06/14/12 -
Essmart took home first place in the Dell Social Challenge this past weekend. The startup, one of more than 1,800 entries, traveled to Austin to participate in the Finalist Weekend with 4 other top startup teams.
Winner of the MIT IDEAS Global Challenge, Essmart believes that while many technologies and products are made for developing countries, they rarely are a benefit because end users don't have access to them.
A majority of annual retail...
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06/08/12 -
The Founder’s Skills Accelerator officially began on June 4, 2012. The ten teams completed orientation on Friday, June 1 and were all prepared to take the first steps to getting their companies to escape velocity. Monday, Wednesday, and Friday are reserved as “work days”; the teams will use this time to focus on their milestones. Tuesday and Thursday are also workdays, but during the lunch hour the teams meet with staff members to talk about what they have achieved, what...
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06/01/12 -
The Martin Trust Center for MIT Entrepreneurship was full of energy Friday, morning Friday morning, June 1, 2012 with the kickoff of the Founders’ Skills Accelerator (FSA). Ten MIT-based companies spent their first day learning about the resources available to them and gathering everything they need to know about the next 12 weeks as participants of the FSA.
The day kicked off with introductions by every team and their founding members, followed up by...
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05/29/12 -
What new MIT startup has Fox, NPR, ABC, Slate, and Time in a frenzy? LiquiGlide, a company dedicated to increasing the speed of your ketchup.
LiquiGlide's product is a super slippery coating made of FDA approved materials that can be applied to the inside of sauce bottles, like ketchup, mayonnaise, or jam. The coating allows the sauce to flow out of the bottle smoothly, as well as reducing the waste left over in the bottom of the bottle.
The founder of...
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05/23/12 -
In a hotly contested House republican primary race in Kentuky, Thomas Massie has emerged in the lead. This win in the primary sets up Massie for an almost assured victory in his heavily republican 4th District. Massie graduated from MIT, after studying force feedback systems and design hardware, and later founded SenseAble, which developed tools that aid in 3-dimensinal design.
Read more here.
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05/23/12 -
Funzio, a company focused on mobile gaming titles, has been acquired by GREE, a leader in the mobile social gaming industry. Anil Dharni, a graduate of MIT, will join GREE International as a Senior Vice President. Funzio has created the titles "Crime City," "Modern War," and Kingdom Age", and boasst over 20 million downloads of its titles. "The team at Funzio is creating some of the best mobile games in the world today. This acquisition allows us to join...
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05/23/12 -
Riccardo Signorelli is working on a new battery system that promises three times the power at a fifth of the cost. His company, FastCAP Systems Inc, has been working to create a better battery for electric cars with the technology he developed at MIT Labratories. “Batteries have been the weak link,’’ said Signorelli. “We simply do not have proven energy storage technologies today that are suitable for our needs, both in vehicles and in grid storage.’’...
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05/22/12 -
“$210 million is not bad at all, considering that the company had raised about $20 million to date,” said TechCrunch about the acquisition (see full article here). It was certainly a culmination of a lot of effort and a real success for MIT Sloan Alum Anil Dharni. The Trust Center’s communications point person Justin Adelson hcaught up with Anil shortly after this big milestone.
As told to and rewritten by Justin Adelson
What is your educational background...
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05/21/12 -
brightcove.createExperiences();
If you're still looking for summer office space, Beehive Cooperative (a Martin Trust Center for MIT Entrepreneurship initiative) is the place for you! To be considered, fill out the following application: https://docs.google.com/spreadsheet/viewform?formkey=dF9QejVHQXVwakp6QmZTcDZlWHROVmc6MQ
Application deadline: Wednesday, May 23rd @ 5:00pm Eastern
Notifications: No later than Friday, May 25th @ 12:00pm...
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05/18/12 -
Fatma Yalcin of Curisma won the $50K Enterprise Forum Turkey Business Plan Competition for 2012. Fatma participated in the Trust Center's Summer Startup Program in 2011 and graduated from MIT Sloan in 2011.
Read whole press release here.
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