This document summarizes an MIT workshop on connecting industry to automation startups. The workshop featured presentations from automation startup CEOs and CTOs on trends, technologies, and opportunities in manufacturing automation. It also included "lightning talks" from additional startups. The goal was to facilitate collaboration between large companies, universities, governments, and startups to help overcome barriers to adoption of new automation technologies. The MIT Startup Exchange (STEX) initiative was also introduced, which connects over 200 large companies to over 1,000 startups affiliated with MIT through networking events, an online database, and opportunity matching.

1. Connecting Industry to Startups

2. MIT STEX Cybersecurity Innovation Workshop :
MIT’s automation startups
MIT, 17 June 2015
Trond
Undheim,
PhD
Lead,
MIT
Startup
Exchange
(STEX)
undheim@ilp.mit.edu
@MITSTEX
Startupexchange.mit.edu

3. AutomaBon/IoT
in
manufacturing
1. Trends/opportunities/challenges"
2. Leading technologies and startups "
3. The match with corporate interests "

4. Welcome
to
all
speakers
• Speeches:!
– Trends in automation/IoT/IT/tech startups from MIT (and elsewhere). "
– Examples from the automation innovation ecosystem (infrastructure,
interoperability, technology, use cases, stakeholders, success stories). "
• Lightning talks: !
– A mix of startups and strategics (ILP members)"
• Panel discussion:!
– Collaboration challenges & opportunities (between strategics/industry,
university, government, and startups). "
– How to overcome the barriers to new technology adoption?"
– Innovation ecosystems in manufacturing."

5. MIT
automaBon
startups
• Startup panel"
– George Arnold, CEO, Tercio Solutions"
– Christophe Mandy, Manufacturing Lead, Formlabs"
– Daniel Theobald, CTO, Vecna Technologies and Board member,
MassRobotics innovation hub"
• Lightning speaker startups"
– Make in LA"
– Integrated Strategies & Tactics"
– Cognitivity"
– Barret Technology"
• A host of others across our tech clusters"

6. 6/16/15
6
• ~200 days to <2 days lead time on drug production
using small-scale process technologies. "
"Founded in 2012."

7. 6/16/15
7
• “our coatings allow manufacturers to dream
up new products and processes”
Founded in 2001."

8. 6/16/15
8
• “we combine reusable standard biological parts
and synthetic metagenomics, discover new
molecules in flavors, sweeteners, cosmetic
ingredients, crop treatments and pharmaceuticals”"
X:
The
world’s
first
designer,
cultured
rose
extract
Founded
in
2008.

9. 172 MIT Faculty are serial entrepreneurs! For example:!
• Prof. Bob Langer, Koch Institute, MIT (26 companies)"
• Prof. Alex Pentland, MIT Media Lab (16 companies)"
• Prof. Gregory Stephanopoulos, ChemE (7 companies)"
• Prof. Michael Stonebraker, CSAIL (5 companies) "
Serial
entrepreneurs
at
MIT
Source:
MIT
STEX
Database
(2015).

10. MIT
Startup
Exchange
(STEX)
An innovation community run by MIT Industrial Liaison program, with
the aim of connecting industry to startups. At the heart of the initiative: "
• 220+ “Global 1000” member companies. "
• 172 MIT Faculty who are serial co-founders of startups. "
• 1000+ MIT-connected startups (including founded by alums). "
"
Products/services:!
• Cluster workshops & Conference exhibitions w/lightning talks"
• Startup profiles & database"
• Opportunity matching (f2f & online)"
• Newsletter & Analytics"

11. Seven
startup
clusters
"
378"
"
"
62"
"
"
94"
75"
"
150"
"
"
29"
"
77""
n=953
Source:
MIT
STEX
Database
(June,
2015).

13. How
industry
engages
with
STEX
ILP Member company!
Paid program. The typical member is a $1Bn+ revenue corporation. Exceptions exist. !
1. Browse the database. Find startups. Ask us to connect you. "
2. Post opportunities. Startups will ask to connect with you. "
3. Let us select startups for you to meet. "
4. Keynote at our cluster workshops. Meet startups after your talk. "
5. Attend MIT ILP’s conference startup exhibits (MIT ICT conference,
MIT R&D Conference, regional events in Austria, Brazil, China,
France, Germany, etc.). "
Non-member company!
• As a non-member you can attend our open workshops. !

14. [Mul,na,onal]
seeks
MIT
startups
• [Multinational] seeks partnership with MIT-connected startups."
• Particular interest in breakthrough/disruptive tech X. "
• Looking for startups/companies with [these characteristics]!
• Corporate facts, MIT track record, startup track record, URL.!

15. How
startups
engage
with
STEX
"
MIT-connected startups!
Eligibility criteria: MIT Faculty/staff/alumni co-founder !
1. Maintain a startup profile online (viewable by peers, members, MIT)."
2. Browse the database. Find other startups. Connect on your own. "
3. Respond to opportunities. If chosen by industry, ILP connects you. "
4. Keynote/lightning talk at our workshops. Meet startups, corporates,
investors, policy makers, & MIT serial entrepreneurs. "
5. Apply to bring your poster/demo to MIT ILP’s conference startup
exhibits (MIT ICT conference, MIT R&D Conference, regional events
in Austria, Brazil, China). "
Other startups!
• As a non-member you can attend our open workshops. !

16. Upcoming
events
• Digital Healthcare Innovation (9/22/15) "
– Startups can apply to speak NOW!

17. Connecting Industry to Startups