Todd Pinkerton

MIT announces entrepreneur fellowships

Categories: Boston, innovation, tech
Written By: todd

last week MIT announced a $50M gift to form a new entrepreneurship and development center. The donation was made by investment firm Legatum. The center will focus its efforts on products and technologies to solve problems in developing nations.

Joost Bonsen, who has long been involved in fostering entrepreneurial activities at MIT (including the Developmental Entrepreneurship seminar, the Nuts-and-Bolts of Business Plans IAP seminar, and the 50K / 100K competitions) is on the exec team for the new center. I’m very excited for Joost, his hard work in this area deserves this kind of support.

I ran into Joost Monday night at the Muddy Charles pub, where he was hosting an event for MIT entrepreneurs and friends. Also present were Cory and Erica of IntutiveAutomata, makers of Autom, the weight-loss coach robot. It’s an interesting idea, that a human-like device pushes our social and behavioral buttons in a way that keeps us motivated — more so than a website or other low-touch support system could. I’m curious to see what the results of their clinical trials are.

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