Yale Entrepreneurial Society

Last updated
Yale Entrepreneurial Society (YES)
AbbreviationYES
Formation1999
TypeNonprofit, Yale Student Organization
Legal statusnon-profit 501(c)(3)
Purposesupporting student innovation and entrepreneurship at yale
Headquarters New Haven, Connecticut
Location
  • 254 Elm Street New Haven, CT 06511
Membership
300
President
Amelie Liu
AffiliationsYale Entrepreneurial Institute Tsai Center for Innovative Thinking at Yale
Website www.yesatyale.org

The Yale Entrepreneurial Society (YES) is a student-run nonprofit 501(c)(3) organization dedicated to encouraging entrepreneurship and business development in the New Haven, Connecticut area. YES was founded in 1999 by Yale undergraduates Sean Glass and Miles Lasater. Its social entrepreneurship program—focused on not-for-profit and socially responsible organizations—was founded the same year, with efforts led by fellow student David Pozen. Today, YES members include Yale undergraduate, graduate, professional students, and faculty, as well as several hundred Yale alumni around the world.

Contents

The Yale Entrepreneurial Society's mission is the following:

  1. Create and foster a community of entrepreneurs at Yale; promote the belief that entrepreneurial principles can be applied to any endeavor
  2. Offer resources helpful to students at any level of engagement with entrepreneurship
  3. Offer educational and networking opportunities to foster new venture creation; teach the lean startup model
  4. Organize campus and regional events to encourage innovation at Yale
  5. Publish information concerning new, events and opportunities

YES Accelerate

In 2023 YES Accelerate was created as an exclusive accelerator portal for YES members including a rolling common application exclusive to YES Fellows and VC partners. Members can apply to Techstars, Z Fellows, Contrary, Sequoia Arc, Pear VC, MiraclePlus, Entrepreneurs Roundtable Accelerator, Insight Partners, O'Shaughnessy Ventures, Lair East Labs, XFund, and Connecticut Innovations, all through one form. They can also access a resource hub, legal counsel, and more. YES Accelerate can be found linked on the YES official website.

LAUNCH Pre-Orientation Program

In 2022, following Yale's shift to mandatory pre-orientation programs for first-year students, YES began designing LAUNCH – a Camp Yale First-Year Pre-orientation Program focused on impact and entrepreneurship. [1] Students at LAUNCH hear from founders, meet alums and students who've built Yale's entrepreneurship community, and engage in collaborative workshops at Yale's Tsai CITY and entrepreneurial hubs around New Haven. They also participate in fun activities including day hikes, beach trips, movie nights, and late-night scavenger hunts. No prior entrepreneurial experience is required. [2]

LAUNCH was officially approved as a Yale College Dean's Office program and ran its inaugural program in fall 2023 for ~130 students. Students heard from Sara Du, Michael Seibel, Anne Wojcicki, Max Mullen, Gary Stewart, Mariam Naficy, and Michael Redd, met with campus leaders at Yale Ventures, Tsai CITY, and the CEID, and went on a day trip to New York City to Techstars headquarters. [3] The YDN reported that LAUNCH had a successful first year, [4] and a recap video can be found on the official website.

YES Internships

The YES Internship Program gives undergraduates from across the nation the opportunity to intern with one of YES's 150+ affiliated start-ups, who range from pre-seed companies to those currently financing a Series C. Through the program, students can help build a start-up from scratch while working with experienced entrepreneurs who are experts in their space. As they live and breathe the startup experience, YES internship participants learn the ins-and-outs of building a product to scale while collaborating with a small, innovative, and close-knit team.

Speakers & Yale INSPIRE Series

YES brings notable entrepreneurs and successful businesspeople to speak at Yale's campus, particularly Yale alumni founders.

In fall 2023, the Yale INSPIRE speaker series was created, bringing alumni founders back to campus for a fireside chat and dinner (typically at Mory's). These events were hosted in partnership with the Tsai Center for Innovative Thinking at Yale and recorded and published on YouTube.

Past speakers include:

Yale Venture Challenge

The Yale Venture Challenge was previously known as Y50K. It was held annually in April, and awarded up to $25,000 in grants to student entrepreneurs. The competition involved a 10-minute pitch and a 5-minute Q&A in front of a panel of judges.

The Y50K was YES's annual business plan competition. The competition ran annually after its inception in 2000. Each year, a total of $50,000 in grants were given away to new businesses in the Yale community. In 2004, a biotechnology category was added to the usual two categories of competition, social entrepreneurship and for-profit. The Y50K also had a strategic alliance with StudentBusinesses.com that allows the competition to be conducted completely online. In the early 2010s Y50K was changed to YVC, open only to students at Yale University.

