Over the next year, we’re aiming to invest $1M across 10 MIT companies. This means for each company, they’ll get $50-100K from us (our standard investment amount) from us and our syndicate backers. Backers can be both MIT alums and non-Alums. But we especially want to challenge more alums to make investments, so we hope to see a good number of MIT investors come on as backers.

We will select 10 companies a year from the MIT community to syndicate. Companies must have at least one MIT founder who owns >= 10% of the company.