OpenBeauchef FCFM Universidad de Chile

MIT REAP Program

The REAP program is the cornerstone of MIT’s global initiative. It is designed to help different regions to boost economic growth and the creation of employment with a high added value through Entrepreneurship driven by Innovation (IDE: Innovation-Driven Entrepreneurship).

The associated regions create multidisciplinary teams and get involved in a two-year collaborative advisory and learning process with MIT, so as to build and enforce a personalized regional strategy to improve their IDE ecosystems.

MIT-REAP accepts 8-10 regional partners each year to take part in this two-year commitment. A typical REAP region has a population of 3-10 million people. Each regional partner has a team of 5-7 highly influential people and is run by a regional champion. The 5 largest stakeholder groups are represented in the MIT REAP team: government, corporate, academic, venture capital and entrepreneurs.

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