The Institute of

Innovation & Entrepreneurship

The Center for Entrepreneurship is now the Institute of Innovation and Entrepreneurship

The mission of the Institute of Innovation and Entrepreneurship is to foster and nurture a community of innovation and entrepreneurialism that encourages superior learning, teaching, and impactful research, and supports the development of business ventures. 

The mission of the Scott Skodnek Business Development Center is to help businesses on Long Island and in the metropolitan area succeed in their business enterprises. The BDC offers resources for business support and education through programs open to members of the community.


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The Institute of Innovation and Entrepreneurship is now accepting applications from all Hofstra University faculty members for Innovation Research Fellows and Innovation Teaching Fellows with $50,000 in total funding for the 21-22 academic year.

Apply for the 21-22 Academic Year Now:

Find out more information about the grants, including application questions and criteria.

Innovation Research Fellows – Fellows will receive grants that will advance research work at Hofstra University that has commercial or societal potential.

Innovation Teaching Fellows – Fellows will receive grants that will allow faculty to develop new pedagogical models for teaching innovation at Hofstra University.

Grant Guidelines

Please note that you must log in to the applications utilizing your Hofstra Google account. If you have any issues accessing the forms please contact

Anticipated Timeline:

  • Grant applications due by October 31, 2021
  • Evaluation Period: October 30, 2021 – November 30, 2021
  • Funding Announcements: December 2021



A NYS Certified Business Incubator that connects companies to student interns, mentorship, provides professional service reimbursement, and is part of the Long Island Innovation Hot Spot.

Healthcare Entrepreneurship Community Challenge

Support entrepreneurs developing products and services that advances health equity

Ascend Long Island

Provides vital resources to diverse businesses in the areas of procurement, access to capital, and access markets. Primarily supported by JPMorgan Chase, also sponsored by the PSEGLI Foundation and Long Island Community Foundation.

Venture Challenge

Hofstra-Digital Remedy Venture Challenge

An annual entrepreneurship competition for Hofstra students with total prizes valued at $75,000.

Hofstra Veterans Venture Challenge

Hofstra Veterans Venture Challenge

A Business accelerator for veterans, military spouses, and Gold Star Families around the U.S. with over $100,000 in prizes.

Entrepreneurship Assistance Center

A 60-hour training program for businesses starting up or expanding.

MWBE Technical Assistance

The EAC provides hands-on technical assistance with the New York State MWBE Certification application process.

Unispan Records

Offers students real-life experience recording, producing, promoting and distributing music.

Mentor Network

Are you looking for strategic guidance and advice from experts in entrepreneurship and business? Contact the ideaHUb to set up a mentor session.

About the Center

Meet the team behind the Institute of Innovation and Entrepreneurship at Hofstra University, as well as our Advisory Board and Next-Gen Advisory Board.

More About the Center

Want to learn more about Hofstra University’s entrepreneurship-focused educational programs, extracurricular programs, and services for small businesses across the University? Find out more at Entrepreneurship Across Hofstra


Want to speak to an experienced entrepreneur, investor, or corporate executive about how to get your business idea off the ground? Find out how.



Contact the Center


Sharon Goldsmith, Vice Dean

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