IoT for Good
Where technology, entrepreneurship, design, and social impact meet
Launched in 2017, IoT for Good Lab is an action tank providing opportunities, resources, seed funding, and support for students to initiate and launch social ventures to address the UN Global Goals by utilizing the Internet of Things (IoT). The Lab, sponsored by a three-year grant by The Verizon Foundation, facilitates interdisciplinary teams of entrepreneurial, engineering, design, art, and liberal arts students.
What is the IoT (Internet of Things)?
The Internet of Things (IoT) is being hailed as the next technological revolution and will generate new entrepreneurial opportunities, business models, and solutions to some of the world's toughest challenges. The IoT is a giant network of connected "things" and people, connecting people to people, people to things, and things to things. The IoT will facilitate better decision making based on the enormous amounts of information and data made available to all of us.
Who is an IoT For Good Entrepreneur?
As the #1 School of Entrepreneurship, Babson leverages its Entrepreneurial Thought & Action® (ET&A™) methodology to teach future leaders how to convert complex challenges into opportunities for social, environmental, and economic value creation. An IoT For Good entrepreneur is any entrepreneurial thinker who leverages and integrates knowledge in technology, business, and/or design to amplify and accelerate social impact solutions to address the UN Sustainable Development Goals (SDGs), using the Internet of Things.
How are we developing IoT For Good Entrepreneurs?
Classrooms & Convenings
We raise awareness and explore opportunities for addressing the UN Global Goals through IoT-enabled solutions.
Interdisciplinary student teams use ET&A to experiment with IoT and develop solutions that address specific UN Global Goals.
Students will have the opportunity to enter a pitch competition and to receive resources, seed funding, and support to launch their winning venture.
For more information, contact Ken Freitas, director of IoT for Good Lab.
IoT For Good Sponsor
Verizon and Babson have been thinking partners in the space of social innovation for many years. Both have been on a journey to understand how to create economic and social value simultaneously. Both have assets that can be deployed to innovate around IoT and address many, if not most, of the UN Sustainable Development Goals. Verizon's Innovation Center in Waltham has unlimited potential to attract the best and the brightest from Boston area schools to leverage Verizon's technology to create and scale solutions that can address such challenges as mitigating food waste; creating a culture of health and wellness; addressing safety and well-being; addressing climate change; creating connected, sustainable, inclusive cities; addressing infrastructure issues; and more.