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Impact of MIT Alumni Entrepreneurs

Impact of MIT Alumni Entrepreneurs. MIT Alumni have founded 25,800 currently active companies. The firms employ 3,300,000 people. These firms generate annual world revenues of $2,000,000,000,000.

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Impact of MIT Alumni Entrepreneurs

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  1. Impact of MIT Alumni Entrepreneurs • MIT Alumni have founded 25,800 currently active companies. • The firms employ 3,300,000 people. • These firms generate annual world revenues of $2,000,000,000,000. • If currently active firms founded by MIT graduates were a country, they would be the 11th largest economy in the world. Economic Impact of MIT Alumni Entrepreneurs - Entrepreneurial Impact: The Role of MIT, Roberts and Eesley, MIT & Kauffman Foundation for Entrepreneurship, February, 2009

  2. Drain Brains! • Immigrants started 25% of U.S. public companies that were venture-backed. • The market capitalization of publicly traded immigrant-founded venture-backed companies in the U. S. exceeds $500 billion. • 40% of U.S. publicly traded venture-backed high-technology manufacturing companies were started by immigrants. • 50%+ of the employment generated by U.S. public venture-backed high-tech manufacturers has come from immigrant-founded companies.

  3. INVENT!

  4. “Apple-ize” America • Apple generated $65 Billion in revenue in 2009. • Greater than the GDP of 147 countries. • Apple “is” the 83rd largest country in the world • >$45 Billion comes from product categories that Apple invented in the past 10 years. • iPods, iPhones, iPads and iTunes • $30 billion comes from product categories that Apple invented in the past 4 years.

  5. Shale Gas Everywhere You Look

  6. French Tidal Power Plant Online in 1967 http://en.wikipedia.org/wiki/Image:Rance_tidal_power_plant.JPG

  7. 300 in NYC’s East Rive by 2013

  8. Small Reactors to the Rescue?

  9. The Future Belongs to You

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