mit club of new york city - launch deck
DESCRIPTION
Presentation for launch 3/29 at Aicon gallery, including two student teams and one alumni team.TRANSCRIPT
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A global network to inspire, support,
and scale invention as public service at MIT
MIT Club of New York CityMarch 29, 2011
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Tonight• Background• Teams• Q&A• How to be involved• Mix it up!
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@mitchallenge#mitgclaunch
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• Kate Mytty• D-Lab• Burt Kaliski
(‘84)
Introduction
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It Begins with IDEAS• Innovation• Development• Enterprise• Action• Service
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Since 2001 66 teams have been awarded more than $260,000 to work in 28 countries
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Outcomes•$3.2m in follow-on funding
14 actively developing their model
8 technology transfer partnerships
5 non profit organizations
3 for profit businesses
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25,800 companies founded by MIT alumni employ about 3.3 million people and generate annual world revenues of $2 trillion, producing the equivalent of the eleventh-largest economy in the world.*
* From the 2009 Kauffman Foundation report, “Entrepreneurial Impact: The Role of MIT”
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Alumni clubs and Enterprise Forums in over 120countries represent a powerful support network
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Imagine if we could bring that technical and entrepreneurial talent together with students tackling today’s humanitarian challenges.
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Five goals• Support design for development
ecology• Enable experiential learning
through service• Nurture students, teams, and
projects• Engage alumni worldwide• Achieve greater community impact
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Two Year Lifecycle1. Discovery2. Deploy
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Benchmarks this Year• > 520 students engaged 15 events
• 84 teams entered projects in 24 countries
• 83 proposals reviewed
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Also this year• > 4000 users 1093 students, faculty, alumni
• > 40 alumni volunteering mentors, reviewers, hosts
• 10 problems defined by communities
• 3 challenges sponsored at $25k each
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TEAM
Jeevikah
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TEAM
Maa Bara
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TEAM
AssuredLabor/
EmpleoListo!
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David Reich: Founder & CEO | [email protected] | +1 917-428-9257
Confidential Property of Assured Labor, Inc.
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2020
What we do
Assured Labor leverages the power of mobile phones
to rapidly connect employers with mid-to-low wage workers
that may lack consistent access to the internet.
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Built from the Ground up for Emerging Markets
Job seekers in Emerging Markets find jobs and use technology differently than in the developed world
66% to 80% of internet users in Emerging Markets don’t have a computer at home
4.6 Billion Cell phone subscribers Globally1.5 Billion Internet Users
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Innovation?
Recruitment in emerging markets today
Word of mouth
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Assured Labor’s Brand in Latin America
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Path to enable anyone with a phone to find a job
5-10% Computer in Home
Internet Café
On Mobile
25%
50%
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Disruptive Innovation: Flipping the modelProcess
• Employers can now use the web to recruit mid-to-low wage candidates
• No Junk
• Positions filled faster for less
• Candidates get hired faster with less expense in the process
80% of Jobs in emerging markets could be filled faster and cheaper with Assured Labor
Post on Board
Search Connect
(Candidates search)
(Employers search)
Painful
• Mid-to-low Wage Candidates are not there
• 1,000’s of irrelevant “Junk” Resumes
• Invalid Contact information
• Slow response rate
Wait
Better
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Tiendas Extra desea contactarte para Administrador en D.F. Si te interesa aplicar, responde enviando el codigo 45
Candidates Get the Text and Respond
60% respondWithin 24 hours
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Over 100,000 candidates
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Prestigious Employers
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It all began at MIT
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What’s next• Alumni Engagement Launch Parties NY, MN,
CA
• Online Voting & Judging April 6-25
• Poster & Judging Session April 25
• Award Ceremony & Viewing Parties May 2
• Winners’ Retreat May 23-24
• Teams Hit the Field June
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You can help• Reach out, recruit• Connect, support• Scale and sustain
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So by April 25• Come register• Get in there and vote• Promote the teams you support• Join us May 2
!O
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Special ThanksGary, Lenora, MIT Club of NYC
Andrea, Theresa, Aicon
PSC Leadership Council
Teams Jeevikah and Maa Bara
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Lars Hasselblad [email protected]
Kate [email protected]
On the web http://globalchallenge.mit.edu
On Twitter @mitchallenge