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MIT $100K Entrepreneurship Competition
The MIT $100K Entrepreneurship Competition is a student-managed business plan competition, where undergraduates and postgraduates from various programs and all levels at the Massachusetts Institute of Technology (MIT) organize and enter the competition. Teams must include at least one full-time MIT student, but membership is not restricted to the MIT community. The competition is supported by the MIT Entrepreneurship Center at the MIT Sloan School of Management. Every year a total of $300,000 is distributed as non-dilutive grant money. Since 1990, over 160 companies have been started as a result of the competition, generating 4,600 jobs, receiving over $1.3 billion in follow-up venture capital Venture capital (often abbreviated as VC) is a form of private equity financing that is provided by venture capital firms or funds to startups, early-stage, and emerging companies that have been deemed to have high growth potential or which hav ... funding and totaling a cumulative ma ...
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Business Plan
A business plan is a formal written document containing the goals of a business, the methods for attaining those goals, and the time-frame for the achievement of the goals. It also describes the nature of the business, background information on the organization, the organization's financial projections, and the strategies it intends to implement to achieve the stated targets. In its entirety, this document serves as a road-map (a plan) that provides direction to the business. Written business plans are often required to obtain a bank loan or other kind of financing. Templates and guides, such as the ones offered in the United States by the Small Business Administration can be used to facilitate producing a business plan. Audience Business plans may be internally or externally focused. Externally-focused plans draft goals that are important to outside stakeholders, particularly financial stakeholders. These plans typically have detailed information about the organization o ...
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Akamai Technologies
Akamai Technologies, Inc. is an American content delivery networkJ. Dilley, B. Maggs, J. Parikh, H. Prokop, R. Sitaraman, and B. Weihl. (CDN), cybersecurity, and cloud service company, providing web and Internet security services. Akamai's Intelligent Edge Platform is a distributed computing platform. The company operates a network of servers worldwide and rents capacity of the servers to customers wanting increase effiency of their websites by using Akamai owned servers located near the user. When a user navigates to the URL of an Akamai customer, their browser is directed by Akamai's domain name systemKyle Schomp, Onkar Bhardwaj, Eymen Kurdoglu, Mashooq Muhaimen, and Ramesh K. Sitaraman. to a proximal edge server that can serve the requested content. Akamai's mapping system assigns each user to a proximal edge server using sophisticated algorithms such as stable matching and consistent hashing, enabling more reliable and faster web downloads. Further, Akamai implements DDoS ...
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Recurring Events Established In 1990
Recurring means occurring repeatedly and can refer to several different things: Mathematics and finance *Recurring expense, an ongoing (continual) expenditure *Repeating decimal, or recurring decimal, a real number in the decimal numeral system in which a sequence of digits repeats infinitely *Curiously recurring template pattern (CRTP), a software design pattern Processes *Recursion, the process of repeating items in a self-similar way *Recurring dream, a dream that someone repeatedly experiences over an extended period Television *Recurring character, a character, usually on a television series, that appears from time to time and may grow into a larger role *Recurring status Recurring status is a class of actors that perform on U.S. soap operas. Recurring status performers consistently act in less than three episodes out of a five-day work week, and receive a certain sum for each episode in which they appear. This i ..., condition whereby a soap opera actor may be us ...
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Massachusetts Institute Of Technology Student Life
Massachusetts (Massachusett: ''Muhsachuweesut Massachusett_writing_systems.html" ;"title="nowiki/> məhswatʃəwiːsət.html" ;"title="Massachusett writing systems">məhswatʃəwiːsət">Massachusett writing systems">məhswatʃəwiːsət'' English: , ), officially the Commonwealth of Massachusetts, is the most populous state in the New England region of the Northeastern United States. It borders on the Atlantic Ocean and Gulf of Maine to the east, Connecticut and Rhode Island to the south, New Hampshire and Vermont to the north, and New York to the west. The state's capital and most populous city, as well as its cultural and financial center, is Boston. Massachusetts is also home to the urban core of Greater Boston, the largest metropolitan area in New England and a region profoundly influential upon American history, academia, and the research economy. Originally dependent on agriculture, fishing, and trade. Massachusetts was transformed into a manufacturing center during ...
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LiquiGlide
LiquiGlide is a platform technology which creates slippery, liquid-impregnated surfaces that was developed at the Varanasi Research Group at Massachusetts Institute of Technology by Prof. Kripa Varanasi and his team of students and post doctorals Dave Smith, Rajeev Dhiman, Adam Paxson, Brian Solomon, and Chris Love. Possible applications include improving the flow rate of condiment bottles to avoid food waste, and preventing clogs in gas and oil tubes. The project came in second place in the Business Plan Contest and won the Audience Choice Award at the 2012 MIT $100K Entrepreneurship Competition The MIT $100K Entrepreneurship Competition is a student-managed business plan competition, where undergraduates and postgraduates from various programs and all levels at the Massachusetts Institute of Technology (MIT) organize and enter the compe .... The company has also raised $25M from investors including Roadmap Capital, Structure Capital, Valia Investments, and Struck Capital. ...
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Best Of Biotech
Best of Biotech (''BOB'') is an international business plan competition with focus on life sciences, i.e. Biotechnology, Medical technology Health technology is defined by the World Health Organization as the "application of organized knowledge and skills in the form of devices, medicines, vaccines, procedures, and systems developed to solve a health problem and improve quality of liv ... and related fields. The competition is organized every 1–2 years by LISA ( Life Science Austria), a program run by Austria Wirtschaftsservice, the Austrian federal development and financing bank, to promote entrepreneurship in the life science sector. The competition is co-sponsored by private life science and healthcare companies and is organized in partnership with international tech transfer agencies and business incubators. History Since the first contest in 2000, 211 projects teams have participated, 41 companies have been founded and around €170,000 in prize money has been awarded. Amo ...
