MIT Venture Fund The Engine Invests in 'Tough Tech'

The video discusses 'tough tech', which involves tackling significant global challenges through engineering and science. These projects often require extended timeframes, ranging from a few years to over a decade, to overcome technical risks. Examples include fusion energy and biotechnology. The focus is on forming companies from university labs, primarily in Boston, with an emphasis on diversity in entrepreneurship. The ultimate goal is to create valuable companies with global market potential.

How long do tough tech projects typically take to develop according to the speaker?

What is the significance of fusion energy as discussed in the text?

What are some examples of ambitious projects mentioned in the text?

What role do universities like MIT and Harvard play in the development of tough tech?

How does the speaker describe the entrepreneurs they are funding?

What is the ultimate goal of the investments mentioned in the text?

What challenges does the speaker identify regarding diversity in tech entrepreneurship?