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PARTNERSHIP PROGRAMS

Sigmund is dedicated to providing key support to professionals in the tourism industry who are interested in starting their own businesses. We are also committed to unlocking the entrepreneurial potential of university students worldwide through three partnership programs. Keep reading to learn more about how Sigmund can help and what makes us different.

 

Sigmund Academic Partnership Program

Unlocking entrepreneurial potential in university students around the world.

There are several ways academic institutions can partner with The Sigmund Project:

  • Sigmund on The Syllabus Program

  • Solve A Challenge on Sigmund

  • Joint Case Studies

  • Business & Marketing Plan Projects

  • Coding/ IT Support

  • Research

Here is what our university partners are saying about working with Sigmund

We see great merit in The Sigmund Project’s business model and goals, and feel confident we can work together to bring greater innovation to the global tourism industry. Fueled by the Tisch Center’s world-class hospitality program, we look forward to seeing what innovative ideas are presented on Sigmund’s OPEN SOURCE platform by our students and by the hospitality industry community at large.
- Nicolas Graf, Associate Dean of the NYU Jonathan M. Tisch Center of Hospitality

β€œThis was fantastic! I am very happy we set this up and I think it is a great project for this course and fun too. When we are all done, I would like to discuss a set up for my spring course. I have some other big plans for that course and this will accompany the ideas in that course well.” - Roy Jantzen, Professor of Natural History, Ecotourism, Tourism and Climate Change, and Environmental Stewardship in the Faculty of Global and Community Studies at Capilano University

"At HCT, we were trying to create more collaboration opportunities between academia and the industry, and gladly we found Sigmund. Sigmund allows students to increase their learning experiences and empowers them with the crucial competencies for future careers related to the industry's latest trends. HCT students achieved a higher level of authentic learning and satisfaction and, together with faculties, look forward to repeating this experience. I wholeheartedly recommend Sigmund to all education institutions worldwide". -Dr Sara Nunes Academic Program Chair Tourism Management, Higher Colleges of Technology, United Arab Emirates

Latest Student Idea Submissions Resulting From Partner Programs

 
 
 

Sigmund Support Program
COMING SOON

Do you have an idea to advance the global travel and tourism industry for good? Do you have a business model, proof of concept and plan?

If so, here is your opportunity to find financing, access our advisor network, launch your idea and help define your future. Your idea should not be a variation on a theme, it should be truly creative.Your idea must give back to the community and should have a path to profitability. We believe the best way to create true innovation in the travel industry is through collaboration, so we encourage you to pitch with at least one other individual or entity you’ve connected with through the SIGMUND platform.

UNIQUELY STRUCTURED

We are not micro-financing. We are not an incubator. We are looking for profitable ideas that also give back to the community and the planet. SIGMUND will become your partner and help you grow to the next level. Like you, we aim to see a financial return from the business. All of our return on investment goes back into the Sigmund fund allowing us to invest in other like-minded companies. That’s how we stay sustainable.  

TRIPLE BOTTOM LINE

We believe in a balance of people, planet and profit. When evaluating proposals, we want to make sure the business can operate on its own. We want to support ideas that are sustainable and have a path to profitability. Once that is established, we want to see how your idea will contribute to positive social and environmental impact.


CREATIVE CAPITAL VS. TRADITIONAL CAPITAL

Rather than just investing traditional capital, we invest creative capital that provides startups and founders with the flexibility and security to grow their business in a way that makes the most sense. So, we might provide you technical assistance, connect you with vendors to help you overcome your current challenges, and provide other tools to upskill you and your team. To help you grow and scale, we offer active post-program support and guidance in the areas of strategy, governance, customer insights and other important disciplines. 

ACCESS TO EXPERTISE

If selected, you will have access to our expertise and networks of advisors who have deep sector, channel and customer experience. Once you submit your plan, we will pick the best advisors from our network to evaluate your concept. If approved, our advisors will offer post-investment support and guidance in the areas of strategy, governance, customer insights and other important disciplines.

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FREQUENTLY ASKED QUESTIONS

+ Who is eligible for SIGMUND SUPPORT?

Anyone with a transformational idea that can reshape the global travel and tourism industry and beyond.

+ Does SIGMUND provide support programs in my part of the world?

As SIGMUND is global in scope, potential candidates can be from anywhere in the worldβ€” from Rancagua, Chile to Xi'an, China.

+ What type of business entities can apply?

We accept applications from all types of entities including but not limited to companies, individuals, and associations. Collaborations of at least two or more entities will be given preference.

+ What types of project are not eligible?

SIGMUND prefers not to award:

Requests for support of fundraising events;

Requests for support of investors;-

Requests to cover operating deficits;

Requests to cover marketing costs;

Charities operated by service clubs;

Activities that are normally the responsibility of government (SIGMUND will, in selective cases, partner with government in supporting special projects.)

Activities to propagate a religious faith or that are restricted to one religion or denomination; support of political candidates; memorials; etc.

A second request for a capital campaign for which the foundation previously approved ;

The board remains open to ideas and opportunities and will exercise flexibility when needed.

+ What does SIGMUND do with any ROI?

SIGMUND is registered as a benefits corporation and reinvests all its earning back into the fund.