According to BlockBeats, alumni from MIT and Harvard have jointly established a start-up accelerator called MIT x Harvard Blockchain Accelerator, focusing on supporting early Web3 founders associated with the two schools. The accelerator is a non-dilutive program and no investments are made in accepted startups. Sam Lehman, one of the core contributors, said that the startups they accelerate do not give them any equity and have no plans to invest or provide funding in the short term, focusing on pure mentorship.

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