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Jake Auchincloss
Jacob Daniel Auchincloss ( ; born January 29, 1988) is an American politician, businessman, and Marine veteran serving as the U.S. representative for Massachusetts's 4th congressional district since 2021. He is a member of the Democratic Party. Early life and education Jacob Daniel Auchincloss was born in Newton, Massachusetts, to Laurie Glimcher and Hugh Auchincloss. Both of his parents are physician-scientists; his mother is president and CEO of Dana Farber Cancer Institute, and his father serves as deputy director to Anthony Fauci at the National Institute of Allergy and Infectious Diseases (NIAID). Auchincloss's grandfather Melvin J. Glimcher pioneered the development of artificial limbs and was inducted into the National Academy of Sciences and is the first cousin once-removed of stockbroker Hugh D. Auchincloss. His stepfather, Gregory Petsko, is a biochemist and biotech entrepreneur who has become a global expert on Alzheimer's disease. Auchincloss is matrilineally ...
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Ebates
Rakuten Rewards (), formerly known as Ebates, is a cash-back and shopping rewards company. Its revenue comes from affiliate network links. Members of the site click through affiliate links before shopping at a retailer's site. Once the member makes a purchase, Rakuten Rewards receives an affiliate commission from the retailer which is then shared with the member. The company publishes links both on its website and through a browser extension as well as a mobile app. History Rakuten Rewards was founded as Ebates in 1998 in Menlo Park, California, by two former deputy district attorneys, Alessandro Isolani and Paul Wasserman. Funded by the venture capital firm Foundation Capital, Ebates.com was launched on 3 May 1999, offering up to 25% cash back from about 40 online retailers. In September 2014, Ebates was acquired by the Japanese e-commerce company Rakuten () is a Japanese technology conglomerate based in Tokyo, founded by Hiroshi Mikitani in 1997. Centered around ...
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HubSpot
HubSpot is an American developer and marketer of software products for inbound marketing, sales, and customer service. HubSpot was founded by Brian Halligan and Dharmesh Shah in 2006. Its products and services aim to provide tools for customer relationship management, social media marketing, content management, lead generation, web analytics, search engine optimization, live chat, and customer support. History HubSpot was founded by Brian Halligan and Dharmesh Shah at the Massachusetts Institute of Technology (MIT) in 2006. The company grew from $255,000 in revenues in 2007, to $15.6 million in 2010. Later that year, HubSpot acquired Oneforty, the Twitter app store founded by Laura Fitton. The company also introduced new software for personalizing websites for each visitor. According to ''Forbes'', HubSpot started out targeting small companies but "moved steadily upmarket to serve larger businesses of up to 1000 employees." HubSpot filed for an initial public offering with the ...
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Brontes Technologies
Brontes Technologies, Inc. was a startup company that produced a digital dental impression system brought to market by 3M as The Lava Chairside Oral Scanner C.O.S. The Lava C.O.S. provides a powerful connection and improved productivity for a doctor and their dental lab thereby enabling the needed input to mass customized lab production in the dental market. Brontes Technologies, Inc. was born out of the research of Massachusetts Institute of Technology lecturer Janos Rohaly (Chief Scientist), professor Douglas Hart, and two graduate students from the MIT Department of Mechanical Engineering, Federico Frigerio and Sheng Tan. After three years of research, the inventing team received a grant from Deshpande Center for Technological Innovation at MIT to shift the focus of its work toward commercial opportunities. In Autumn 2002, the inventing team recruited co-founders Eric Paley as CEO and Micah Rosenbloom as COO, both Harvard Business School students, to evaluate the commercial p ...
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Webline Communications
Webline Communications was a contact management company based in the United States. It was acquired by Cisco Systems on September 22, 1999. Webline Communications was founded by Pasha Roberts and Firdaus Bhathena when they were students at The Massachusetts Institute of Technology in Cambridge MA. Pasha, Firdaus and Webline won the prestigious MIT 50K Entrepreneurial Business contest which provided seed money Seed money, sometimes known as seed funding or seed capital, is a form of securities offering in which an investor invests capital in a startup company in exchange for an equity stake or convertible note stake in the company. The term ''seed'' ... to begin the company. After winning this contest, Pasha put his MIT studies on hold to take full advantage of the seed money and focus on making the company financially successful. Pasha is widely credited for the innovation, technology design, architecture, infrastructure and technology decisions around the products. Pasha ...
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Krisztina Holly
Krisztina Holly, known by her colleagues as 'Z' is a Hungarian American innovator, entrepreneur, and adventurer. Holly is best known as the creator of the first TEDx, the founding executive director of the Deshpande Center for Technological Innovation at the Massachusetts Institute of Technology and the Vice Provost for Innovation and founding executive director of the Stevens Center for Innovation at the University of Southern California. She was founder or key team member of various technology startups including Stylus Innovation, Direct Hit Technologies, and Jeeves Solutions and was a prominent mountain bike advocate in New England for a decade. She is host of The Art of Manufacturing podcast and served as the Founder and Chief Instigator of MAKE IT IN LA, which was launched from her term as Entrepreneur-in-Residence for LA Mayor Garcetti. She is a founding donor and board member of the River LA, serves on the board of TTI/Vanguard, and has been an advisor to nearly two ...
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