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 $75,500, made possible through the donation of a Hofstra Board Trustee and CEO of Digital Remedy, Mike Seiman. The competition is in its twelfth 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.
Update: The competition will consist of two rounds.
Round 1: Submit an online application and 1–2-minute video to firstname.lastname@example.org describing your business idea. A panel of judges will select the participants that will advance to the final round.
Round 2: Finalists will submit an executive summary by 11:59pm on Friday, April 5, 2024 and give a 5-minute pitch presentation to a panel of judges during the pitch competition on Friday, April 12, 2024. The judges will select the first, second and third place winners.
Contact April Jones with questions: email@example.com.
April 12, 2024, 11:15 am – 1:00 pm
Location: ideaHUb (103 Guthart Hall)
Congratulations to the 2022
Hofstra-Digital Remedy Venture Challenge Winners
From left to right: 3rd Place Winners: Bereket Watts and Jule Able, 1st Place Winner: Nolan Quon, 2nd Place Winner: Rohun Gupta
PANCO - (Nolan Quon, Mechanical Engineering, 2022)
PANCO is here to evolve the commercial Asian kitchen, making it safer, easier, and more efficient by creating an automatic wok tossing machine that can be retrofitted into any wok range.
Sightful- (Rohun Gupta, Medicine, 2023)
Sightful is a biotech company bridging the newest research in anti-aging to eye diseases, specifically age-related macular degeneration.
Green & Smart Property Developments - (Bereket Watts and Jule Abel, Sustainability Studies, 2022)
Green & Smart Property Developments solves the Long Island housing crisis and climate change vulnerability by introducing container-based modular architecture into the housing market. We will offer a better and more affordable alternative because containers are more sustainable in regard to green modifications and recyclability.
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.