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Mit Solve Announces Launch Of Solve Innovation Fund

by vcaonline.com posted 2months ago 15 views
First-of-its-Kind Philanthropic Venture Fund to Invest in Social Impact-focused Entrepreneurs Selected through Solve's Global Challenges CAMBRIDGE, Mass., May 7, 2019-- At its annual meeting today, MIT Solve, an initiative of the Massachusetts Institute of Technology that advances lasting solutions from tech entrepreneurs to address the world's most pressing problems, announced the launch of the Solve Innovation Fund, a groundbreaking philanthropic venture fund that will direct catalytic investments in early-stage entrepreneurs solving global challenges. The Fund will raise $30 million over time from philanthropic donors who can contribute through tax-deductible gifts to MIT.

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