Regional development Entrepreneurship Innovation management

MIT Industrial Liaison Program
Regional Competitiveness Program
About the MIT ILP Regional
Competitiveness Program
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Why Industry Comes to Academia
Academia’s Research Engine
About MIT and its Industrial Liaison Program
Why Strengthen Regional Competitiveness
The Cambridge/Boston Innovation Ecosystem
What is the Regional Competitiveness Program
RCP Member Benefits and Member Services
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Why Industry Comes to Academia
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Expose management to leading-edge thinking,
technology
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Gain insight from internationally-recognized
experts
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Strengthen strategic decision-making:
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development of new products and processes
implementation of innovative management practices
achievement of effective growth strategies
Create research synergies
Recruit future company leaders
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Academia’s Research Engine
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US universities are estimated to perform $50.6 billion in R&D in 2009.
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Academia continues to perform more than half of the nation’s total basic research.
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Estimated federal share of academic R&D funding in 2009 is 60%.
This represents a 0.6% increase from 2008.
Estimated industry funding of academic R&D is $3.1 billion in 2009.
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Basic research drives new knowledge, innovation.
Industry is weakening its concentration in support of basic research.
Federal government continues to provide the majority of funding for academic R&D.
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Recent trend has been approx. 75% basic, 25% applied.
This represents a 3.9% increase from 2008.
Interest continues to grow in participating in collaborative research programs involving industry
and universities.
Industrial support accounts for the smallest share of academic R&D funding.
Academic R&D will account for an estimated 13.2% of total R&D performed in 2009.
Industry continues to decrease its support of basic research.
Source: Battelle 2009 Global R&D Funding Forecast
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MIT Research Funding — FY2009
On-Campus R&D: $718 million
DOD
9%
Total Industry Support: $241.3 million
Other U.S. Gov't
19%
Industry Sponsored R&D — $116 million
Foundation/Other NonProfits
18%
Industry Sponsored R&D
$116 million (16%)
OTHER
4%
Licensing — $75.7 million
Gifts — $45.6 million
HHS
32%
MIT Internal/Lincoln
Lab
Other — 9.3 million
Source: MIT Data Warehouse — FY09 Expenditures by Sponsor
(unaudited) 8/21/09
Source: OCR FY09 Industry Support
(unaudited as of 8/25/09)
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Solving Real-World Problems
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MIT researchers focus on discoveries of real
practical impact, strong commercial value
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Vibrant patenting/licensing activity
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2009 Kauffman Foundation Entrepreneurship
Study
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501 new invention disclosures FY 2009
$75.7 million total licensing revenue
131 patents filed, 67 licenses granted
25,000+ companies founded by MIT alums
3.3+ million jobs
$2 trillion in annual world sales
708 companies provided R&D/gift support in FY
2008
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30 companies funded $1M+
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158 companies funded $100K - $1M
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MIT Technology Powerhouse
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72 MIT-related Nobel Prize winners
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Including 7 current faculty members
5 schools, 33 departments/divisions/sections/other programs
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57 interdisciplinary research units
Research Center
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Advancing Your Agenda at MIT
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MIT poses a complex challenge
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How to find the right experts?
How to learn from the vast experience of the
Cambridge/Boston innovation ecosystem?
How to identify the right programs and meet the right
people?
How to organize the right interactions?
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What is the Industrial Liaison Program?
