Demographics
66% Engineering Students
47% Female CEOs
52% Undergrads
55% Hardware Startups

9. • Team can be awarded up to $20,000 based on
milestones
• $1,500/student/month fellowship
• Take no equity

10. 1) Honest Broker Policy
- Safe to experiment, fail & learn

11. 2) Global
- New, global approaches to e’ship

12. 3) Structure
- Simulated Board, Milestones, etc.

13. We optimize for student
success
Not venture success

14. • Milestones induce behavior change
• Small batch content sessions work
better
• Community matters
• Lateral learning is crucial

15. If you’re considering an accelerator

16. Please feel free to reach out
Kyle Judah
KJudah@mit.edu
@KyleJudah