NYCEDC has announced its annual global new venture competition, NYC Next Idea. The competition provides students and recent alumni of schools around the world the opportunity to access substantial funding ($35,000) and support to implement their business ideas in New York City.
The early deadline for business summaries is October 28th. The final deadline is November 11th.
The competition is open to teams of 2-5 participants who have new and innovative ideas that could be commercially viable in New York City. For example, an idea could complement one of the major industries found in NYC such as fashion, financial services, media, technology, or biosciences, or could more broadly address issues that the city faces as a result of its infrastructure, economy, geography, demographics, and space limitations.
Six teams of finalists will win a five-day, all-expenses-paid trip to New York City during the Spring 2014 to participate in the final round of the Competition, which will be hosted at Columbia University. The prize pool includes $35,000 in prize money as well as additional support including free workspace and legal services.
We welcome participation from all US and foreign students and recent alumni in the 2013-2014 Competition.
More information about the Competition can be found on www.nycnextidea.com.