The Deshpande Center for Technological Innovation can help. The Center supports leading-edge research in emerging technologies and cultivates interactions between MIT and the entrepreneurial business community.
Since 2002, the Deshpande Center has:
- funded 75 research projects providing more than $10 million in grants;
- helped 25 percent of the research teams, that it supported, commercialize their technologies by forming new companies and raising funding, or licensing their innovations to existing companies;
- mentored 20 spin-outs that have raised more than $160 million in capital;
You are encouraged to apply for either of the following types of awards:
If you have an idea that you believe could address a significant market need if successful, and you believe you could achieve a proof-of-concept in less than a year with a grant of up to $50,000.
If you have a technology that you think could be brought close to commercialization within a year or so with some additional funding, connections and advisory support, and you are eager to see your technology applied to the real world. Innovation grants start at $50,000. (The committee will consider proposals up to a maximum of $250,000 with strong budget justification).
Along with funding, the Deshpande Center grant recipients receive:
- Exposure through Deshpande Center events and opportunities to connect with investors, entrepreneurs, the business community, and the media as appropriate.
- Support through our Catalyst Program, including customer contacts, business advice, market input, and IP strategy.
- Opportunity to participate in i-Teams, a cross-campus course that involves highly qualified teams of pre-screened graduate students in Deshpande Center projects.
- April 20, 2010 — Pre-proposals due 5 p.m.
- June 4, 2010 — Full proposal notification
- July 6, 2010 — Full proposals due 5 p.m.
- July 13-14, 2010 — Proposal presentation sessions, 2-5 p.m.
- August 27, 2010 — Notification of Grant Recipients
- October 2010 — Public announcement of Grant Recipients