I  Deshpande Center for Technological Innovation


     Office Locations:

Massachusetts Institute of Technology
One Broadway, 12th Floor
Cambridge, MA 02142
Phone: 617-253-0943
Fax: 617-253-8442



  • Seed



  • Energy & Clean Tech
  • Information Technology
  • Life Sciences & Healthcare
  • Medical Device



    The Deshpande Center was established at the MIT School of Engineering in 2002 to increase the impact of MIT technologies in the marketplace. Founded with an initial donation by Jaishree and Desh Deshpande, The Deshpande Center helps MIT faculty and students commercialize breakthrough technologies and inventions by transforming promising ideas into innovative products and cutting-edge spinout companies. Toward this end, the center makes modest but pivotal investments in research that is being done by some of MIT's most talented scientists and engineers. The Deshpande Center awards two types of grants--Ignition grants and Innovation grants--based primarily on the stage of an investigator's research. The cumulative value of an initial grant plus subsequent renewals cannot exceed $250,000. The center awards one-year Ignition Grants of $50,000 to researchers who are doing promising yet still-unproven work on inventions with a potentially large impact. Researchers whose inventions are sufficiently developed can bypass the Ignition grant stage and apply directly for a one-year Innovation Grant. Initial funding requests for an Innovation Grant cannot exceed $150,000. Total funding for an Innovation Grant cannot exceed $250,000 over the lifetime of the grant (including renewals).The Deshpande Center supports a wide range of emerging technologies including biotechnology, biomedical devices, information technology, new materials, tiny tech, and energy innovations.

    Investment Firm Key

       VC = Venture Capital
       PE = Private Equity
       A = Angel
       I = Incubator
       MB = Merchant Bank
       VD = Venture Debt
       FI = Family Investment Office
       FOF = Fund of Funds
       ED = Economic Development Office   
       TT = Technology Transfer Office
       CVC = Corporate Venture Capital
       SEC = Secondary Purchaser
       HF = Hedge Fund/Mutual Fund
    Venture Capital
    Seed Stage
    (includes "pre-seed," or
    concept stage)
    No Revenue
    Early StageMinimal
    Growth Stage
    (also called Mid-stage)
    Expansion Stage
    (also called Late-stage)
    $7M and greater
    Private Equity
    Lower Middle Market$10M-$249M
    Middle Market$250M-$499M
    Upper Middle Market$500M-$1B
    Large Cap>$1B

    Investment Team:

    Name   Title
    Get the complete investment team + individual email addresses for investment team partners. Get personal images, LinkedIn links, investment specialties, office locations and more with a National Database subscription.
    Charles L. Cooney Faculty Director
    Karen Golmer Innovation Manager
    Leon Sandler Executive Director
    Tim Swager Faculty Director


    Portfolio companies include:


    Recent News: