The NYU Law Venture Fund is excited to announce our Spring 2022 Business Plan Competition. Any current student or recent NYU Law graduate (Classes of 2019, 2020, and 2021) with an interest in entrepreneurship is invited to participate—regardless of their experience level.
We are looking for participants to submit a one to two minute video presentation or written pitch explaining their business idea in the field of Legal Tech. Technology is redefining the field of law and we know that the integration of technology is critical to developing legal solutions and services for the modern world. Business ideas should focus on how technology can make the practice of law more efficient and effective.
In conjunction with the competition, the JD/MBA Association is hosting a Business Plan and Pitch Workshop on Thursday, February 17 at 3:20 p.m. EST designed to teach students the basics of how to create a business plan and how to pitch. Students participating in the competition are strongly encouraged to attend.
Your video or written submission should explain the problem you are solving, what your solution is and how that solution works. You don’t have to be working on a startup to enter the competition. The goal here is to identify creative solutions to timely issues we face as a society today and get some practice around pitching that idea to a panel of entrepreneurs and VCs.
The deadline to submit is Wednesday, February 23 at 11:59 p.m. EST. All participants must either be a current NYU Law student or NYU Law alumnus/a in the Class of 2019, 2020, or 2021. Both individual and team submissions are allowed. Finalists will be invited to pitch their business plan live on Zoom to the panel of judges, and the winner of each group will be awarded a $1,500 cash prize.
The following criteria will be used to judge the video submissions and live pitches:
- Submission (Clarity of pitch; Overall design)
- Concept (Relevance of pain points; Innovation & novelty)
- Impact (Practical usability; Social impact and benefit)
- Complexity (Complexity of the idea; Scalability)
$1,500 in cash will be awarded to the Grand Prize Winner of each group (students and recent alumni).
Questions? Contact us at email@example.com.