BPC Podcast: Sustained Mobility Innovation Investment in Detroit

​Michigan Central, Ford Motor Company’s development in Corktown, ​and Newlab​, home to over 800 engineers, entrepreneurs, and inventors applying transformative technologies to things that matter, today announced a collaboration to foster an innovation ecosystem committed to helping shape the future of mobility in a way that benefits everyone. Pairing Ford’s automotive industry leadership with Newlab’s successful studio model, the alliance aims to tackle complex transportation problems related to connectivity, autonomy, and electrification. 

​Michigan Central and Newlab will launch two new studios focused on mobility that will ultimately live within the district. In establishing the mobility innovation studios for Michigan Central, Newlab will work together with the existing community of accelerators and incubators in Detroit and Michigan, attracting talent and capital from outside the region and supporting homegrown companies and entrepreneurs.

​🎙️MODERATOR: Mark Young, Co-founder & Co-CEO of Bridge Point Capital Formerly Mr. Young was Partner and Investment Committee member at L. Catterton’s Latin America Fund. He led the Investment Advisory efforts at McKinsey Investment Office, overseeing partners investment allocations, and was Former Chief Investment Officer of a billionaire’s family office. Mr. Young Co-founded a biotechnology company, attracting anchor investors including Warburg Pincus and the Harvard Endowment before taking the company public. Mr. Young graduated from Harvard Business School with an MBA and has obtained both his CPA and CFA qualifications.

​​​​🎙️SPEAKER: Shaun Stewart, CEO of Newlab, Shaun was appointed the CEO of New Lab in December 2018. An “inspiring space,” as Shaun calls it, NewLab is the confluence of technological innovators, medical scientists, computer-science geniuses, and climate change combatting pioneers in Brooklyn, an area with the potential of becoming the Silicon Valley on the East Coast.

​Prior to heading New Lab, Shaun was the Chief Business Development Officer at Waymo, Google’s self-drive cars initiative, from 2016 to 2018. At Waymo, Shaun was a member of the executive leadership team leading the Operations, Business Development and Strategy functions. Shaun started his career in the online hotel booking sector, working at Expedia from 2002 to 2010 as a Regional Director of Market Management. He then co-founded Jetsetter, a company later acquired by TripAdvisor. He was then invited to help expand Airbnb’s business as the Global Head of Vacation Rentals from 2014 to 2016 before joining Google X. Shaun received his Bachelors in hotel management from Cornell University.

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