The Fund seeks early stage businesses with inventions, discoveries, products or services that were developed in whole or in part at NYU, that have achieved proof of concept (or a prototype) and are ready for commercial product development, rather than those requiring further basic research. The NYU Entrepreneurial Institute, offers programs and resources to support NYU students, faculty and researchers in their search for a scaleable and repeatable business model. Once such a business model is identified and validated, we can help NYU startups secure financial backing from both the Fund and other angel and venture capital investors to launch an independent commercial venture.
This may involve direction interaction with the Fund's investment professionals, as well as with other entrepreneurs and mentors:
Starting in 2011, the NYU Innovation Venture Fund began making early-stage investments in startup companies commercializing NYU-developed research and technologies that hold significant commercial growth potential.
Though a complete business plan and team is not required for consideration, the technology underpinning the venture should be at a stage where it can demonstrate that it can solve a measurable customer problem in a large and growing market. The founders should be the nucleus around which can form a strong, entrepreneurial team able to execute a financially attractive business plan. Like most other venture capitalists, the Fund seeks to achieve a liquidity event/exit/sale within 3-7 years from the time of the initial investment.
Don’t worry if you don’t know if you meet all the criteria laid out above–we expect you may only have preliminary, or incomplete views on many of these issues at this point. We may be able to help you will identify resources to more fully assess the merits of your opportunity.
To get started, complete the venture profile form. »