Why Boston is One of the World's Smartest Cities
Dr. Boyd Cohen, writer and climate strategist, mentioned the Legatum Center in a recent piece in Fast Company that focuses on the innovation boom in Boston.
"MIT’s Legatum Center is also a fascinating model. Founded in 2007 with the goal of engaging talented MIT students who want to make for-profit startups that have a high impact in developing countries, the Legatum Center has already supported 100 new social ventures across the developing world. It seems to have a much higher success rate than most entrepreneurship support programs, although it has an inherent advantage in that it starts with a pool of applicants that have already been accepted to MIT. A rigorous selection process is added on top of that to choose each year’s crop of fellows."