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The ILP is industry’s chief gateway and guide to MIT
Company
COMPANIES
COMPANY
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ILP
MIT
Provides expert counsel on building productive partnerships
Develops customized, cost effective programs
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Assess, address strategic research needs
Facilitate faculty, researcher interactions
Monitor emerging technologies and innovative management practices
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ILP Facts
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Founded in 1948
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Worldwide membership
Largest program of its kind in the world
Provides actively-managed, facilitated access to the
rich resources at MIT for industry and other
technology-based organizations
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31% N. America, 30% Asia, 32% Europe, 7% Other
broad range of industrial sectors, both traditional and
high-tech
19 Industrial Liaison Officers*
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average 15 years of industry experience
most with advanced degrees
*as of October 14, 2008
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Industrial Liaison Officer
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An MIT-based professional who provides a highlyproductive interface to help initiate, integrate and
manage the organization’s MIT interactions
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Knows the organizations’ people and business, and
needs of stakeholders in the MIT relationship
Knows MIT and its resources
Helps interest MIT people in meeting with and working
with the organization
Provides an easy-to-use central point of access to MIT
information and interactions for anyone in the
organization
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Access to MIT
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195 of the world’s leading organizations partner with the Industrial Liaison
Program to advance research agendas at MIT (FY08)
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ILP member organizations account for approximately 31% of all corporate gifts
and single-sponsored research expenditures at MIT
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Government and NGOs can now take advantage of the rich history and deep
expertise of ILP to build and strengthen regional competitiveness
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Strengthening Regional Competitiveness
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Creates an environment that fosters innovation and
encourages entrepreneurship and job creation
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Regional, economic, business, and trade development
groups have long visited the Cambridge/Boston area to
learn from the areas’ success
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Universities play a vial role in fostering, sustaining, and
propagating the entrepreneurial and innovation-related
activities of many such regional economies
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MIT is the epicenter of the east coast of the US’s innovation
ecosystem
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Economic development visitors to the area wish to replicate
the complex mix of new business creation and idea
development to create meaningful clusters of competence
that could stimulate further investment and job creation
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Kauffman Foundation 2009 Study
“Conservatively, if the active companies
founded by MIT graduates formed an
independent nation, their revenues would
make that nation at least the seventeenth
largest economy in the world. A less
conservative direct extrapolation of the
underlying survey data boosts the numbers
to 25,800 currently active companies
founded by MIT alumni that employ about
3.3 million people and generate annual
sales of $2 trillion, producing the equivalent
of the eleventh largest economy in the
world.”
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The Cambridge/Boston Innovative Ecosystem
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MIT’s culture is to push limits and take visionary
risks
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Faculty, researchers, and students have applied
these attributes to shape an environment that
surrounds the university —
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Creation of new ventures
Advancing revolutionary ideas
Challenging convention
Rejects the status quo
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The Cambridge/Boston Innovative Ecosystem
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Support provided by organizations and companies
— both within and around MIT — that grew up
organically in the area through an ever-changing mix
of:
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Established technology companies
Research organizations
Entrepreneurs
Players include:
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Investors
Service providers
Regional trade associations
Regional publications
Entrepreneurship support organization
State and local government initiatives
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The Cambridge/Boston Innovative Ecosystem
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Educational Institutions — MIT, Harvard
University, Boston University, Boston College,
Northeastern University, Tufts University, Babson
College, Brandeis University, University of
Massachusetts, Worcester Polytechnic Institute…
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Corporate R&D Labs — Microsoft, Google,
Mitsubishi Electric, Novartis, Pfizer, Schlumberger,
Nokia…
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Regional Publications — Mass High Tech, Boston
Business Journal, Xconomy, Innovation Economy
Column (Boston Globe)…
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Entrepreneurship Support — TiE Boston, 128
Innovation Capital Group, Boston Entrepreneurs’
Network…
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The Cambridge/Boston Innovative Ecosystem
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Investors — Venture capitalists, angel investors,
private equity, corporate investor groups…
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State and local initiatives — Life sciences cluster,
robotics cluster, clean energy cluster, IT cluster…
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Regional trade associations — Mass Technology
Leadership Council, Mass Software Council, Mass
Innovation and Technology Exchange, Mass IT
Collaboration Entrepreneurship Committee…
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Service providers — Law firms, marketing and
publicity services, accountants and part-time CFOs,
HR, outsourced IT, traditional office space,
incubators, consultants…
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The Cambridge/Boston Innovative Ecosystem
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MIT Organizations — Deshpande Center for
Technological Innovation, Venture Mentoring
Service, MIT Entrepreneurship Center, MIT
Enterprise Forum, MIT Entrepreneurs Club…
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Modular, add-as-you-grow offices — Cambridge
Innovation Center, One Kendall Square, Regus…
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Competitions — MIT $100K Entrepreneurship
Competition, MIT Clean Energy Entrepreneurship
Prize, MIT IDEAS, X-Prize, MIT and Dow Materials
Engineering Contest…
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What is the Regional Competitiveness Program?
