Jean-Jacques Degroof is committed to both venture investing and counseling young entrepreneurs. With a commitment to investing in projects that aim to make the world a better place, Jean-Jacques Degroof has maintained a close relationship with the Massachusetts Institute of Technology (MIT), including supporting research related to the Aging Brain Initiative.
Among its recent news, the Aging Brain Initiative has produced research results suggesting that sound and light treatments can improve memory and reduce cognitive impairment in Alzheimer's patients. The new research was completed on mice and based on the hypothesis that Alzheimer’s patients experience reduced gamma oscillation functionality.
Researchers achieved better outcomes when using the sound and light treatments in combination rather than separately. The non-invasive treatments induced gamma oscillations that reduced amyloid plaques and phosphorylated tau protein, two Alzheimer’s-related pathogenic markers. Further, the treatments worked in multiple parts of the brain. After completing a trial on healthy human volunteers, the researchers plan to begin testing the treatment on individuals with early-stage Alzheimer’s.
A teacher and venture investor, Jean-Jacques Degroof has furnished business counseling services to young entrepreneurs with a focus on technology since 2000. To this practice, Jean-Jacques Degroof brings experience as a teaching assistant and affiliate researcher at the Massachusetts Institute of Technology (MIT).
Soon after President John F. Kennedy announced what would become the Apollo space program, the MIT Instrumentation Laboratory received a contract to complete work for the initiative. While MIT has received recognition for creating the guidance and navigation system fundamental to the journey to the moon, the institution's role in the Apollo program also extends to the areas of biomedical studies, simulation technology, geophysics, and mechanical and computational engineering. Here are three lesser-known contributions MIT made as part of Apollo.
Seismic Monitoring Station
Professor Nafi Toksoz developed an innovative seismic monitoring station to be placed on the moon that would reveal insights into the moon's formation and structure. One of the first discoveries was that the moon has almost no water.
A Pioneering Compiler Language
One of the first compiler languages ever written for the purpose of computer programming was developed by MIT Instrumentation Lab engineer Hal Laning. Called MAC, the language was rooted in a system of "verbs," or actions to be performed.
Astronauts on the Apollo 11 mission and those that followed it returned with lunar rock samples, and MIT professor Gene Simmons and others at the Department of Earth, Planetary, and Atmospheric Sciences (EAPS) have studied them ever since. The rocks have helped scientists understand how the Earth and other planets were formed.
Since 2010, Jean-Jacques Degroof has counseled young entrepreneurs in Europe and the United States. A graduate from the Massachusetts Institute of Technology (MIT), Jean-Jacques Degroof leverages his experience as a former teaching assistant and researcher at the Sloan School of Management to his mentoring and teaching services.
An institution of higher learning based in Cambridge, Massachusetts, MIT has helped the members of its community who possess promising business ideas through its Venture Mentoring Service (VMS) since the year 2000. In addition, VMS expanded with its outreach program launched in 2006 as a way to spread the unique program to other organizations and since became a model for other educational organizations seeking to embrace the topic of entrepreneurship.
The VMS program centers on building a collaborative partnership between young entrepreneurs and experienced mentors through confidential meetings. The meetings feature a rigorous structure to avoid conflicts of interest. Anyone who is a member of the MIT community can begin using VMS, regardless of whether they are working on a new or evolved project. Mentors provide their services voluntarily.
With more than 30 years of experience in investments and finance, Jean-Jacques Degroof is a mentor and teacher who focuses on young entrepreneurs. Jean-Jacques Degroof has been heavily involved with the Massachusetts Institute of Technology, including as a student and a researcher. He also has been a supporter of MIT’s mentoring program, the Venture Mentoring Service (VMS), which began almost two decades ago.
The VMS, a team-based mentoring program, continues to grow, and is now being used at other institutions. The program gives budding entrepreneurs access to a team of volunteer mentors who provide support and advice as they grow their business through a structured process in all confidentiality.
Ariane Martins, VMS' Outreach Training Project manager, notes that the structured, team-based approach to mentoring has provided tangible value to entrepreneurs in the past few years as they have sought to grow their businesses. In 2019, VMS had assisted more than 2,500 entrepreneurs belonging to 1,450 ventures, which raised in investment and grants in excess of $1.44 billion.
A summa cum laude graduate of the Catholic University of Louvain (UCLouvain) in Louvain-la-Neuve, Belgium, Jean-Jacques Degroof went on to earn his PhD at the Massachusetts Institute of Technology (MIT). As an educator and venture investor, he has long championed technology-based innovation and entrepreneurship. Jean-Jacques Degroof was instrumental in establishing an MIT Global Startup Labs (GSL) at UCLouvain in the summer of 2018.
The MIT GSL at UCLouvain, a free program, involved the selection of 20 students, young professionals, or researchers from UCLouvain partner companies. These young individuals must be enthusiastic about establishing a startup. The selected participants were immersed in a 6-week program of lectures and workshops in the summer of 2018 under the tutelage of 4 to 5 MIT student/instructors. The attendees then participated in a one-day demo event.
Launched in 2000, the MIT GSL fosters development by partnering with universities in emerging/chosen regions and formulates advanced courses handled by MIT instructor/students. Internet and mobile technologies are the focus of these courses, which are designed so that participants become aware of the technologies' business potential. To date, over 2,750 entrepreneur participants in 15 countries have undergone this real-world startup incubation mentorship.
