MIT Faculty Founder Initiative announces three winners of entrepreneurship awards | MIT News

  Patients with intractable cancers, chronic pain sufferers, and people who depend on battery-powered medical implants may all benefit from the ideas presented at the 2023-24 MIT-Royalty Pharma Prize Competition’s recent awards. This year’s top prizes went to researchers and biotech entrepreneurs Anne Carpenter, Frederike Petzschner, and Betar Gallant ’08, SM ’10, PhD ’13. MIT…

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How a quantum scientist, a nurse, and an economist are joining the fight against global poverty | MIT News

  A trip to Ghana changed Sofia Martinez Galvez’s life. In 2021, she volunteered at a nonprofit that provides technology and digital literacy training to people in the West African country. As she was setting up computers and connecting cables, Martinez SM ʼ23 witnessed extreme poverty. The experience was transformative. That same year, she left…

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New MIT-LUMA Lab created to address climate challenges in the Mediterranean region | MIT News

  The MIT School of Architecture and Planning (SA+P) and the LUMA Foundation announced today the establishment of the MIT-LUMA Lab to advance paradigm-shifting innovations at the nexus of art, science, technology, conservation, and design. The aim is to empower innovative thinkers to realize their ambitions, support local communities as they seek to address climate-related…

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The unexpected origins of a modern finance tool | MIT News

  In the early 1600s, the officials running Durham Cathedral, in England, had serious financial problems. Soaring prices had raised expenses. Most cathedral income came from renting land to tenant farmers, who had long leases so officials could not easily raise the rent. Instead, church leaders started charging periodic fees, but these often made tenants…

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