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MIT Seeks to Expand Role Promoting Start-Ups

October 27, 2016
 

The Massachusetts Institute of Technology, long known for producing research that leads to start-up companies, is expanding its role to promote innovative companies. The university on Wednesday announced creation of "the Engine," in which MIT and others will contribute millions of dollars to support start-up businesses while also offering affordable workspaces near campus and access to expensive equipment that some start-up companies might otherwise lack.

 
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