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MIT alumnus Dan Gilbert gave $1 million to establish an endowment for the MIT Sandbox Innovation Fund Program. MIT Sandbox will expand its entrepreneurship education offerings to MIT undergraduate and graduate students.
Students from MIT and Hong Kong develop entrepreneurial solutions for the Airport Authority of Hong Kong. The startup tackles real-world problems in the areas of digital service creation for the airport and engaging regional customers to experience the new airport city.
Akasha Imaging, led by founder and CEO Kartik Venkataraman, provides efficient and cost-effective imaging with higher resolution feature detection, tracking, and pose orientation.
MIT Startup Exchange, a program within MIT Corporate Relations, has became the largest university-based platform for startups to connect with corporations.
''I hope this will provide our students the know-how for making a head start in the sector, while IT corporate would be encouraged to set up their offices here,'' he tweeted.