Newark Innovation Acceleration Challenge
The contest is open to any current student of a Newark area college or university and any community member who is proposing to start a business in Newark
Deadline for Submissions:
Thursday, November 7th
Date for Notification of Finalists:
Monday, November 18th
Presentations by Finalists:
Monday, December 2nd
The following sponsors for the program, Capital One and Sterling Medical, provide Innovation Acceleration Fellowships to winners ($3000 each) for summer support to allow students to work on continuing development of their business ideas. Full-time participation over the summer is required.
Initial submission must be four paragraphs (not more than two pages) answering the following questions:
- What is the problem that this company proposes to solve? (Need)
- How does the company plan to solve the problem? (Application)
- How does the company plan to make money from this application? (Value Proposition)
- What is the competition and what is the competence of the management team? (Competition)
Initial submission must be made by email to:
Finalists will be given time for a ten-minute pitch with PowerPoint slides followed by Q&A. Finals will be held at the NJIT Campus Center, University Ave., Newark, NJ in the Atrium on Monday, December 2nd from 1:00 to 5 P.M.