Elevator Pitch Competition

The Elevator Pitch Competition promoted idea generation and presentation from any student in the Yale community. Pitches were no longer than three minutes, and a fully hashed-out business plan was not required. Barry Nalebuff was traditionally the judge for this competition. Past winners include Ovote, Prepd, and Junzi Kitchen. [10]

The Yale Entrepreneurial Magazine

The Yale Entrepreneurial Magazine, published and supported by the Yale Entrepreneurial Society, is Yale's only magazine of entrepreneurship. First published in 2001, the YE went out of publication in 2003 until being relaunched in the fall of 2013 by Nicole Clark and Aaron Lewis. The Yale Entrepreneurial Magazine has since gone out of print and is now succeeded by the Yale Entrepreneurial Society newsletter and alumni newsletter.

Regional events

YES hosts a variety of events throughout the year to highlight entrepreneurship at Yale and in the greater New Haven and Connecticut regions. While venues vary from year to year, common events usually include YES New York, YES Boston, and the Innovation Summit (hosted in New Haven). Students annually visit tech companies and startups in New England including Google, Etsy, Dropbox, Spotify, Rent the Runway, and Venture for America. The organization has also held events in Silicon Valley.

Related Research Articles

<span class="mw-page-title-main">MIT Sloan School of Management</span> Business school of the Massachusetts Institute of Technology

The Sloan School of Management at Massachusetts Institute of Technology is the business school of the Massachusetts Institute of Technology, a private university in Cambridge, Massachusetts.

<span class="mw-page-title-main">Yale School of Management</span> Graduate business school of Yale University

The Yale School of Management is the graduate business school of Yale University, a private research university in New Haven, Connecticut. The school awards the Master of Business Administration (MBA), MBA for Executives (EMBA), Master of Advanced Management (MAM), Master's Degree in Systemic Risk (SR), Master's Degree in Global Business & Society (GBS), Master's Degree in Asset Management (AM), and Ph.D. degrees, as well as joint degrees with nine other graduate programs at Yale University.

<span class="mw-page-title-main">Steve Blank</span> American businessman

Steve Blank is an American entrepreneur, educator, author and speaker. He created the customer development method that launched the lean startup movement. His work has influenced modern entrepreneurship through the creation of tools and processes for new ventures which differ from those used in large companies.

<span class="mw-page-title-main">Saunders College of Business</span>

Saunders College of Business is one of eleven colleges at Rochester Institute of Technology and is accredited by the Association to Advance Collegiate Schools of Business International (AACSB). As of fall semester 2018, Saunders College of Business encompasses nearly 11% of RIT's enrollment, home to more than 2,000 undergraduate and graduate students enrolled in programs across RIT Global Campuses in Rochester, New York, Croatia, Dubai, Kosovo, and China.

<span class="mw-page-title-main">Semyon Dukach</span> Ukrainian American investor, professional blackjack player, and entrepreneur

Semyon Dukach is an American entrepreneur and former professional blackjack player. He is the founding partner of One Way Ventures, a venture capital fund that backs immigrant entrepreneurs.

Global Entrepreneurship Week (GEW) is an international initiative that introduces entrepreneurship to young people in six continents. GEW emerged in 2008 as a result of Enterprise Week UK and Entrepreneurship Week USA 2007. Since its creation, more than 10 million people from roughly 170 countries have participated in entrepreneurship-related events, activities and competitions during GEW.

<span class="mw-page-title-main">Entrepreneurship and Innovation Center</span> Center at the University of Florida

The Entrepreneurship & Innovation Center is a center created to promote Innovation and Entrepreneurship at the University of Florida. The center is part of the Warrington College of Business and is located in Bryan Hall. Around 2500 students are enrolled in classes over the course of the school year. The center works with six other colleges at the university to deliver introductory and specialized courses for both undergraduate and graduate students. Courses taught through the center include Creativity, Global Entrepreneurship, Entrepreneurial Marketing, New Venture Creation, Venture Finance, Entrepreneurial Selling and Social Entrepreneurship.

Impact Entrepreneurship Group is a Canadian non-profit youth-run organization. Founded in 2004, it aims to foster and develop entrepreneurship among university and high school students. It has offices in Vancouver, Calgary and Waterloo, Ontario.

<span class="mw-page-title-main">David S. Rose</span>

David Semel Rose is an American serial entrepreneur and angel investor. He is an investor in startup technology companies and founder of New York Angels, an early-stage technology investment group. He is Managing Partner of Rose Tech Ventures, a venture fund focused on Internet-based business, and CEO of Gust, which operates a collaboration platform for early stage angel investing.

<span class="mw-page-title-main">Steve Guengerich</span> American entrepreneur and academic

Steve Guengerich is an entrepreneur, educator, and author of several books and numerous articles on information technology.

<span class="mw-page-title-main">David Cohen (entrepreneur)</span>

David Cohen is a serial entrepreneur and the founder of Pinpoint Technologies, iContact.com, and Earfeeder. He is also an angel investor with a portfolio of more than 100 companies. Cohen is best known as the co-founder of Techstars, a mentorship-based startup accelerator.

