Today, I hopped on the Metro North to New Haven and met the summer startups in Yale’s summer incubator program which is put on by the Yale Entrepreneurship Institute (YEI).
YEI’s mission is to help students create successful new businesses from the ideas that students originate themselves and those that are part of Yale’s University research. Applicants are vigorously screened and those who enter the program work on their ventures for an intensive ten weeks. During those ten weeks, industry mentors talk about and teach them entrepreneurship. This is actually not a class but a full time job, so those entering the program receive a stipend for the ten weeks they are in the program. You can see this year’s teams, as well as previous years’ teams, on their website.
They asked me to talk about advisors (and mentors) since I do that as part of my work with David Shen Ventures, LLC. Here is my presentation:
It was great visiting Yale and being part of the program (the last time I was there was back in 1982!). I was very happy to get home, however, because apparently a tornado touched down in Bridgeport RIGHT ON THE TRAIN TRACKS AND ON TOP OF THE TRAIN BEFORE MINE and caused us to delay. YIKES…