The Hofstra CPXi Venture Challenge helps students turn innovative ideas into a business by working through the early stages of venture creation. Students will compete for a total of $50,000 in prizes over the course of competition, culminating in a separate graduate and undergraduate Venture Challenge Competition on April 21, 2016, during which students will present their ideas to a panel of judges.
This year, students will also participate in an Accelerator program administered by the Center for Entrepreneurship during the spring semester, which will provide students and student teams with valuable mentorship and training from entrepreneurs-in-residence, mentors, and faculty advisors, and will assist students with ideation, customer validation, development of a business model, and formation of the product pitch.
The brief online application, rules, and frequently asked questions can be found at www.hofstra.edu/cpxichallenge. The application is due on February 1, 2016 and questions can be emailed to Stacey Sikes, Senior Assistant Dean for Administration at the Center for Entrepreneurship, at Stacey.Sikes@Hofstra.edu.
The Hofstra CPXi Venture Challenge and Accelerator Program includes the following prizes:
- "Shark tanks" and pitch competitions throughout the spring semester: A total of $8,000 in prizes
- Hofstra CPXi Venture Challenge Graduate Competition on April 21, 2016: First place - $6,000; Second place - $4,000; Third place - $2,000
- Hofstra CPXi Venture Challenge Undergraduate Competition on April 21, 2016: First place - $15,000; Second place - $10,000; Third place - $5,000