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."
Barbara Fister writes for Inside Higher Ed about the task force report examining the future of MIT’s libraries. “The library it envisions is so much more than information rented annually for the use of a single community. It’s a place that values its local community and provides a physical space in which to learn and ask questions.”
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.”
President L. Rafael Reif speaks with Federico Kukso of El País about the MIT Campaign for a Better World and the need to educate students prepared to tackle society’s most pressing challenges. MIT is “an intellectually explosive, unique place,” says Reif, adding that “we value intelligence, passion, curiosity.”
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.
Boston.com reporter Eric Levenson writes that MIT senior class president Anish Punjabi, “closed his commencement speech at graduation on Friday with a rush of rap riffing on Matt Damon’s film career, sending the actor into hysterics.”
Matt Damon was awarded an honorary MIT Pirate Certificate during MIT’s Commencement, Nicole Hernandez reports for The Boston Globe. The certificate - which is presented to students who complete courses in pistol, archery, sailing and fencing - notes that Damon is “no longer a lily-livered landlubber.”
Chloe Melas reports for CNN on Matt Damon’s address at MIT’s 2016 Commencement exercises. During his speech, Damon called on graduates to tackle some of the world’s most pressing problems. "This world has some problems that we need you to drop everything and solve," Damon noted.