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2017-18 Hofstra Digital Remedy Venture Challenge Series

Hofstra-Digital Remedy Venture Challenge

2018 Hofstra-Digital Remedy Venture Challenge Finalists

The Hofstra-Digital Remedy Venture Challenge Series is an annual entrepreneurship competition administered by the Hofstra University Center for Entrepreneurship with total prizes valued at $75,000, made possible through the donation of a Hofstra Board Trustee and CEO of Digital Remedy, Mike Seiman. The competition (formerly the Hofstra-CPXi Venture Tech Challenge), is in its sixth year at Hofstra University. The competition challenges students with business ideas to engage in business model generation and provides students with mentorship through a bootcamp program, individual mentoring sessions and pitch preparation with the Center’s Entrepreneurs-in-Residence. The goal of the venture challenge is to inspire students to launch their own startup businesses by leading them through the business model canvas and customer discovery process and teaching them effective communication skills.

Applications are due February 9, 2018 by 11:59 p.m. For more information, contact Stacey Sikes, Senior Assistant Dean at Stacey.sikes[at]hofstra.edu, or Sharon Goldsmith, Director of Operations at Sharon.n.Goldsmith[at]Hofstra.edu.

First Place

Total Package $42,000

  • $12,000 in prize money
  • $30,000 - total value of summer incubator space at Digital Remedy offices in Manhattan and digital marketing package.

Second Place

Total Package $21,000

  • $6,000 in prize money
  • $15,000 - total value of summer incubator space at Digital Remedy offices in Manhattan and digital marketing package.

Third Place

Total Package $8,000

  • $3,000 in prize money
  • $5,000 - total value of summer incubator space at Digital Remedy offices in Manhattan and digital marketing package.

People’s Choice

$500

Winners

Mike Seiman

Mike Seiman

Mike Seiman is the CEO & Chairman of Digital Remedy, a digital media solutions company leading the tech enabled marketing space, he co-founded as an undergraduate college student at Hofstra University in the early 2000s. The company has grown quickly and is now a major player within the crowded digital advertising landscape.

Read Mike Seiman's Bio

Mike Seiman

Mike Seiman is the CEO & Chairman of Digital Remedy, a digital media solutions company leading the tech enabled marketing space, he co-founded as an undergraduate college student at Hofstra University in the early 2000s. The company has grown quickly and is now a major player within the crowded digital advertising landscape. The rapid growth of Digital Remedy, formerly CPXi, led to its inclusion on Inc. Magazine’s list of fastest growing privately held advertising/marketing companies in 2008, 2009, 2010, 2014, and 2015. Mike was selected as a semi-finalist in Ernst & Young’s ‘Entrepreneur of the Year’ initiative in 2010 and 2013, and as a finalist in 2009 and 2014. He was recognized by the American Marketing Association, receiving their prestigious '4 Under 40' award in 2015 and received the SmartCEO Future 50 award in both 2015 and 2017. In his free time, Mike serves on the Board of Trustees of his alma mater, Hofstra University. He also focuses on numerous philanthropic initiatives including sitting on the boards of the H.E.S. (Hebrew Educational Society non-profit community center) and continues his long-time support of Children International, where he spearheaded the development of community centers in both Guayaquil, Ecuador in 2010 and Barranquilla, Colombia in 2014. A fan of the arts, Mike has produced a feature length film distributed by Lionsgate.

Venture Challenge Schedule

The schedule for this year’s competition is as follows:

DateDay of WeekTimeLocationEvent
October 25, 2017 Wednesday 7 p.m. to 9 p.m. ideaHUb, 246 Axinn Library Hofstra-Digital Remedy Lion’s Den
November 15, 2017 Wednesday Common Hour
(11:15 a.m. –12:40 p.m.)
ideaHUb, 246 Axinn Library Applications Open;
Information Session/Business
Model Canvas Workshop
February 9, 2018 Friday 11:59 P.M. hofstra.edu/digitalremedy Applications due
February 16, 2018 Friday All day ideaHUb, 246 Axinn Library Bootcamp
March 28, 2018 Wednesday Starting at 12 p.m. ideaHUb, 246 Axinn Library Hofstra-Digital Remedy
Venture Challenge Semi-Final Round
April 12, 2018 Wednesday 5:30 p.m. – 8:30 p.m. Bridgeworks Long Beach Long Island Business Plan Competition
April 20, 2018 Friday 9:30 a.m. – 12:30 p.m. Lawrence Herbert School of Communication Studio A Hofstra-Digital Remedy Venture Challenge - Final Round
April 27, 2018 Friday All day Albany NYS Business Plan
Competition – Final Round

CPXi Venture Challenge