We started off our morning with a visit to the Urban Futures Lab (UFL) on the 19th floor at 15 MetroTech. The interior design of the lab was AMAZING! There’s unique artwork throughout the space of the lab. We met with Amy Chen (Coordinator of the meeting from the UFL) in the Edison room of the lab, which had a breathtaking view of downtown Brooklyn and Manhattan along with four different NYC bridges! She gave us a description of what the Urban Future Lab is all about along with a tour of the beautiful lab. We talked about the different startup companies that occupied the space and their commitment to reducing carbon emissions. At the end of the tour Amy invited two startups to talk to us about what it is they are doing at the UFL and what the process of starting up their own company was like. We learned a lot! --including how funding from others is great, but you also loose a big chunk of your company every time you accept an investment. It was truly a remarkable experience.

After the UFL visit, we returned to the classroom where we continued our entrepreneurship lessons with Professor Nov. We discussed a series of topics including: evaluating a business, business angels, investment factors, social entrepreneurship, along with others. At the end of the lecture each group had the opportunity to deliver (once again) their pitch for a company they created. With feedback from the previous day we all worked through lunch break to address concerns and holes in our pitches. The final product for most groups was very creative and successful. If I were a rich investor I would definitely invest after the pitches that were made today!