Ann DeWitt has been named chief operating officer of the Engine, the MIT-created program to drive commercialisation efforts of research-intensive innovations.
The Engine, the commercialisation program launched by Massachusetts Institute of Technology (MIT) in 2016, has named Ann DeWitt (pictured) as chief operating officer.
DeWitt was previously senior director of business development and licensing transactions at healthcare firm Sanofi, a position she had held since May 2016. She holds a PhD in chemical engineering from MIT, which she gained after obtaining an MBA from Harvard University.
She will help the Engine build out its corporate network and program to support the scientific and technological researchers.
In addition to working for the Engine, she will also continue to serve as a board director of learning community Women in the Enterprise of Science and Technology (West) and as a member of women entrepreneurs-focused platform Springboard Enterprises.
The Engine’s aim is to help boost commercialisation of research-intensive innovations that have to date been unable to secure the necessary support and resources. It secured $150m for its fund in April last year– with MIT putting in $25m – before growing to $200m in September.
– Image courtesy of LinkedIn
