Creative Arts Competition
The MIT Creative Arts Competition is an annual contest designed to encourage arts-focused startups at the Institute. The $15,000 prize is offered as a grant to help launch the winning enterprise and enable the recipient(s) to join the ranks of MIT’s successful startup founders.
Resources for Students
Competition Kickoff Conference:
Keynote on Bringing Meaning to the Marketplace: Make * Care * Strategize * Implement
Sunday, October 25, 2020
Wendy Swart Grossman and Jen Guillemin, co-founders of Creative Re/Frame, share their experiences as entrepreneurs, educators, and mentors. They discuss finding the motivation behind a creative venture, forming an idea, and putting it into action using the Make * Care * Strategize * Implement framework.
Panel Discussion
Sunday, October 25, 2020
Roundtable lightning talks with past winners and mentors of the $15K, including: Maria Esteban Casanas and Michael Stradley (Elements, 2020 $15K Winners); Ellen Shakespear (Spaceus, 2018 $15K Second Prize); Nir Hindi (Mentor, Founder of The Artian); and Jon Corbiere (Mentor, CEO of Thought Cafe).
Workshop series:
Building your Value Proposition
Thursday, November 11, 2020
Dr. Michael Camp, Executive Director of Entrepreneurship and Technology Innovation at Ohio State University, shares his experience on how to build and articulate your value proposition as an arts-related venture. This session focuses on understanding and explaining what makes your venture uniquely valuable to customers and stakeholders.
Building your Business Plan (For-profit track)
Sunday, December 6, 2020
Carly Chase, Managing Director of the MIT NYC Startup Studio and entrepreneur-in-residence at the Martin Trust Center, shares guidance on how to build a strong plan for your arts-related venture. This session focuses on building out the dimensions of a venture from key suppliers to target customers and everything in between.
Building your Business Plan (Non-profit track)
Monday, December 21, 2020
Miguel Rodriguez shares his experience as founder and president of Athlone Artists and executive with Boston Baroque, Opera Boston, and Boston Landmarks Orchestra. This session helps students interested in the competition’s non-profit track to build out a robust business plan by identifying target impact, stakeholders, key partners, and more.
Creating a Budget (For-profit track)
Wednesday, December 9, 2020
Kit Hickey, co-founder of Ministry of Supply and entrepreneur-in-residence at the Martin Trust Center shares her experience budgeting to support growth in a company’s early stages. This session is aimed at helping for-profit venture teams create and test a prospective budget.
Creating a Budget (Non-profit track)
Monday, December 7, 2020
Julia Turnbull, Assistant Director for Student Programs at the Legatum Center, will discuss her experience evaluating budgets and grant funding for the Inter American Development Bank. This session focuses on how to create a prospective budget to effectively plan for your non-profit venture’s growth.
Arts E-ship Launchpad WhatsApp:
This informal community of arts-minded entrepreneurs will act as a place for people to make introductions, collaborate, build, and share ideas. We’ll use this platform for $15K Creative Arts Competition team-building and ad hoc meetups/virtual networking events, among other things!
Join to keep up with all things arts entrepreneurship
January IAP Course: Communications Bootcamp for Artists and Creative Entrepreneurs
In this 4-week workshop, you will learn how to talk about, write about, and pitch artistic projects and ventures. You’ll develop an elevator pitch, artist and/or project statement, and learn how to write persuasively about your work for grant applications and awards or competitions. You’ll also learn best practices for developing a pitch deck or curating a portfolio. This course will help prepare you to participate in MIT-specific arts opportunities, including funding from the Council for the Arts at MIT, Student Art Awards, Wiesner Art Gallery exhibitions, and the $15K Creative Arts Competition.
$15K Applications will be open soon; deadline is Friday, February 5, 2021. Stay tuned for details!