[ Back to EurekAlert! ] Public release date: 4-Dec-2012
[ | E-mail Share Share ]

Contact: Sarah McDonnell
s_mcd@mit.edu
617-253-8923
Massachusetts Institute of Technology

MIT Deshpande Center announces Fall 2012 research grants

8 research teams receive $706,000 to develop new technological innovations

CAMBRIDGE, Mass. -- The Deshpande Center for Technological Innovation at MIT today announced it is awarding $706,000 in grants to ten MIT research teams currently working on early-stage technologies. These projects have the potential to make a significant impact on our quality of life in cancer treatment, computation, arthritis, recovery from cataract surgery, semiconductor manufacture, image processing, retinal disease detection, food production and distribution.

The Deshpande Center, acting as a catalyst for innovation and entrepreneurship, awards grants that fund proof-of-concept explorations and validation for emerging technologies. "These projects are great examples of the exciting research at MIT. Each of them has the potential to significantly benefit to peoples' lives," says Ian A. Waitz, dean of the School of Engineering. "From healthcare, to big data, to semiconductors, to the food industry -- the Deshpande Center increases the impact of MIT's researchers by accelerating the movement of their work out of the lab and into practical solutions that benefit society."

The fall 2012 grant recipients are:

###

The Deshpande Center's mission is to move technologies from the laboratories at MIT to the marketplace. The Deshpande Center grants help recipients assess and reduce the technical and market risks associated with their innovations. In addition to financial support, the Deshpande Center's network of entrepreneurs, venture capitalists, and academic and legal experts helps recipients assess the commercial potential of their innovations and make decisions that accelerate progress toward the development of business plans or licensing strategies.

For more details on the research projects, visit: http://web.mit.edu/deshpandecenter/research_all_grants.html#current

The Deshpande Center has provided $12,000,000 in grants to 100 MIT research projects since 2002. Twenty seven projects have spun out of the center as independent startups, having collectively raised over $400 million in outside financing from investors.

About the MIT Deshpande Center for Technological Innovation

The Deshpande Center is part of the MIT School of Engineering and was established through an initial $20 million gift from Jaishree Deshpande and Desh Deshpande, the co-founder and chairman of Sycamore Networks. It is supported by gifts from alumni, friends and sponsors. The center serves as a catalyst for innovation and entrepreneurship by supporting leading-edge research and bridging the gap between the laboratory and marketplace. Additional information on the Deshpande Center's grant program, research portfolio and other entrepreneurial resources can be found at http://web.mit.edu/deshpandecenter/.



[ Back to EurekAlert! ] [ | E-mail Share Share ]

 


AAAS and EurekAlert! are not responsible for the accuracy of news releases posted to EurekAlert! by contributing institutions or for the use of any information through the EurekAlert! system.