An experienced managerial and financial expert, Jean-Jacques Degroof works with young entrepreneurs and business owners at various business schools in Europe. Previously a researcher at the Massachusetts Institute of Technology (MIT) Sloan School of Management, Jean-Jacques Degroof has developed a passion for technology innovation. His activities include offering solutions to global challenges as a member of MIT Solve.
MIT Solve is a yearly event that connects over 500 global leaders with the MIT community. The purpose of this annual event is to focus on the goal of the Solve initiative: addressing urgent global challenges. The 2019 Global Challenges include topics like the circular economy, community-driven innovation, early childhood development, and healthy cities.
The 2018 Solve Challenge Finals were held in New York and yielded 1,150 solutions from teams from more than 100 countries. The goal of MIT Solve events is to introduce the teams to possible partnerships that may result in the funding, management, and scaling of their solutions. Additionally, participants can compete to earn various Challenge Prizes, including the General Motors Prize for Advanced Technologies, the Blockchain for Social Impact Prize, and the UN Women She Innovates Prize for Gender-Responsive Innovation. For more information about MIT Solve, visit https://solve.mit.edu/.
Jean-Jacques Degroof, an experienced professional in the areas of investment and management, mentors for the Massachusetts Institute of Technology (MIT) Sloan School of Management Student-Alumni Mentoring Program. There, he counsels young entrepreneurs. Jean-Jacques Degroof admires the work of the technological research initiative Work of the Future, a task force launched by MIT.
Work of the Future is focused on studying developing technologies and identifying their potential impact on the workforce. Several research projects have suggested that the nature of work would undergo a tremendous transformation as a result of the application of technologies in various sectors.
Major technological advancements such as Artificial Intelligence (Robotics), Machine Learning, Big Data, Blockchain, and the Internet of Things would require people to gain new skill sets. This is because as various work processes are digitalized, the analog methods formerly utilized will become redundant. However, researchers have indicated that the aim of the application of these technologies is not to eradicate human involvement in the workforce. Rather, they aim to provide an easier and more efficient way of working. This research represents a step in the right direction, which is to complement and enhance human potential.
With more than two decades of experience as a venture investor and corporate board member, Jean-Jacques Degroof teaches and mentors entrepreneurs throughout Europe. As part of his advisory activities, Jean-Jacques Degroof served as a member of the advisory board of the Charité Entrepreneurship Summit from 2013 to 2015. He has took part in the conference, which promotes entrepreneurial advances in the biomedical sector, since 2012.
Biomedical science is a broad area of study that merges biology and medicine to improve the health of people and animals. Biomedical research is responsible for many of the newest, most successful medical treatments for diseases such as AIDS and cancer.
Biomedical engineering combines the tools and techniques of multiple engineering fields with biomedical science to solve healthcare challenges. This has resulted in innovations such as artificial hips, pacemakers, and 3-D printing of biological organs. Through ongoing biomedical research and engineering, science continues to make great gains in tissue and stem cell engineering, orthopedic implants, medical imaging, and many other areas of healthcare.
A former fellow of the MIT Sloan School of Management, Jean-Jacques Degroof is an entrepreneur and venture investor with more than two decades of experience in Europe and the United States. Jean-Jacques Degroof completed postdoctoral studies at the Center for Business and Government at Harvard University's John F. Kennedy School of Government, where he focused on overcoming inefficient entrepreneurial infrastructure for academic ventures.
The Mossavar-Rahmani Center for Business & Government traces its roots to 1978, when John Dunlop, a professor at Lamont University, laid the groundwork for the center in a series of papers and essays. Dunlop's writing explored the relationship between government and business, and proposed dedicating more resources to the study of business-government relations at the Business School and the Kennedy School. Dunlop published the book, Business and Public Policy, in 1980.
Dunlop's vision was met with that of Harvard President Derek Bok and Dean Graham Allison, who also sought a revitalized Kennedy School. When Harvard alumnus and donor Frank Weil recruited Winthrop Knowlton as director, the final piece of the puzzle fell in place. The Center for Business & Government was officially founded in 1982. It was renamed the Mossavar-Rahmani Center for Business & Government in 2005.
A fellow of the MIT Sloan School of Management, Jean-Jacques Degroof has extensive experience in international business ventures. One of Jean-Jacques Degroof’s early investments was Zipcar.
The car-sharing network Zipcar is an innovative company at the forefront of revolutionizing how people use transport. Its members get access to cars on-demand, allowing them to drive whenever they want wherever they are, without having to own vehicles themselves. All someone has to do to join the network is simply apply online. Once approval is granted, the applicant will receive a Zipcard by mail. With this, the person can activate Zipcar on a smartphone, book a nearby car, unlock it by tapping the card onto a reader on the windshield, get in, and drive.
But Zipcar is doing more than just changing how people travel. It is also helping them save on costs while making the world greener. Thanks to Zipcar’s affordable rates, members save an average of $600 a month over car owners. In addition, every Zipcar is estimated to take 13 personally owned vehicles off the street. Zipcar members also drive 5,500 miles less per year, saving 32 million gallons of oil. That means less greenhouse gas emissions and cleaner air.