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2016-17 Hofstra Digital Remedy Venture Challenge Series

Hofstra-Digital Remedy Venture Challenge

Find out about last year’s competition and winners

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 fifth 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 company that he co-founded while still a college student at Hofstra University in the early 2000's. The company has grown quickly and is now a major player within the crowded online advertising landscape, serving billions of ad impressions in more than 65 countries every day.

Read Mike Seiman's Bio

Mike Seiman

Mike Seiman is the CEO & Chairman of Digital Remedy, a digital media company that he co-founded while still a college student at Hofstra University in the early 2000's. The company has grown quickly and is now a major player within the crowded online advertising landscape, serving billions of ad impressions in more than 65 countries every day.

Digital Remedy has been named a five-time honoree of Inc. Magazine’s list of fastest growing privately held advertising/marketing companies. Mike was selected as a semi-finalist in Ernst & Young's Entrepreneur of the Year initiative in 2009, 2010, 2013 and was named to the American Marketing Association’s 4 Under 40, a list of individuals who have made significant contributions to the field of marketing in 2015.

In his free time, Mike currently 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 Children International, where he spearheaded the development of community centers in Guayaquil, Ecuador and Barranquilla, Columbia.

Venture Challenge Schedule

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

DateDay of WeekTimeLocationEvent
October 25, 2017 Wednesday 7:00 p.m. to 9:00 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 and NYS Business Competition
Hofstra Quarterfinal Round
March 7, 2018 Wednesday All day Farmingdale State College NYS Business Plan
Competition – Long Island
Semifinal Round
March 28, 2018 Wednesday Half day ideaHUb, 246 Axinn Library Hofstra-Digital Remedy
Venture Challenge - Semifinal
Round
April 20, 2018 Friday Half day 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