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Deadline for $1 million MIT innovation challenge

MIT Media Lab/Chengyuan Wei

MIT is offering $1 million in prize money for technological innovation that crosses income strata. The deadline to register is June 7.

The categories this year include ventures involving the development of skills, creation of income and jobs, and access to technology. Here is the link to register.

The contest, called the MIT Inclusive Innovation Challenge, began last year with $1 million in awards to 24 winners. Four grand prize winners received $125,000 each, and the rest $25,000 each.