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Jonathan M. Tisch Center of Hospitality
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October 2023
Dear HI HUB Incubator Friends,
We are very excited to start the new semester off fast and furious. As you can see we have great events planned for our community including a new Master Class as well as our second annual Hackathon.
I am also excited to announce our winners for the new cohort very soon and start the work toward our Pitch Day in May.
We are in the process of increasing our KISS fund in order to invest in more opportunities in our program.
Please always email me at rk104@nyu.edu if you have any questions or feedback to make our Incubator program bigger and better.
Thank you all for your support,
Dr. K
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Call for Application to the NYU Tisch Center of Hospitality Innovation Hub Incubator Program 2023 Cohort The HI Hub Incubator Program will now run as a 6-month program that offers mentorship, industry connections, advisory services, and more to early-stage startups. The program includes individual mentorship, boot camps, networking events, and master classes, and culminates with a pitch competition where the winning team will receive a $20,000 cash prize.
HI Hub Incubator’s mission is to provide all NYU-affiliated startup businesses and young entrepreneurs with four core services; plan your business, launch your business, manage your business, and grow your business.
NYU-affiliated startup founders (current students and alumni) with an active MVP in the travel, tourism, hospitality, and technology industry can apply to join our incubator program for free.
For general questions regarding the application, please send an email to HIHubIncubator@nyu.edu
Submission Deadline: October 8, 2023, at 11:59 pm EDT
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NYU HI HUB Incubator Presents The Fall 2023 Master Class:
Driving Innovation in the Travel & Hospitality Industry: Exploring Corporate Venture Capital with JetBlue Ventures
In this masterclass, we will dive into the fascinating world of corporate venture capital (CVC) with a specific focus on JetBlue Ventures, the venture capital arm of JetBlue Airways. We will explore how JetBlue Ventures leverages CVC to drive innovation and propel the aviation, travel, and hospitality industries forward. During this masterclass, we will examine the unique approach employed by JetBlue Ventures. We will explore JetBlue Ventures' approach to fostering innovation and gain insights into JetBlue Ventures' portfolio companies and their transformative contributions.
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Stephen SnyderManaging Director at JetBlue Ventures
As Managing Director of Operations & Partnerships, Stephen’s role is to build an ecosystem of partners and deployment opportunities for the many technologies of JBV’s portfolio companies. He focuses on advancing innovative thinking and compelling value propositions throughout JetBlue and its partners. Stephen joined JBV from JetBlue where he spent time on the airline’s Strategic Planning team. He holds an MBA in entrepreneurial management from the Wharton School and also earned an MA from the University of Pennsylvania and a BA from the University of Michigan
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Wednesday, October 18, 2023 | 4PM - 6PM EDT
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TravelTechLab: Design Thinking Idea HackathonNYU Jonathan M Tisch Center of Hospitality, HI Hub Incubator, and TravelTechLab present TravelTechLab - A design thinking idea hackathon engineered to give participants hands-on experience with tools and techniques from the design thinking framework, by building solutions to real-world challenges in the hospitality vertical and generate Return on Imagination.
What the Idea Hackathon entails:
1. October 18th: Learn the basic tenets of Design Thinking in a 3-hour workshop on persona mapping and problem statement definition, led by a design thinking specialist.
2. October 19th-25th: Work with hoteliers to develop and validate ideas along with mentoring by the design thinking specialist.
3. October 18th: Pitch your imaginative solution ideas to a distinguished panel in the final design showcase.
4. Having the work showcased in an eBook published by TravelTechLab.
5. Winning amazing prizes and recommendation/participation letters.
October 18th - October 25th 2023 | 11AM - 2PM EDT
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LinkedIn Top Startups 2023: The 50 U.S. companies on the rise
- LinkedIn News
Amidst a year of economic challenges, LinkedIn assembles its list of the innovative rising companies that have used this time of uncertainty to create exciting new opportunities and frontiers.
With an interesting look into ambitious climate tech projects and the rising A.I boom, this list compiles the most promising and persevering companies of the year that have not only caught the eye of top investors but the public at large.
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| Get to Know Your Mentors & Investors!
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Hansini SharmaDid you have a mentor who helped you get to where you are now?
I am lucky to have a few mentors who have been transformative to my life both personally and professionally, but the people who have inspired me most are my parents. My dad told me many years ago (and continues to remind me) of this: “Luck is preparation for an opportunity”; the harder you work, the more luck will find you. I believe this is a quote from a Roman philosopher, but the context he shared this with is important. He emphasized that I’m in control of my path, not necessarily the specific titles or salaries, but how I manage the situations I am in. It’s in my control to make the best of every opportunity I am given, how I react or perceive a particular situation, and how much I choose to gain from the roles I take on. If I work through them strategically and with a positive mindset, I’m likely going to find myself in positions where I am getting a seat at the tables I want to be sitting at.
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How This 25-Year-Old Makes $500k a Year With His Newsletter Business
Read about how Stanford graduate and young entrepreneur Edwin Dorsey has built his flourishing newsletter of financial insight, tweets, and company investigations The Bear Cave. Dorsey's impressive track record of market predictions and analysis has earned him an impressive following and reputation all at the young age of 25, read all about it below.
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The New World of AI “Answer Engines”
After the success of OpenAI's ChatPGT, the world's leading search engine Google is looking to implement new AI-generated search results to enhance the user experience. Beyond normal search capabilities for websites, articles, and photos, a new chatbot interface will be able to answer specific questions from users directly pulling from Google's expansive index of billions of websites.
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5 Entrepreneurial Mindset Principles That Empower Financial Literacy
Ben Sever breaks down the mind of an entrepreneur. Through clever angles on finance, risk, strategy, and life balance, Sever offers useful advice for conquering financial literacy using knowledge equipped by so many others toward their entrepreneurial journeys toward success.
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Top Investor Shares His No. 1 Counterintuitive Strategy for Making Tough Decisions—It’s Something You Haven’t Even Considered
Roelof Botha, managing partner at Sequoia Capital Ltd, speaks on a unique strategy for making tough decisions and widening your perspective on what paths to take next in business and investing. Being a lifelong and early investor in companies such as YouTube and Instagram, Botha shares valuable experience and insight into how outside-of-the-box thinking can unlock the key to the next step forward.
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How Finance Leaders Steer Growth-Focused Businesses
Michael Haesendonckx explains how finance leaders from growth-focused companies are doing important research and observation of mid-sized businesses to find a common path forward for future development. Continuous cost improvements, budget planning, and proper profitability assessments of customers are among these crucial focus points.
Read the full article by Forbes
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Quote of the Month“Take the attitude of a student, never be too big to ask questions, never know too much to learn something new”
- Augustine Og Mandino
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