Venture Fund

Summer 2020 Business Plan Competition

Venture Fund Business Plan Competition

The NYU Law Venture Fund is excited to launch our first business plan competition this summer. We are looking for participants to submit a 1 to 2 minute video explaining their business idea that addresses a challenge specific to one of the three pertinent themes below:

  • Future of Work: Given all that has happened over the past few months, the future of work is critical as cities and countries begin to reopen. This theme focuses on the ways that artificial intelligence (AI), automation of work and jobs, independent work, and the gig economy can inform a reimagined workforce in a post-pandemic world.

  • Healthcare: Healthcare has been front and center over the past few months. The frontline workers have been heroic and the new normal will look different. This theme focuses on solutions for healthcare professionals and the continued transition to virtual health platforms.

  • Justice Tech: This theme focuses on how technology can be used effectively to help assist in solving racial and criminal justice problems in society. 

Submission Form

Your 1 to 2 minute video submission should explain the problem you are solving, which of the three themes you chose to address (you may select only one), what your solution is and how that solution works.

The deadline to submit is Friday, July 24 at 11:59 p.m. Eastern Time. All participants must be a rising 2L or 3L NYU Law student or a 2020 JD or LLM graduate of NYU Law. Both individual and team submissions are allowed. Finalists will be invited to pitch their business concept live on Zoom to the panel of judges, and the winners will be awarded cash prizes.

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)

$1,000 in cash will be awarded to the Grand Prize Winner. $500 in cash will also be awarded to the First Place Winner of each theme.

 

Questions? Contact us at law.venturefund@nyu.edu.