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Students' Start-Ups Help Fuel High-Tech Boom in Cambridge

Harvard students who want to get involved in Internet start-ups have come to the right place.

Student start-up companies are contributing to a technological boom in Cambridge. City officials and professors say the area is increasingly winning a reputation as a center for high-tech industry. And Harvard and MIT, the universities at either end of town, are the principal attraction.

"A lot of startups come out of MIT and stay in the community," said Jeanne Strain, Cambridge's director of economic development. "They train the scientists and create the technology that's put to work in local businesses."

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Along with students' efforts, Harvard and MIT are pouring money into computer science initiatives. Their investment, in turn, has made Cambridge a hotbed for the growing industry, extending well beyond their campuses.

Companies are naturally drawn to the invaluable resources of the two schools.

"There is definitely a natural draw to the schools because of their reputation for important research," said Robert D. Austin, assistant professor in the Technology and Operations Management division of the Harvard Business School.

Last October, Harvard opened a brand-new facility for computer science, the Maxwell-Dworkin building, funded largely by Harvard's most famous dropout who founded a start-up: Bill Gates, class of 1977.

In the same month, MIT announced a joint venture with Microsoft called I-Campus intended to improve the use of computing technologies on university campuses.

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