Massachusetts Institute of Technology

Cambridge MA. $27.4B endowment managed by MITIMCo. #1 research university globally (QS 2024). $4.8B+ annual research spending. Technology Licensing Office (TLO): licenses ~20 new patents/yr from Media Lab alone. MIT is the parent of MIT Lincoln Lab (FFRDC, managed for DOD). Key institutes: Media Lab, CSAIL, Koch Institute, Broad Institute (with Harvard), MIT.nano, Picower Institute. MIT spinouts: over 30,000 companies founded by alumni generating $2T in revenues annually.