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Addresses the needs of organizations charged with
the implementation of regional development
strategies that foster greater entrepreneurship and
enhance innovation in their communities
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Introduces member organizations to elements of the
MIT/Cambridge-area ecosystem
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Delivers a series of intensive, interactive workshops
focusing on best practices
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Leverages past successes to local geographies, and
on ways for economic development groups to foster
greater entrepreneurial activity
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What is the Regional Competitiveness Program?
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Membership/fee-based program anchored by a
continuing series of two highly interactive and
pragmatic day-and-a-half-long workshops annually;
one at MIT, and one hosted by a member
organization in a different global location
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Focus on best practices to adapt the attributes of
the Cambridge/Boston-area and other innovation
ecosystems to your geography, with the goal to:
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Promote economic development
Foster greater entrepreneurial activity
Create rich regional clusters of competence
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What is the Regional Competitiveness Program?
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Topics to be explored in detail include best
practices, challenges, and alternative approaches of
programs to:
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Promote entrepreneurship
Attract contract and satellite corporate research
centers
Accelerate commercialization and knowledge
dissemination activities
Catalyze and sustain valued networking forums
Enhance university-industry interactions
Establish and run incubators
Create new job opportunities and attract investment
Attract regional and national development program
participation and funding
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What is the Regional Competitiveness Program?
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Hands-on and practical sessions
Informative presentations
Take-aways to include:
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New skills
Valuable networking
Unique intellectual experience
Strengthened regional development activities
Ability to evaluate resources and practices needed to
drive appropriate regional innovative clusters
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RCP Member Benefits
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Insights into best practices for regional development
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Internal team building and problem solving
Hands-on experience identifying the resources and
techniques needed to drive the development of
appropriate regional clusters
Continuous networking and relationship building with
others in regional development
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RCP Member Benefits
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Introductions to corporate executives who are
members of the ILP program; many of these
individuals are charged with the global sourcing of
knowledge, investment in local geographies around
the world, new technology acquisition, and R&D
outsourcing
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Opportunities to bring back and develop ideas in a
particular region, as well as share results and
discuss questions at the next workshop
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Program Conferences
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November 17-19, 2009
– MIT Research and Development Conference
– Regional Competitiveness Workshop
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April 13-14, 2010
– MIT Information and Communications Conference
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Fall, 2010
– MIT Innovations in Management Conference
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Fall, 2010
– Regional Competitiveness Workshop
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IMPLEMENTING STRATEGIES Wednesday, November 18, 2009
12:40 pm
2:00 pm
2:10 pm
2:30 pm
3:10 pm
3:20 pm
3:30 pm
4:10 pm
4:20 pm
4:30 pm
5:10 pm
5:20 pm
5:30 pm
6:00 pm
R&D Conference Adjournment; Bagged Lunch
Welcome and Introduction
Karl Koster, Executive Director, MIT Office of Corporate Relations/Industrial Liaison Program
Opening Remarks and Program Overview
Government and Technology Transfer
Andre Porter, Executive Director
Massachusetts Office of Small Business and Entrepreneurship
Commentary: Miquel Barcelo, President, b_TEC, Barcelona Innovacio Tecnologica
Questions and Discussion
Entrepreneurial Support Networks
MIT Venture Mentoring Service - Sherwin Greenblatt, Director