Harvard Innovation Labs (i-Lab) is an institution which aims to promote team-based and entrepreneurial activities among Harvard students, faculty, entrepreneurs, and members of the Allston and Greater Boston communities.

<span class="mw-page-title-main">Center for Digital Technology and Management</span>

The Center for Digital Technology and Management (CDTM) is a joint institution founded by Ludwig-Maximilians-Universität München (LMU München) and the Technical University Munich (TUM). Inspired by a visit to MIT, CDTM focuses on interdisciplinary education and innovation. Since its inception, CDTM has "Connected, Educated, and Empowered the Innovators of Tomorrow," serving as a hub for cutting-edge education, research, and entrepreneurship. Today, its 1,150 alumni are active in fields ranging from academia and venture capital to BigTech, SMEs, politics, NGOs, and startups. With 260 startups founded and 8 unicorns among them, CDTM alumni have made a significant entrepreneurial impact in Germany.

<span class="mw-page-title-main">Brad Feld</span>

Brad Feld is an American entrepreneur, author, blogger, and venture capitalist at Foundry Group in Boulder, Colorado, a firm he started with partners Seth Levine, Ryan McIntyre, and Jason Mendelson.

<span class="mw-page-title-main">Peter Záboji</span> Hungarian entrepreneur

Peter (Balazs) Záboji was an angel investor and entrepreneur. Much of the Budapest's success as a startup hub has been credited to Peter B. Záboji and his European Entrepreneurship Foundation (EEF). He has contributed significantly to the development of start up businesses in Budapest and received the highest civil recognition from the president of Hungary.

<span class="mw-page-title-main">Kerala Startup Mission</span>

Kerala Startup Mission (KSUM), formerly known as Technopark TBI, is a state-level agency under the Government of Kerala, India, dedicated to fostering entrepreneurship and incubation activities. Established primarily to manage the Technology Business Incubator (TBI), a startup accelerator, KSUM aims to cultivate a conducive environment for high-technology-based businesses.

The Garage at Northwestern University is an interdisciplinary innovation and entrepreneurship space and community for students at Northwestern University. The Garage provides students with resources and programming related to entrepreneurship and mentorship. The Garage houses approximately 90 student-founded startups per academic quarter. Its programs and resources are available to all Northwestern students.

York Entrepreneurship Development Institute (YEDI) is a venture fund, startup accelerator, incubator and entrepreneurial community located within York University in Toronto, Ontario, Canada. YEDI facilitates collaboration between students, alumni, and academic and business leaders. The organization was founded in 2013 by businessman Dr. Marat Ressin, a native of Russia with close ties to the Jewish community in Canada.

<span class="mw-page-title-main">Global Entrepreneurship Summit</span> International event for entrepreneurship

The Global Entrepreneurship Summit is an annual event organized by the federal government of the United States, in partnership with foreign government hosts. The summit originated from an event organized by the Obama Administration called the Presidential Summit on Entrepreneurship, which was held in April 2010 in Washington, D.C. It brought together entrepreneurs from the United States, Europe, Africa, the Middle East, South Asia, and Southeast Asia to discuss the importance of social and economic entrepreneurship, establish entrepreneurship as an important area of policy focus, and strengthen mutually beneficial relationships between entrepreneurs.

<span class="mw-page-title-main">Tony Luppino</span> American attorney, legal scholar, and author

Anthony J. “Tony” Luppino is an American attorney, legal scholar, and author. A law professor at the University of Missouri - Kansas City School of Law since 1991, he is the Rubey M. Hulen Professor of Law and Urban Affairs, Director of Entrepreneurship Programs, and Senior Fellow with the UMKC Regnier Institute for Entrepreneurship & Innovation. He is particularly active in the areas of entrepreneurship and business law, and cross-disciplinary studies and programs connecting them.

References

  1. Cook, Sarah (2023-03-09). "Camp Yale to add two new orientation programs". Yale Daily News. Retrieved 2024-08-19.
  2. "Camp Yale Programs". Yale College. Retrieved 2024-08-19.
  3. CITY, Tsai (2023-09-17). "LAUNCH: A Pre-orientation Program for Yale's Changemakers". Medium. Retrieved 2024-08-19.
  4. Hernandez, Tristan (2023-09-05). "University pilots three new orientation programs". Yale Daily News. Retrieved 2024-08-19.
  5. "Snapchat CEO talks innovation, growth". yaledailynews.com. Retrieved 2015-11-18.
  6. "7th on Yale - Entrepreneurial Students Bring Fashion to Yale University". Yale News. Retrieved 2015-11-18.
  7. "Perspectives from a Female Founder: Jennifer Fleiss of Rent the Runway | yei.yale.edu". yei.yale.edu. Retrieved 2015-11-18.
  8. "What Makes Innovation Tick?". Yale School of Management. Retrieved 2015-11-18.
  9. "Yale Conference to Address Role of Leadership in Education Reform". Yale School of Management. Retrieved 2015-11-18.
  10. "welcome". junzi kitchen. Retrieved 2015-11-18.