Harvard Innovation Lab Awards $310,000 to Student Ventures

NEC member Harvard University awarded $310,000 through the Harvard Innovation Lab to student winners who participated in the President’s Innovation Challenge.

The Harvard Innovation Lab, a university initiative aimed at fostering student entrepreneurship, hosted the sixth annual President’s Innovation Challenge. The President’s Innovation Challenge is a competition for Harvard students to develop solutions to current problems faced by the health and life sciences industry. The competition judges reviewed over student-submitted 200 proposals before deciding on seven winning proposals in four different categories: Social Impact and Cultural Enterprise; Health and Life Science; open submission track; and crowd favorite. The grand prize teams in each category won $75,000 to fund their proposal ventures.

“We focus on inputs and not outputs,” said Managing Director of Harvard Innovation Labs, Jodi Goldstein. “Our real focus is to nurture and support students as they turn their ideas into business proposals.”

The New England Council thanks Harvard University for its encouragement of and investment in student entrepreneurship through initiatives like the Innovation Challenge. Read more in The Boston Globe and The Harvard Crimson.

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