Commentary: Don Duval, Vice President, MaRS
Questions and Discussion
MIT Enterprise Forum: Challenges in Translation to New Geographies
Luda Kopeikina, President and CEO, Noventra Corporation, MIT Enterprise Forum Board Member
Commentary: Antoinette Matthews, Director, MIT Enterprise Forum Global Office
Questions and Discussion
Adjournment
Networking Reception and Dinner
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IMPLEMENTING STRATEGIES Thursday, November 19, 2009
8:30 am
8:40 am
Opening Day 2 - Karl Koster, Executive Director - MIT Office of Corporate Relations/Industrial Liaison Program
Student Action
MIT $100K Competition Brian Cantwell and Sombit Mishra, Co-Managing Directors
9:20 am Commentary: Fiona Murray, Sarofim Family Career Development Associate Professor
Management of Technology, Innovation Entrepreneurship, MIT Sloan School of Management
9:30 am Questions and Discussion
9:40 am Educating Entrepreneurship
William Aulet, Senior Lecturer, Entrepreneur-in-Residence, MIT Entrepreneurship Center
10:20 am Commentary: Laura Dingwall, Senior Development Manager, Knowledge Economy Team
Highlands and Islands Enterprise, Scotland
10:30 am Questions and Discussion
10:40 am Break
11:00 am From Inventor to Executive to Regional Development Agent
GianCarlo Michellone, President, AREA Science Park, Trieste, Italy
11:40 pm Commentary: Kenan Shahin (tentative), President and Founder, TIAX
11:50 pm Questions and Discussion
12:00 pm Lunch
1:40 pm University/Industry Commercialization Activity
Leon Sandler, Executive Director,MIT Deshpande Center
2:20 pm Commentary: Marina Hatsopoulos, Principal, Windy Street
2:30 pm Questions and Discussion
2:40 pm Panel Discussion: Investor Networks: Creation, Care, and Feeding
Moderator: Desh Deshpande (tentative), Chairman of the Board of Directors, Sycamore Networks
Panelists: Lita Nelsen, Director, MIT Technology Licensing Office; Others TBA
3:40 pm Wrap up
Rodney Brooks, Panasonic Professor of Robotics, MIT Computer Science and Artificial Intelligence Laboratory
Co-Founder, iRobot Corporation; Chairman and CTO, Heartland Robotics
4:30 pm Adjournment
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ILP Web Site
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Calendar of MIT/Corporate Events
Past Events Archive
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ILP KnowledgeBase
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Digitized content from past ILP events
Explore emerging technologies
Learn about relevant research
Identify faculty members with appropriate expertise
News Mosaic (Fall 2009)
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Recent developments within MIT's R&D community
Potential, competitive impact of emerging technologies
ILP insights on how best to access MIT expertise
Content from Sloan Management Review and Technology
Review
ilp-www.mit.edu
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RCP Complementary Member Services
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Access to the annual series of ILP conferences and
events during the course of the year:
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MIT R&D Conference
MIT Information and Communications Technology
Conference
MIT Innovations in Management Conference
Personal one-on-one meetings with MIT experts on:
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Regional development
Entrepreneurship
Innovation management
Technology licensing
Intellectual property
University-industry interactions
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RCP Complementary Member Services
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Discounts and passes to annual MIT events of relevance,
such as:
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Alerts to attend events such as:
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Technology Review Magazine’s Emerging Technologies
Conference at MIT
Deshpande Center for Technological Innovation’s IdeaStream
Conference
MIT Energy Conference
MIT CIO Symposium
MIT $100K Entrepreneurship Conference
MIT IDEAS Competition Awards Ceremony
MIT ILP Members-only Website and Knowledgebase
MIT ILP communications on news, inventions, innovations,
etc.
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Join the ILP Regional
Competitiveness Program
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Benefit from actively-managed, facilitated access to
the rich resources of the Cambridge/Boston-area
innovation ecosystem
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Monitor and investigate new technology
developments at MIT ILP conferences
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Expand organizational knowledge and business
networks
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Implement regional development strategies that
foster greater entrepreneurship and enhance
innovation in the community
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Thank you.