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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.

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Presentation on theme: "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."— Presentation transcript:

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 11 th 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 – 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

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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