CAMBRIDGE, Mass., March 4 -- The MIT School of Engineering Deshpande Center for Technological Innovation (Deshpande Center) has issued its first round of 2003 grants to faculty for a variety of emerging technologies. The Deshpande Center supports the research of MIT faculty and students and facilitates collaboration among entrepreneurs, venture capitalists, innovative businesses and MIT faculty. It was established with a $20 million gift from Jaishree Deshpande and Desh Deshpande, co-founder and chairman of Sycamore Networks. 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