Deepak Hegde is founder and director of NYU Stern’s Endless Frontier Labs.
Photo credit: ©Myaskovsky, ©Jolly: Courtesy of NYU Photo Bureau
NYU STERN’S ENDLESS FRONTIER LABS WINS PRIX GALIEN HONOR
Endless Frontier Labs at NYU Stern has been named the Prix Galien winner in the Best Incubator/Accelerator/Equity category. The Prix Galien is an international program that recognizes advances in scientific innovation and the development of new medicines. EFL received the award at the 19th annual ceremony at the American Museum of Natural History in New York City.
The award reflects the progress of EFL alumni who are bringing major scientific breakthroughs to market. Several were nominated in the Best Startup category. GrayMatters Health, another EFL alum, previously won Best Startup for developing the first FDA-cleared self-neuromodulation therapy for PTSD.
Professor Deepak Hegde, EFL’s founder and director, says the program is built on a simple premise: world-class science needs a path to reach patients. EFL supports founders with clear milestones, no-equity terms, and an ecosystem built to reduce uncertainty for early-stage science.
Read more about EFL in this P&Q story: In NYU Stern’s Endless Frontier Labs, MBAs Help Bring Science & Tech Ideas To Market
Learn more about the Prix Galien here.
Georgetown University’s McDonough School of Business
GEORGETOWN EXPANDS TALENT PIPELINE FOR THE GROWING REAL ASSETS MARKET
Georgetown University’s McDonough School of Business is making a major investment in the future of real assets. Georgetown alumnus Bob Steers, co-founder and executive chairman of Cohen & Steers, has committed $10 million to fund 20 full-tuition scholarships for the M.S. in Global Real Assets program.
His gift responds to a fast-changing industry that now views real assets – real estate, infrastructure, natural resources, and commodities – as a $100 trillion global market tied to the energy transition and long-term sustainability.
Candidates for the Steers Scholars Program will be chosen for academic strength, leadership potential, and commitment to advancing the field. They will complete the full program application process, submit two scholarship essays, and interview with the selection committee. The gift also funds new professorships in real estate and infrastructure to attract faculty who can shape future research and curriculum.
The Global Real Assets program emphasizes hands-on learning. Students underwrite live deals, study investment funding, and examine the physical and financial workings of major projects. The Steers Center for Global Real Assets, recognized as a leader in this space, oversees the curriculum and provides industry access through its network in Washington, D.C., and beyond.
EDHEC’s campus in Nice, France. Courtesy photo
EDHEC, ESMT BERLIN, AND POLIMI RELEASE FIRST BAROMETER ON RESPONSIBLE STARTUP PRACTICES
EDHEC Business School, together with ESMT Berlin and POLIMI Graduate School of Management , has released the first European Responsible Start-up Practice Barometer. The report, created through the INNOVA Europe coalition, surveyed 433 European startups to understand how young companies approach environmental, social, governance, and civic responsibility. The findings show strong interest across the ecosystem, but also major gaps between intention and measurable action.
Most startups, 93%, say they value responsible practices while 81% reported taking action in at least one pillar. Yet, only 28% measure the impact of those actions. Financial constraints and a lack of time are the main reasons cited for slow progress. The obstacles vary by country, showing how local pressures shape priorities. For example, French startups cite time constraints more often, while German startups point to limited financial resources.
The study also highlights weaknesses in tracking progress. Startups in early stages rarely monitor their performance indicators, and many lack the expertise or support to measure impact effectively. External pressure makes a clear difference: companies are twice as likely to track ESG performance when customers, investors, or incubators push them to do so. This pattern shows how ecosystem expectations can accelerate responsible practices.
The barometer is designed to help schools, investors, and incubators better understand where startups need support. They believe responsibility must move from a communications exercise to a strategic priority tied to long-term performance. Through INNOVA Europe, the partner schools aim to boost collaboration, share best practices, and promote an entrepreneurial model that aligns innovation with societal and environmental needs.
DON’T MISS: THE 100 HIGHEST-FUNDED MBA STARTUPS OF 2025 AND TRIUM MARKS 25 YEARS: THE GLOBAL EMBA THAT PUT GEOPOLITICS IN THE BOARDROOM
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