Back in October MIT announced that they were diving head first into the incubation and accelerator space, and why shouldn’t they. MIT, ranks amongst the top schools in the nation for producing the top startups and entrepreneurs. They keep great company with the likes of Wharton, Harvard and Stanford.
MIT’s new Engine Accelerator and work space incorporates labs, instruction areas, co-working space and work space for startups in their acceleration program. As far as acceleration is concerned, they are taking the long haul approach, similar to the RealCo Accelerator in San Antonio. Rather than hold cohorts and bootcamp style entrepreneurship camps, they rather deep dive with their portfolio companies through 6, 9 and 12 month sessions.
