The NYU Global InnoVention Competition is a two-round global prototyping competition challenging NYU students enrolled at NYU in New York, Abu Dhabi, and Shanghai to build a startup team, prototype products, and pitch commercially viable solutions for pressing societal problems. The competition will consist of two rounds — a local competition and global accelerator and pitch event.
For the local competitions, teams will compete in one of three parallel prototyping challenges operating out of the NYU Tandon School of Engineering, NYU Abu Dhabi, and NYU Shanghai campuses. Each campus will host a series of events and programs to encourage students to pursue solutions to pressing real-world problems, to be followed by several weeks of intense programming and prototyping supported by each campus’ resources. Each campus will host a local event to select the winners of local competition and to award prize money and the opportunity to participate in the Global InnoVention Competition.
The Abu Dhabi program will be incubating 6 NYUAD teams for an intensive period of 8 weeks where participants are expected to be learning through online workshops, coaching sessions and mentorship. The aim is to provide them with the skillset and adequate knowledge to overcome challenges often faced by early-stage startups, including developing ideas into scalable and repeatable businesses. As well as, have a solid prototype to pitch in front of a jury of experts on April 8, 2021. Two teams only will be selected for the Global InnoVention competition taking place on the 28th of April 2021.
The Global InnoVention Competition starts as soon as the local winners are announced. In the three weeks leading up to the demo day, teams will go through a hyper accelerator during which time they will be immersed with additional resources, mentorship, guidance, and expertise in an effort to prepare all the team to present their final pitches. A multidisciplinary panel of judges representing all three ecosystems will award one team with the distinguished prize of the Global InnoVention Winner. The winner of this global competition will be awarded $25,000 USD in cash to help commercialize their venture.
February 1, 2021
6 teams will be announced.
February 4, 2021
February 10, 2021
April 7, 2021
April 8, 2021
2 teams will be selected for the Global Competition. First place and second place will receive $3000 and $2000 respectively.
April 28, 2021
One winner will receive a $25 000 prize.