There is a strong entrepreneurial spirit at MIT that often leads to the development of new companies and businesses. This same spirit exists within CMSE, as demonstrated by the currently active companies that have been formed by our graduate students, postdocs and faculty:
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These various companies were founded to develop novel devices and components based on discoveries made within our MRSEC program and funded, in many cases, exclusively through NSF. We estimate that total direct job creation by these seven most closely CMSE-related companies is about 340 jobs to date.
Additionally, Nanosys and Quantum Dot Corporation (bought by Invitrogen) are companies whose technology platform is based in part on CMSE-supported fundamental research.
