MIT Awards Convocation in Building 10.

ISSUE – Oct. 28 | MIT Announces ‘The Engine,’ a $150M Venture Fund & Accelerator

MIT President Rafael Reif announced Wednesday night that the Institute will launch The Engine, a new accelerator program with a planned $150 million venture fund to support startups innovating in the science and technology spaces, providing them with funding, space and a network of expertise. Tech industry leaders from GE to VCs made it clear they view this upcoming accelerator: as a prime opportunity to retain our local tech talent. [ BostInno ]