MIT’s educational efforts in entrepreneurship and innovation have an impressive impact at local, regional, and global levels. A 2015 report suggested that 30,000 companies founded by MIT alumni were active as of 2014, employing 4.6 million people and producing annual revenues of $1.9 trillion, equivalent to the world’s 10th largest economy. MIT alumni form hundreds of new companies each year, and approximately 40% of MIT founders are serial entrepreneurs, starting multiple companies. Twenty-three percent of MIT alumni’s new firms are founded outside the United States.
Below are some of the resources dedicated to fostering entrepreneurship and innovation at MIT, including:
- Bernard M. Gordon-MIT Engineering Leadership Program
- Deshpande Center for Technological Innovation
- DesignX
- Martin Trust Center for MIT Entrepreneurship
- Legatum Center for Development and Entrepreneurship
- Lemelson-MIT Program
- MIT Innovation HQ
- MIT Sandbox Innovation Fund Program
- MIT Startup Exchange
- Technology Licensing Office
- Venture Mentoring Service