The NYU Tech Venture Accelerator (TVA) is a new six-month program that will give STEM-focused research teams access to $50,000 in grant funding, workshops, mentorship, and more to transform their research into scalable ventures and prepare for product development/commercialization.

Location/Dates: The program runs from February 3-July 21, 2023. Activities will be held twice a month on Fridays, with additional meetings with mentors/advisors taking place on an ad hoc schedule. The program will take place via Zoom, with additional networking and social events held at the Leslie eLab on NYU’s Washington Square Campus (for teams based in NYC).

Teams will gain access to:
• $50,000 in milestone-based grant funding from NYU’s Office of the Vice Provost for Research. Funding is to be used for purposes such as paying team members, purchasing materials/equipment, traveling to conferences and in-person NYC activities, etc, and will be distributed in tranches based on achieving key milestones
• Core business development activities including bimonthly standups, expert-led workshops, 1:1 mentorship from industry professionals, invites to in-person networking and social gatherings, + the opportunity to present their ventures in front of a live audience of senior NYU leadership, venture capital investors, and fellow faculty, at a final showcase
• $10,000 in Amazon Web Services credits, a free year of Github Enterprise for (up to) 20 members (and 50% off in the second year), and other discounts with software and service providers such as Hubspot and Notion
• Legal support to incorporate their ventures
• Office hours with attorneys, venture capitalists, SBIR/STTR grant writing consultants, and consultants with expertise on regulatory pathways and procedures
• Co-working space at the Leslie eLab (with extended hours) for the duration of the program

Who It’s For: The TVA is open to all NYU full-time/research faculty, or researcher-led teams that are interested in commercializing STEM-based research developed at NYU across the life sciences, physical/material science, data science, computer science, and engineering fields. Applicants should have technology that is ready for product development and commercialization, as well as an initial target market/customer identified and a foundational team ready to commit to the venture in the future.

This program is NOT open to student-led ventures unless they are collaborating with an NYU full-time/research faculty member (with extremely limited exceptions).

NOTE: Applicants must have completed the first two phases in the Tech Venture Program (the Tech Venture Workshop and NSF I-Corps program or equivalent) to be accepted to the Tech Venture Accelerator, with limited exception. The Accelerator represents the final phase in the three-part Tech Venture Program series.

Visit the program website for more information on the program’s prerequisites, key elements, application process, and selection criteria. Tech Venture Accelerator applications are OPEN NOW and will be due Monday, Dec. 12 at 6pm ET.

To learn more, RSVP for the info session on Friday, Dec. 2 at 2pm ET @ Zoom: Sign Up Here.

Any questions, please don’t hesitate to reach out to dee.dao@nyu.edu and rebeccasilver@nyu.edu