Five current MBA students and one recent graduate of the Yale School of Management (SOM) have been selected through a competitive process to be among this summer’s fellows at the Yale Entrepreneurial Institute (YEI), the school announced earlier this month. To date, the YEI Summer Fellowship – open to students and teams throughout the university – has accelerated more than 70 Yale student business ventures, which have raised $60.5 million in outside financing and created more than 210 new jobs.
Not only will this year’s six SOM students get to spend the summer developing their ventures at the YEI, they also will benefit from financial support, a work space, mentoring, entrepreneur-led workshops and opportunities to network with potential investors. Selected teams receive stipends from YEI for the summer of up to $20,000 per team, which supports living expenses and initial start-up costs, access to legal, accounting and marketing corporate partners and more.
Some of this year’s SOM ventures incorporate research drawn from across Yale University. One, Isoplexis, is a biotech company founded by Sean Mackay MBA ’14 and Kara Brower YC ’13 that is using Yale research to develop a technology for measuring immune response by analyzing protein secretions of single cells.
Another venture, TummyZen, is a new antacid, also based on Yale research. Its founders include four Class of 2014 MBA students, Hasan Ansari, Srikar Prasad, Fanni Li and Yulia Khvan.
The final SOM venture that will blossom this summer at YEI is a software company developing a software code encryption method to protect developers from theft. Called Truly Protect, it was founded by Dor Zaidenberg MBA’13. All told, Yale SOM students make up three of the eight teams selected for the YEI Summer Fellowship this year.
Learn more about the YEI Summer Fellowship, including how it works and how and when to apply.
