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MIT delta v
Providing expertise, support & connections MIT students need to become effective entrepreneurs, serving all MIT students, across all schools &...
MIT delta v
Providing expertise, support & connections MIT students need to become effective entrepreneurs, serving all MIT students, across all schools & disciplines.
General information
Firm type
Private Equity
Year founded
1991
AUM
Undisclosed
Location
Region
North America
Country
United States
City
Cambridge
Corporate office
Cambridge, MA, United States
Principals
Bill Aulet
Managing Director; Ethernet Inventors Professor of the Practice, MIT Sloan
Ana Bakshi
Executive Director
Frequently asked questions
Is MIT delta v a venture fund or an accelerator?
It is a university-run startup accelerator, not a venture capital fund. MIT delta v is the final stage of the Martin Trust Center's entrepreneurship curriculum. Participating teams are students who receive a stipend, mentorship, and office space for a summer. The program culminates in a Demo Day where companies present to external investors, but the accelerator itself collects no management fees, does not disclose a fund, and does not take equity as a standard condition.
How do teams get into MIT delta v, and what support do they receive?
Teams are selected from the MIT student body through an application process. Once accepted, the accelerator provides a stipend, co-working space in Cambridge, and direct access to the Trust Center's Entrepreneurs in Residence and professional advisors. The summer curriculum is designed to compress the essential elements of a two-year startup-building arc into a few months, covering legal incorporation, product development, and go-to-market execution before a final public pitch event.
Does MIT delta v take equity or require a stake in portfolio companies?
No public information indicates that delta v takes an equity stake. The program provides a stipend to student teams and describes its mission as educational, centered on building effective entrepreneurs. This distinguishes the accelerator from many commercial startup programs that provide capital in exchange for founder shares; delta v's support is framed as a philanthropic donation-backed learning experience embedded within the university.
Who runs investment decisions at MIT delta v?
Managing Director Bill Aulet and Executive Director Ana Bakshi lead the operating structure. Cohort selection is handled by the Trust Center's team, which includes a network of Entrepreneurs in Residence. There is no disclosed investment committee because the accelerator awards stipends through an educational framework rather than making venture capital investments. Final selection criteria and process are not published in detail outside the application portal.
How is MIT delta v related to the Martin Trust Center?
MIT delta v is the flagship summer accelerator program of the Martin Trust Center for MIT Entrepreneurship. The Trust Center conducts year-round coursework, advising, and co-curricular programs for MIT students; delta v represents the most intensive, later-stage educational experience in that pipeline. Both share the same leadership team, Cambridge facility, and philanthropic funding base.
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