Since its founding in 2015, Hofstra’s Institute of Innovation and Entrepreneurship has hosted over 450 events, facilitated more than 2,350 mentor sessions, and entrepreneurs affiliated with the Institute have received over $950,000 in prizes to jumpstart their businesses. The Institute’s headquarters is the ideaHUb incubator, a collaborative workspace that offers companies networking opportunities as well as prototype development at the Maker Space. The Institute’s core programs include the Hofstra-Digital Remedy Venture Challenge and Unispan Records. Through these initiatives, entrepreneurs participate in bootcamps, workshops, and mentor sessions, all facilitated by seasoned entrepreneurs. Named the Global Consortium of Entrepreneurship Centers’ “2017 Outstanding Emerging Entrepreneurship Center,” the Institute provides focused assistance to entrepreneurs.
The Scott Skodnek Business Development Center (BDC) assists small business entrepreneurs on Long Island and in the metropolitan area to succeed in starting or expanding a business. The BDC, a designated New York State Entrepreneurial Assistance Center, offers support to these entrepreneurs through EAC, digital marketing workshops, financial management using QuickBooks and providing assistance with the Minority/Women Owned Business Enterprise (M/WBE) Certification application process. The BDC has supported more than 1,407 entrepreneurs since 1991 and received the Outstanding Performance Award from Empire State Development Corp. in 2009, 2013, 2019 and 2020.
Institute of Innovation and Entrepreneurship Team
The Institute of Innovation and Entrepreneurship has tapped a group of experienced business and economic leaders to serve as members of its Advisory Board. Members provide financial support, student mentoring and guidance on program development. To contact an Advisory Board member please contact Sharon.N.Goldsmith@Hofstra.edu.
NextGen Advisory Board
The Institute of Innovation and Entrepreneurship formed the NextGen Advisory Board of recent Hofstra alumni who have started companies, participated in business plan competitions, and have started their careers in the field of entrepreneurship. The NextGen Advisory Board members mentor students, participate in our programming, and connect students to entrepreneurship opportunities in the NY metro area. To contact a NextGen Advisory Board member please contact Sharon.N.Goldsmith@Hofstra.edu.