Flying Ship Technologies, creator of an autonomous ground effect vessel design that ‘flies’ centimetres above the water, has been selected to join the 2022-2023 cohort within the Endless Frontier Labs (EFL) accelerator programme at New York University Stern School of Business.
The leadership team of Flying Ship Technologies will work alongside EFL mentors, NYU Stern MBA students, and other companies selected for the Deep Tech track within the programme.
“Flying Ship Technologies’ selection to participate in EFL is a concrete demonstration of the investment community’s interest in our company and our ground-breaking zero-emission, autonomous ground effect vehicles,” said Flying Ship Technologies Founder and CEO Bill Peterson.
“NYU is known globally for their MBA curriculum, making this a highly-visible and competitive programme. The EFL leaders selected the top seven percent applicants based on their potential to have a transformational impact on humanity.”
“We are honoured and look forward to working with EFL to accelerate the path to market for Flying Ships so that we can enhance coastal transportation with fast, cost-effective, flexible and green solutions to solve many of the global maritime logistics issues.”
The EFL programme is focused on early-stage science and technology-based companies and is structured to optimise each start-up’s chance of scaling into a successful company through a goals-based mentoring process. Mentors include entrepreneurs who have built and exited successful companies, scientists and technical experts, as well as venture capital and angel investors.
Over nine months, the mentors work with admitted founders to set goals for the start-ups to accomplish and act as an informal advisory board to guide founders on how best to scale their businesses.
“Our mission is to bridge the gap between science and markets. We believe business strategy, validation by scientific peers, and connections to investors are critical for the successful commercialisation of scientific breakthroughs,” said NYU Stern Professor Deepak Hegde, Founding Director of EFL.
“To that end, EFL provides founders access to an unparalleled network of business coaches, scientists, investors, and Stern MBA students to help transform their ideas into high-growth businesses.”