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.”
Katie Rae, CEO and president of The Engine, speaks with Boston Globe reporter Scott Kirsner about the new venture, which is aimed at supporting startups focused on “tough tech.” Rae says The Engine is “a very hopeful project in my mind — investing in important ideas over the long-term.”
Boston Globe reporter Tim Logan writes that MIT has unveiled preliminary plans for the Volpe Center site. Logan writes that the plans currently include “1,400 housing units — one-fifth set at affordable rents — 1.7 million square feet of office and lab space, street-level retail and three acres of greenspace on the campus.”
Appearing on WCVB-TV’s Chronicle, Provost Marty Schmidt explains why Kendall Square is a hub for innovation, highlighting how the region brings together organizations working on everything from computer science and biotech to brain and cognitive sciences. Schmidt explains that Kendall Square’s innovation ecosystem means research “coming out of MIT (can) be immediately translated to impact.”
Boston Globe reporter Tim Logan writes that MIT has signed an agreement to redevelop the Volpe Center site. “What we have in mind is a big vision,” says Israel Ruiz, MIT’s executive vice president and treasurer. “We want to do more in Kendall Square. This enables us to do it at a level of scale.”
Writing for The Boston Globe, Sacha Pfeiffer highlights how MIT has partnered with Google, the City of Cambridge, Boston Properties, Alexandria Real Estate Equities and several other organizations to provide free high-speed Wi-Fi in Kendall Square and at the Newtowne Court and Washington Elms public housing developments.
In an article for The Boston Globe’s special section on the 2016 “Top Places to Work,” Sacha Pfeiffer highlights MIT’s new commuter benefits. Pfeiffer writes that MIT is providing “employees free MBTA bus and subway access through a chip embedded in their university ID cards.”
Boston Globe reporter Tim Logan writes that federal officials announced the initial section of MIT to redevelop the Volpe Transportation Center in Kendall Square. “They understand how to work in Cambridge,” says Greg Vasil of the Greater Boston Real Estate Board of MIT’s long history in the area. “With something this big and intricate, that can really pay off.”
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.