Connector Profile: Charles Cooney of MIT Deshpande Center, “Creating 17 Companies and Still Going”
THE GIFT AND THE PURSE
Head of the Deshpande Center at MIT, Dr. Charles Cooney: Faculty Facilitating Innovation
Faculty Director of the Deshpande Center, Dr. Cooney reveals the power of connecting research teams to the private sector.
- MIT innovations add more than $20 billion and 150,000 jobs to the US economy each year
- DC has funded more than 70 projects with over $8 M in grants
Professor Charles L. Cooney, a professor of chemical and biochemical engineering, is the faculty director of MIT’s new Deshpande Center for Technological Innovation an organization that facilitates collaboration between research teams and an advisor from their local entrepreneurial community.
Of the 75 projects funded through the Deshpande Center, there have been 17 new companies created with $450 million dollars in venture capital.
An initial philanthropic gift of 15 million dollars has been transformed into an influential institution and 4 very successful companies with the potential to change the world.
Website: http://web.mit.edu/deshpandecenter/
