Startup Sprint (Faculty Edition)

The Faculty Startup Sprint is a 5.5-day intensive program where faculty entrepreneurs and their PhD/postdoc teams test the commercial potential of their research with customers and partners. Participating teams receive grant funding, mentorship, workshops on selecting the right market, IP and fundraising, and more.

The Faculty Sprint introduces methodology adopted by the NSF, NIH, DOD, DOE and other federal agencies. Participating teams will be well poised for a strong SBIR/STTR grant application in the future. Learn more about what its like to participate in the Faculty Startup Sprint on our blog.

The next Faculty Sprint will take place in August 2019.

If you'd like to learn more, please email entrepreneur@nyu.edu

  • Tell Me More - Startup Sprint for Faculty

    The 2019 Faculty Startup Sprint will be held on August 2nd, and from August 26th-30th, 2019  (all day each day of the program).

    PLEASE NOTE: This program requires a full-time commitment during the program (40 hours per week).

    What You Can Expect
    Get ready for a week long startup sprint, to test the commercial potential of your technology. Teams can expect to start off running with:

    • Workshops: Experts in IP, Funding and other domains from across the NYU and NYC startup communities
    • Founder talks: Learn from Faculty Entrepreneurs who have been in your shoes
    • Customers: Find a compelling market opportunity for your technology by “Getting out of the Building” and talking directly to prospective users, customers and partners
    • Connections: Opportunity to meet VCs, grant providers and more
    • Experimentation: Learn how to run experiments to build your prototypes
    • Community: You’ll work alongside and learn from a community of fellow Faculty, PhD and Postdoc NYU startup founders
    Who It's For
    Open to teams of NYU faculty, working alongside their PhDs and postdocs from any NYU school or college, with an idea, invention or prototype of their product or service.

    • Team: Ideally 2 or more participants, one of which must be an NYU Faculty, PhD and Postdoc
    • Commitment: Committed to your startup full-time (at least 40 hours per week) for the duration of the program and a passion for the problem you hope to solve (with a plan for how you’ll hope to continue after the program)
    • Buy-In: Understand the requirements of the program and have an openness to customer discovery
    • A lot of passion, hard work and drive!
    Selection Criteria
    First things first, we’ll make sure at least 1 teammate must be a current NYU Faculty, PhD or Post-doc, working to commercialize technology developed at NYU or elsewhere. From there, we will consider your idea or early prototype and how you believe your time in the Startup Sprint will launch your venture into the next phase of product and business development. A few additional criteria will determine the final selection:

    • Attended an info-session: We want to know you understand what you’re signing up for. Therefore, attendance of an info session is mandatory. See below to sign up for an info session. Can’t make any info session time? Email us at entrepreneur@nyu.edu prior to submitting your application
    • Diversity: Some preference given to teams with at least 1 female or minority co-founder
    • STEM: Preference given to teams with STEM-centered solutions (science, technology, engineering, and math)
    • Coaching: Preference given to teams who have received coaching from a NYU Blackstone LaunchPad coach; Sign up for a coaching appointment here with Andy, Dee or Sergei.
    Benefits You'll Receive
    Each team will receive funding and perks to put toward their venture, including:*

    • Funding: $350 at the start of the program (reimbursable expenses), and eligibility for $1,500 after competing the 1 week program in future funding for the top-performing teams who complete the program
    • Perks: $5,000 in Amazon Web Services Credits, advice on legal issues, and more
    • $100,000 NYU Technology Venture Competition 2019-20: The top two-three teams from the program will be guaranteed an invitation to advance to the quarter finals for the$100,000 NYU Technology Venture Competition, where they will compete for $100K in non-dilutive grant funding.
    • Food: Breakfast and/or lunch each day of the program is included
    • Co-working space: 24/7 co-working space during the entirety of the program at the Leslie eLab.
    2018 Faculty Startup Sprint Teams

    Learn about the teams who participated in the 2018 Faculty Startup Sprint on our blog.

  • Sponsors and Partners