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, Boston Medical Center and Post Office Square Redevelopment Corp. are joining forces to purchase solar power from a new solar farm being constructed in North Carolina, writes Jessica Bartlett for the Boston Business Journal. Bartlett writes that the project is “the largest renewable-energy project ever to be constructed in the U.S. through an alliance of different buyers.”
BostInno reporter Olivia Vanni writes that MIT, Boston Medical Center and Post Office Square Redevelopment Corp. have formed an alliance to purchase energy from a new solar power installation. “The amount of yearly clean energy generated from the project is 146 gigawatt-hours, which could lead to a reduction of 119,500 metric tons of carbon dioxide emissions,” writes Vanni.
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.
Tim Logan writes for The Boston Globe that MIT has received approval to develop new buildings, open spaces, restaurants, research and commercial spaces in Kendall Square. “We want to create a greater sense of place,” says Provost Martin Schmidt. “A greater place to live and learn, not only for our community, but also for our neighbors.”
On April 23rd, MIT will host an open house featuring 380 activities across campus, The Tech reports. Michael Berry ‘10, program coordinator for MIT 2016, explains that the open house offers visitors a chance to explore the “important and fun work done on MIT’s campus and how it impacts the world.”
Boston Globe reporter Mark Feeney writes about the MIT Museum’s new show, “Imagining New Technology: Building MIT in Cambridge,” which honors the 100th anniversary of the Institute’s move to Cambridge. Feeney writes that the items on display “make up a very MIT blend of the majestic, even magnificent…with the cheerfully goofy.”
Bryanna Cappadona reports for Boston.com that Matt Damon will be MIT’s 2016 commencement speaker. “Damon joins a long list of notable MIT commencement speakers, including U.S. Chief Technology Officer Megan Smith in 2015, DuPont CEO Ellen Kullman in 2014, and Dropbox co-founder and CEO Drew Houston in 2013,” writes Cappadona.
Actor and Cambridge native Matt Damon will speak at MIT’s 2016 commencement, writes Steve Annear for The Boston Globe. In addition to his success in Hollywood, Annear writes that Damon “is one of the founders of Water.org, a non-profit dedicated to delivering access to clean drinking water in developing countries.”
Academy Award-winning actor, filmmaker and social activist Matt Damon will deliver the 2016 commencement address at MIT, reports the Associated Press.