Sacha Pfeiffer highlights how MIT began providing employees free MBTA passes for local bus and subway services as part of The Boston Globe’s 2017 “Game Changers” section. Pfeiffer notes that MIT, “true to its high-tech reputation, took a pair of innovative steps last year to dissuade its employees from driving to work.”
WBUR reporter Asma Khalid reports on how The Engine could help the Boston-area innovation ecosystem. Katie Rae, president and CEO of The Engine, explains that The Engine will support startups focused on tough technologies, which “take longer than most venture capital firms want to take bets on."
Katie Rae, president and CEO of The Engine, speaks with Meghna Chakrabarti of Radio Boston about her new role and why The Engine is aimed at addressing the gap between science and commercialization. Rae explains that The Engine will be focused on “investing very early into the translational stage for science-oriented startups.”
Xconomy reporter Jeff Engel writes about The Engine, a new venture MIT launched to provide “resources to startups whose technologies typically take lots of time and capital to develop—think biotech, robotics, advanced manufacturing, medical devices, and energy.”
BostInno reporter Olivia Vanni writes that MIT is launching a new venture to support startups working on scientific and technological innovations that require time and patient capital. Vanni writes that tech industry leaders see the new effort “as a prime opportunity to retain our local tech talent."
CNN reporter Matt McFarland writes that MIT is launching a new entity aimed at providing space, funding and support for startups focused on tackling the world’s biggest challenges. "This is putting a piece in the puzzle that is missing," explains Executive Vice President and Treasurer Israel Ruiz. "There's a deficiency in the ecosystem to support these startups."
President L. Rafael Reif writes for The Boston Globe about The Engine, a new venture built by MIT to support startups tackling the world’s pressing challenges. Reif writes that The Engine will provide a model of support that nurtures “high-impact ideas and speeds them into the world while helping our regional innovation ecosystem flourish.”
Zeninjor Enwemeka reports for WBUR that MIT is launching an effort aimed at helping startups bring scientific inventions from the lab to the marketplace. Enwemeka notes that in addition to providing space, funding and support for startups, The Engine “will tap into the region's innovation hubs and aims to create an innovation network across the area.”
MIT’s new enterprise, called The Engine, is aimed at supporting startups in research-heavy fields, writes Curt Woodward for The Boston Globe. “We see the opportunity for MIT to start this process and really make a huge difference in driving down the cost of innovation in hard technology and science,” notes Israel Ruiz, MIT’s executive vice president and treasurer.
David Harris reports for the Boston Business Journal on MIT’s new venture that will provide space, funding and support to startups focused on developing “‘tough’ technologies — big ideas that require time and long-term capital to commercialize — in a range of sectors including biotechnology, robotics, manufacturing, medical devices and energy.”
MIT will be offering employees free MBTA passes for local bus and subway service to encourage more people to use public transportation and reduce the environmental impact of commuting, Inside Higher Ed reports.
In an article for The Boston Globe, Steve Annear writes that MIT is rolling out several new benefits for faculty and staff commuting to campus, including free, unlimited subway and local bus usage. “By providing employees with the pass, the school hopes to ease the demand for parking near campus and help reduce carbon emissions,” Annear writes.
Boston.com reporter Nina Godlewski writes that a time capsule from 1957 has been discovered at MIT. The capsule was a “specially designed glass cylinder and contained argon gas to preserve the contents. A little bit of carbon-14 was also added so scientists could date the capsule.”
A glass time capsule from 1957 has been unearthed during excavation for MIT.nano, reports Steve Annear for The Boston Globe. Deborah Douglas, director of collections for the MIT Museum, says that the capsule is “a wonderful gesture, executed MIT-style.”
Popular Science reporter Mary Beth Griggs writes about the discovery of a time capsule from 1957 during excavation for MIT.nano. Griggs writes that the capsule had “been in the ground for 58 years, but it was supposed to be in place for much longer.”