The Hofstra-Digital Remedy Venture Challenge is an annual entrepreneurship competition for Hofstra students administered by the Hofstra University Institute of Innovation and 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 is in its tenth year at Hofstra University.
We are looking for business ideas that demonstrate scalability, the identification of a unique problem, and has a qualified team in place to execute the idea. The Challenge offers a great experience and is a resume builder for any career path.
A short registration form is due March 1, 2022 and all who register can participate in the Hofstra-Digital Remedy Bootcamp, mentor sessions, and the semi-final round.
Contact Sharon Goldsmith, Acting Executive Dean, with questions: firstname.lastname@example.org.
New for 2021-2022
Expanded Eligibility: In addition to current undergraduate and graduate students, alumni who graduated in Dec ’20, May ’21, and Aug ‘21, and students that have been accepted to attend Hofstra University for a future semester are also eligible.
Congratulations to the 2021
Hofstra-Digital Remedy Venture Challenge Winners
First Place – FanDove
(Music Business ’24)
FanDove is a social media platform that hosts one-on-one video meet & greets for musicians in order to help with fan engagement as well as increase their revenue.
Second Place – Customary
Kyle Bhiro, Kerem Proulx
(Finance ’21, Finance ’21)
Customary.com is a web marketplace for small business screen printing shops to obtain more exposure and for consumers to get better rates.
Third Place – ONTON
Zarina Brune, Joseph Mootz
(MD-PhD '25, MD '21)
ONTON designs accessories which allow you to multitask while working out on your home exercise equipment.
COVID-19 Innovation Prize, First Place – Eleanor Belvin
FanDove is a social media platform that hosts one-on-one video meet & greet for musicians in order to help them recover from the absence of touring during the pandemic.
COVID-19 Innovation Prize, Second Place – Sheykha Gada
Velvid-19 is a unique reusable and washable mask that provides the user with an opportunity to express their profession, mood or personality. It includes two panels of velcro that can seamlessly be styled with customized patches.
COVID-19 Innovation Prize, Third Place - Roche de Guzman
We are developing a quick and inexpensive blood test for the detection of neutralizing antibodies or defense proteins that render the COVID-19 coronavirus non-infectious. Once proven in the lab, this unique technology has the potential to be scaled and commercialized in a short time frame.
Mike Seiman is the CEO and chairman of Digital Remedy, a digital media solutions company leading the tech-enabled marketing space, which 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.