Summer Launchpad

NYU Summer Launchpad (SLP) is an immersive 9-week accelerator for teams of graduating NYU student entrepreneurs to bridge their part-time dedication to their startups while in school, with full-time commitment after graduation.

Now in its sixth year, the program was the launchpad for successful NYU startups including Brooklinen, Kinvolved, and Smart Vision Labs, and SLP alumni are collectively generating more than $60 million in revenue!

SLP offers $10,000 in non-dilutive (zero equity) grant funding, $15,000 in perks, 1:1 coaching, and more. The 2018 Summer Launchpad has some awesome upgrades in store this year, including a demo day to angel investors, friends and family.

Watch the teams from the Summer Launchpad and Stern Venture Fellows pitch their ideas after a grueling summer of progress at the NYU Startup Demo Day!

RSVP for Demo Day
  • Tell Me More

    Summer Launchpad runs all day Monday through Friday, from June 11th—August 10th, 2018. A detailed schedule for the program is forthcoming. Teams who haven’t completed the J-Term Startup Sprint will also be required to participate in the Summer Startup Sprint from May 30th-June 8th.

    PLEASE NOTE: This program is NOT for credit. However, (just like a startup) it REQUIRES a full-time commitment during the program.

    What You Can Expect

    Get ready for a 9-week accelerator to help you set and meet your customer acquisition, product development, and team milestones, and to launch your venture full-time. Here’s a preview of what’s in store:

    • Mentorship: Mentorship from experienced entrepreneurs, offering boardroom-style feedback from a dedicated advisory council of VCs and subject-matter experts.
    • Founder Unplugged: Weekly talks from preeminent NYC founders and Venture Capitalists. Talks from 2017 included Fred Wilson from Union Square Ventures; Carley Roney (Tisch), co-founder of the XO Group; Jason Finger (Stern & Law), co-founder of Seamless; and Nate Silver, founder of FiveThirtyEight.com.
    • Workshops: Led by experts across the NYU and NYC startup communities, workshops will teach relevant skills in finance and capital raising, customer acquisition, product development, business operations, and other topics selected to help you succeed in your venture.
    • Customer development: Get closer to product-market fit through customer validation by “Getting out of the Building” and talking directly to prospective users, customers, and partners.
    • Design Sprint: Learn how to run iterative experiments to build your MVPs during a Design Sprint.
    • Accelerator and Angel Investor Office Hours: Office hours with numerous later-stage accelerators, angel, and seed-stage investors throughout the program.
    • Community: You’ll work alongside and learn from a community of NYU startup founders and fellow SLP participants.
    • Yale-NYU Pitchoff: A pitch showdown where six teams from NYU and Yale present to a live audience of 200 of their closest friends, but only one will take home a ridiculously large trophy!
    • Venture Showcase: Showcase and get feedback on your venture from NYU friends and family and members of the public.
    • Demo Day: For select teams, this is an opportunity to pitch to angel investors and others.
    Benefits You’ll Receive

    Each team will receive funding and perks to put toward their venture, including:

    • Funding: $10,000 in zero-equity, non-dilutive grant funding toward your venture.
    • Cloud Computing: $10,000 in Amazon Web Services credits for participation in the program.
    • Coaching and Mentorship: One-on-one office hours with Venture Capitalists, Angel Investors, and expert mentors.
    • Legal Services: Pro-bono legal guidance from McCarter & English to help you incorporate the right way to kickstart your company.
    • Accounting Services: Pro-bono accounting services from Eisner Amper.
    • Banking Services: From Silicon Valley Bank.
    • Co-working Space: 24/7 access to the Leslie eLab for full-time program participants. Following the program participants will receive reduced-fee office space from WeWork.
    • Access to Future Programs: Select teams will be invited to participate in the Ignite Pre-Seed Fellowship, and will have opportunities to meet with later-stage accelerators and incubators to help grow their ventures after completion of Summer Launchpad.
    Who It's For

    Open to teams of graduating(graduating year 2018 or 2017) NYU undergrad and graduate student entrepreneurs from any school or college, with an early proof of concept/prototype and who has validated problem-solution fit. Ventures addressing ANY sector from ANY NYU school are welcome to apply!

    • Team: 2 or more entrepreneurs with at least 1 team member currently at NYU; Don’t have two team members? Find one at the Summer Accelerator Team Hunt on March 19th.
    • Graduation Year: Preference given to student or post-doc teams graduating in 2018 (or Fall 2017). Those graduating from NYU after 2018 are welcome to apply, but may also consider applying for the 2018 Summer Startup Sprint, a sister summer accelerator program designed for students still enrolled at NYU in 2018–2019!
    • Diverse Team: Preference will be given to well-rounded, multi-disciplinary teams (i.e. representing multiple NYU schools!), and extra consideration will be given to teams with at least one co-founder who is female or represents an underrepresented minority in tech/entrepreneurship.
    • Commitment: Committed to your startup full-time (at least 40 hours per week) and to participate in ALL program activities for the nine weeks; and committed to launching your venture full-time after the program.
    • Buy-in: Understand the requirements of the program and have an openness to customer development.
    Selection Criteria

    First things first, make sure you’re committed to your startup full-time (at least 40 hours per week) and available to participate in ALL program activities for the nine weeks. And remember, at least 1 co-founder must be an NYU student or postdoc!

