MIT Solve has launched an innovation fund aimed at attracting funding for social-impact ventures tackling global issues such as access to clean water, reports Eillie Anzilotti for Fast Company. “There’s an increase in focus on these issues in the U.S. and across the world, and there’s definitely increased movement on the political and investment spectrums,” explains Alex Amouyel, executive director of Solve.
The Economist highlights how MIT startup Indigo is developing an engine system that could be incorporated within an electric vehicle’s wheels. The Economist notes that Indigo believes their system, “a module that incorporates brakes, steering and an active suspension, as well as a motor, overcomes both the electrical problem and the unsprung-weight problem, thus paving the way for in-wheel drives to become mainstream.”
WCVB-TV’s Chronicle highlights MIT startup Lunar Station, which is developing navigational services for companies and organizations looking to travel to the moon. Chronicle explains that the Lunar Station team “maps the lunar surface to ensure safe and profitable missions.”
John Steele Gordon writes for The Wall Street Journal about the history of census taking, which was aided by an electromechanical tabulating machine invented by MIT Prof. Herman Hollerith in 1899. “The Census Office immediately adopted the technology and was able to announce the total population in 1890 a mere six weeks after the count,” writes Gordon.
In an article they co-authored for STAT, Prof. Eric von Hippel and visiting scientist Harold DeMonaco suggest that patients often offer solutions for improving health care that medical professionals overlook. “In addition to fulfilling a personal need, patient-innovators are also attracted by the learning they gain from the process and from sharing their innovations with people with similar needs,” they write. “In short, it is a highly self-rewarding endeavor.”
TechCrunch reporter Jonathan Shieber writes about the women’s rental clothing service Armoire, an MIT spinoff. Shieber explains that Armoire aims to “provide a daily wardrobe for professional women at a price point that could be attractive enough to switch from an ownership to a rental model for fashion.”
Forbes contributor Poornima Peiris highlights some of the technology solutions developed by solvers participating in MIT Solve’s global challenges. Peiris spotlights everything from a new system to grow oyster reefs that can protest coastlines during storms and help filter toxins in water to a device that can be used to remotely monitor vital signs in infants in low-income areas of the world.
Forbes contributor Randy Bean spotlights how MIT Solve enables entrepreneurs to tackle some of the world’s most pressing challenges. “We are excited to address the early-stage innovation gap that will help us conquer the most pressing social problems across the world,” explains Alexandra Amouyel, Solve’s executive director.
Writing for Scientific American, Prof. Bob Langer examines how breakthroughs in biotechnology and materials science are enabling more personalized and effective treatments for patients. Langer highlights how by “engineering polymers that offer smart delivery systems, we can target specific parts of the body. This limits exposure and therefore adverse effects, offering more effective and precise treatment.”
Boston Magazine reporter Asia Bradlee spotlights Maelove, a beauty company founded by two MIT graduates that is aimed at providing luxury skincare products at affordable prices. Bradlee writes that the Maelove team “used clinical research, collaborated with dermatologists and medical researchers, and analyzed over three million product reviews to get a better idea of what ingredients made consumers the happiest.”
In an article for the Financial Times, Thomas Hale and Andy Bounds spotlights MIT’s role in making Kendall Square an innovation hub. Hale and Bounds write that a 2014 Brookings report noted that MIT “has always emphasised partnerships between the university and industry.”
Motherboard reporter Rob Dozier writes about Glitch, an MIT startup that uses machine learning to design clothing. “These tools are meant to empower human designers,” explains graduate student Emily Salvador. “What I think is really cool about these creative-focused AI tools is that there’s still this really compelling need for a human to intervene with the algorithm.”
Telegraph reporter David Millward explores how MIT researchers are helping make the Greater Boston area a hub for robotics research. “MIT has been really focused on how to accelerate innovation at the university and facilitate its transition outside the university into viable businesses,” explains Elisabeth Reynolds, executive director of the Work of the Future project.
In an article for The Wall Street Journal, visiting lecturer Irving Wladawsky-Berger highlights how MIT researchers have proposed a new method for measuring the value of digital goods to consumers. Using this new metric, researchers found that “the digital economy is contributing more consumer value than we’ve realized,” Wladawsky-Berger writes.
Smithsonian reporter Rachael Lallensack spotlights how MIT alumnus Anirudh Sharma developed a commercial ink from air pollution. Sharma explains that he hopes the ink, which is now on display at the Cooper Hewitt, Smithsonian Design Museum in New York, inspires others “to start looking at new forms of waste that are lying outside, unutilized.”