Bloc

Bloc provides a management platform for soft skills training that utilizes smart career tools to help workforce programs prepare their talent for the future of work.

Founder(s)

  • Riley Jones (Law '20) |
  • Amina Yamusah |

Website

GigFinesse

A platform that connects artists and venues to create unforgettable shows.

Founder(s)

  • Mir Hwang (CAS '19)

Website

Social

Curtain

Curtain is creating a mobile dating application with the mission of bringing face-to-face human interaction to dating in the digital age.

Founder(s)

  • Brenden Strauss (SPS '20) |
  • Ben Honig
  • Alexa Strauss |

Website

Social

Ignite Fellowship

The Ignite Fellowships are a peer-to-peer mentorship program that follows the intensive work of the Startup Sprints with mentorship and accountability to help the teams sustain progress. Participants are supported and coached as they apply the skills they honed in the Startup Bootcamps and Startup Sprints to reach their venture objectives by the end of the program.

The Ignite Fellowship is designed to help founders of new ventures practice the skills and form the habits necessary for success. Teams will regularly discuss progress against their own objectives, learn from and help other teams tackle current challenges, and meet other entrepreneurs who join from time to time to share their lessons learned.

Ignite fellows have priority access to:

  • Personal coaching through the Startup Coaching Program and office hours with seasoned entrepreneurs, startup experts, executives, and investors
  • Startup skills workshops, expert lunch and learns, and social events
  • A supportive multidisciplinary community of fellow NYU founders to learn from and share best practices
  • Access to funding, discounts, unique press opportunities, and other perks
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  • What Is Ignite Fellowship?

    What are the benefits?

    NYU does not take equity in your venture for participating in Ignite Fellowship. Any intellectual property developed is your own unless you have a pre-existing obligation to assign rights to the University.

    Ignite fellows receive monthly coaching sessions to set goals, identify challenges, and work toward solutions with additional support from an extensive network of experienced founders, investors, executives, and experts in:

    • Finance: managing cash flow, invoicing, taxes, etc.
    • Legal: incorporation, founder’s agreements, IP, etc.
    • Operations: benefits, compliance, payroll, etc.
    • Technology: architecture, best practices, tools, etc.
    • Fundraising: non-dilutive, angels, venture capital, etc.
    • Regulatory: HIPAA, 510-K, NDA, etc.

    Founders attend exclusive weekly talks, lunch and learns, and skill workshops led by seasoned entrepreneurs, startup experts, and angel & venture capital investors on:

    • Developing a Repeatable & Scalable Business Model
    • Identifying your Initial Target Market/Customers
    • Differentiating from Competitors
    • Testing Minimum Viable Products
    • Validating your Go-to-Market Strategy
    • Tracking Metrics that Matter
    • Securing Capital to Grow your Business

    Sponsored social events, small group discussions, and collaborative space in the Leslie eLab provide a supportive community for Ignite fellows to share best practices, tackle common challenges to network, and get to know each other.

    Ignite fellows also benefit from priority consideration for the NYU Prototyping Fund, NYU Summer Launchpad, VC Pitchfest, press opportunities, and service provider discounts.

    What are the requirements?

    No prior entrepreneurial experience is necessary. Any team pursuing ventures in any sector, including social ventures, at any stage of development can apply for consideration if the team is:

    1. Comprised of committed NYU founders: Teams may include non-NYU founders, but must include a majority of current NYU students, faculty, or researchers (from any NYU school or college). NYU founders must have significant equity in the venture and active operational roles.
    2. Committed to customer development: Founders are expected to regularly “get out of the building” to test their hypotheses by engaging potential users, purchasers, and partners for feedback on all elements of their business model.
    3. Capable of executing: Teams must possess the technical ability, determination, and hustle to quickly test, iterate and execute toward a viable business model.
    4. Community-centric: Teams are expected to help each other tackle common challenges, actively contribute to the community, and attend community-building events.

     

    A prototype is not necessary to be considered for Ignite Fellowship, but can be used to demonstrate the feasibility and technical competence. Strong preference is given to teams that clearly articulate their business model by completing a Business Model Canvas.

    What is the application deadline?

    High potential teams are accepted into Ignite Fellowship on a rolling basis each semester. Teams that apply to Ignite Fellowship, but are not initially accepted, can reapply after addressing any concerns in their application.

  • What's New for 2019-2020?

    The Ignite Fellowship currently has two cohorts for 2019-2020 academic year. Additional cohorts are possible pending caliber of teams.

    Ignite Alpha provides early-stage ventures access to weekly lunch & learn panels, peer-to-peer learning, monthly coaching through the Startup Coaching Program, along with access to a network of seasoned coaches in diverse industries.

    Ignite Beta cohort consists of ventures who have participated in the NYU Summer Launchpad Accelerator where they validated product-market fit and continue demonstrating ongoing progress through their own reported metrics. Each venture will be provided with advanced peer-to-peer learning opportunities, extensive coaching through the Startup Coaching Program, and access to exclusive benefits.

  • Frequently Asked Questions

    Does our venture need to be a tech startup?
    No, any team that meets the eligibility requirements outlined above can apply for Ignite Fellowship.

    Does our company need to be “venture backable”?
    Teams are eligible for Ignite Fellowship even if there are no plans to raise outside capital.

    How big should our team be?
    Ideally teams should consist of no less than two and no more than four founders. Anything more than four becomes unwieldy at the early stages of startup development.

    What if one of our team members leaves our venture?
    Teams must notify the Entrepreneurial Institute staff of any major changes in their venture, especially changes in team composition.

    What if I am a solo founder?
    Only teams of two or more founders are eligible as they tend to better manage the rigors of early-stage venture formation.

    Can we still apply if we are alumni?
    Teams may include alumni and non-NYU affiliated members, but must be comprised of a majority of current NYU student, researcher, or faculty founders.

    What if we apply and don’t get in?
    You can work with the Entrepreneurial Institute team to address any concerns with your application and apply again.

    How long can we stay in Ignite Fellowship?
    Teams may continue to participate in Ignite Fellowship as long as they meet the eligibility requirements and are actively progressing in the development of their venture to the satisfaction of the Entrepreneurial Institute staff.

    Do we need to incorporate or form a separate legal entity before we apply to Ignite Fellowship?
    No, incorporation can wait until it is absolutely necessary. The Entrepreneurial Institute team can help determine when that is and make introductions to startup lawyers who can help.

    Do we receive class credit for participating in Ignite Fellowship?
    No, Ignite Fellowship does not grant class credit to participants.

    Is Ignite Fellowship different from Summer Launchpad?
    NYU Summer Launchpad is a ten-week summer accelerator program for teams of graduating NYU students working on their ventures full-time. Graduating Ignite fellows will be given priority consideration when applying for Summer Launchpad.