    • Attended an info-session: We want to know you understand what you’re signing up for. Therefore, attendance at an info session is mandatory. Sign up here for a Summer Accelerator info session. Can’t make any info session time? Email us at entrepreneur@nyu.edu prior to submitting your application.
    • Solving a meaningful problem: Through customer discovery, you’re able to show you’ve validated that you’re solving a problem which has the potential to bring substantive and tangible value to customers and other beneficiaries, with potential to scale value/impact to a large market/beneficiary sector.
    • Problem-solution fit: You’ve validated the problem you’ve identified through customer discovery and you believe you know how you can solve it (meaning you have problem-solution fit).
    • Proof of concept/prototype: We’ll look at your proof of concept, and your plans for how you’ll take your solution to the next level to validate it with customers during Summer Launchpad (getting you to product-market fit).
    • Milestones & goals: We’ll consider the milestones you hope to achieve during and after Summer Launchpad, with consideration for how you believe the program will help you achieve your goals.
    • Demonstrated passion, coachability, and hustle! Last but not least, we want to see you’re the type of team who benefits from mentorship and coaching, and peer support (why else participate in a cohort-based accelerator?). And we want to see that you have passion and hustle for the problem you’re solving! Therefore, it will greatly increase your chances of acceptance if you’ve participated in other mentorship-intensive programs led by the NYU Entrepreneurial Institute and NYU partners, including the J-Term Startup Sprint, Ignite Fellowships, NYU Healthcare Makerthon (Venture Support), Innovention, $300k Entrepreneurs Challenge, or intensive coaching through the Blackstone LaunchPad at NYU coaching program. If this doesn't describe your team, register for a coaching appointment today!
  • Frequently Asked Questions

    Now that you read about the program, its benefits and who should apply, check out the answers to additional questions you might have.

      • Is this accelerator only for students?

    While the NYU Summer Launchpad is primarily for graduating students, teams may apply if at least one member is a current or recently graduated (2017 or 2018) student, or a current faculty, researcher, or staff member. International students are welcome and encouraged to apply, however we can’t grant separate visas for the program.

      • What types of ventures is the accelerator for?

    Summer Launchpad is intended for all types of startups which have growth potential. Whether focused on social innovation, software, medical devices, physical products, hardware, or other areas, all are welcome to apply.

      • What are the basic requirements to be considered?

    See above in "Who It's For" and "Selection Criteria" for more details.

      • When and where does it take place?

    The accelerator runs from Monday June 8, 2018 until August 8th, 2017.Teams who haven’t completed the J-Term Startup Sprint will also be required to participate in the Summer Startup Sprint from May 30th-June 8th. Most program elements will take place at the Leslie eLab. All full-time participating team members are expected to attend all program activities, which take place on Mondays through Thursdays.

      • I have a part-time internship or other opportunity lined up for summer. Can I still apply?

    Unfortunately no - no additional classes, internships, jobs or vacations during the program for all core team members. All core co-founders members must be committed to their startup full time (during and after program), and thus to pursuing their startup via NYU Summer Launchpad full-time. However teams may include some non-core founding members or advisors who have outside obligations such as faculty appointments or internships, but they are not eligible to participate in the Summer Launchpad program activities. Have questions about this? Email us at entrepreneur@nyu.edu prior to submitting your application.

      • Part of my team is located internationally. Does that disqualify my team?

    All core team members must be onsite during the Summer Launchpad program from June - August, for ALL workshops and activities. However teams may include some non-core founding members or advisors who are working remotely.

    International students who will graduate in May 2018 and would like to apply to the accelerator, please contact Office of Global Services (OGS) for more details:

    Manhattan Office Location:
    383 Lafayette Street
    (212) 998-4720

    Brooklyn Office Location
    Room 230, 5 MetroTech Center
    (646) 997-3805

      • What if I need more people to join my team?

    On March 19th we’ll be hosting a team-hunt event where you can meet the other teams, join a team, or find additional co-founders. All teams are highly encouraged to attend. RSVP to the team hunt event here.

    • Our team has two venture ideas, can we submit multiple applications?

    While you may submit as many applications as you like, if your team is selected for the program, we expect teams to be fully committed to the venture they are selected to participate with (both during and after the program).

      • What is the deadline to apply?

    The deadline to submit your application is Friday, April 6th, 2018 at 5 p.m. EST.

      • When can I expect to hear a decision about my acceptance?

    Teams will be notified within one week of the application closing date if they've been selected to interview for the program. If you're invited to interview, you'll receive final notice of your acceptance by Monday, April 23rd, 2018.

      • We've already taken some funding. Can we still apply?

    Yes.

      • Who will be reviewing my application?

    Applications will be reviewed by and interviews will be conducted by senior members of the NYU Entrepreneurial Institute team and NYU Innovation Venture Fund. Applications will not be shared with any external parties for any reason.

      • Do you give feedback on application results?

    Typically we do not give specific feedback on applications. However we’d be happy to meet with your team to give more general feedback and guidance about your startup through our mentorship/coaching program (open to those currently affiliated with NYU only). You can book a coaching appointment here: http://entrepreneur.nyu.edu/resource/blackstone-launchpad/

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