May 31, 2021. Wisy CEO and Co-Founder Min Chen is chosen to participate in the Stanford Latino Entrepreneurship Initiative Education-Scaling Program (SLEI-Ed) at the Stanford Graduate School of Business (GSB). This program, created by The Stanford Graduate School of Business and the Latino Business Action Network (LBAN), in collaboration with Stanford University, seeks to support Latino entrepreneurs in the United States who have founded companies with more than $ 1 million in sales or investment.
According to the SLEI report, 2020 State of Latino Entrepreneurship, Latino entrepreneurs in the United States make up the fastest growing segment of the small business ecosystem. However, the average annual income generated by these companies is lower than that of other companies since they do not scale to higher levels of performance. The program was created to correct these barriers and support entrepreneurs in closing the gap and accessing opportunities that can generate $ 410 billion for the United States economy.
“We are a high-tech company in artificial intelligence aimed to be influential in the world of data. Our participation in the SLEI-Ed program with Stanford University will make it easier to achieve planned results in less time and increase the value of our company through key contacts, resources and business knowledge of the highest level.”Min Chen – CEO
Min Chen, CEO and co-founder of Wisy, commented that “We are a high-tech company in artificial intelligence aimed to be influential in the world of data. Our participation in the SLEI-Ed program with Stanford University will make it easier to achieve planned results in less time and increase the value of our company through key contacts, resources and business knowledge of the highest level. “
During 8 weeks, this intensive program will allow participants to learn about valuable scalability scenarios, to come in contact with a diverse network of capitalists and business mentors and to gain a deep understanding of how resource mobilization helps the growth and sustained scalability of businesses.
The Wisy platform is based on artificial intelligence technology that provides real-time data to solve the problem of shortages of daily consumer products. By using images on shelves at any retail location, Wisy enables users to achieve control at scale, reduce losses, and sell more effectively.
Wisy’s vision is to create technological solutions to solve global problems and as a result of its value proposition, Wisy has been recognized by Silicon Valley’s most prestigious innovation programs such as Carnegie Mellon VentureBridge, SAP.iO, Plug and Play, Nasdaq Milestone Maker and Google Accelerator program. Wisy’s team assesses the current and future needs of society and works closely with its clients to co-innovate, and to create social and economic well-being.
LBAN is co-chaired by Victor Arias, Jr. and Jerry I. Porras, co-author of the international bestseller Built to Last: Successful Habits of Visionary Companies, and Jennifer Garcia serves as the interim CEO of LBAN.