Dear Readers,

Welcome to the first issue of our newsletter in 2008!

We continue to be very busy, and in calendar 2007 we awarded grants to 14 new projects and saw several projects spin out into start-up companies. We funded projects in biotechnology, diagnostics, energy, electronics, imaging, instruments, materials and medical devices. There never seems to be a shortage of creative ideas from MIT faculty and students.

We will be announcing our Spring 2008 grantees in March. Stay tuned…

• Deshpande Center - Subject of Study by the Kauffman Foundation
• Feature Article in Science Business
• FDA Success for Deshpande Center Spin-out
  
  

Deshpande Center - Subject of Study by the Kauffman Foundation

The Kauffman Foundation recently published the results of a study of "proof of concept centers". The centers studied were the MIT Deshpande Center and the Von Liebig Center at UCSD. They found that these centers have a huge impact on innovation and moving university research into the commercial market. A press release and full report are available.

Read the Press Release

Read the Full Report

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Feature Article in Science Business

The Deshpande Center was also featured in an article in Science Business, November 2007, that described the innovation ecosystem that allows us to be so effective.

Read the Full Article

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FDA Success for Deshpande Center Spin-out

Our spin-out companies continue to flourish and grow. One of them, Myomo Inc., recently obtained FDA approval for their stroke rehabilitation device.

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