New York City is where innovative ideas come to life. This exciting annual competition - now in its fourth year - invites you to develop business plans that can be launched in New York City.
Presented by New York City Economic Development Corporation in collaboration with Columbia University, this contest can put you at the forefront of the City's latest business breakthroughs.
Disclaimer: All terms and conditions are subject to change and are at the sole discretion of NYCEDC. Please check back frequently for any changes.
KisiBox has won the fourth annual NYC Next Idea competition. KisiBox, whose team is from Germany, is developing smartphone-managed entry security systems for buildings, apartments, and other spaces, and was selected from a highly competitive and diverse pool of more than 220 applicants submitted from 40 different countries.
The largest change to this year's competition is the expansion of eligibility criteria for participants. As one main aim of the competition is attracting international talent to NYC, each team is required to have at least one non-US citizen (including non-US citizens already studying at US universities or located in the US). However, for the first time, US citizens located anywhere, including within the US, are welcome to take part by partnering with non-US citizen participants. All teams will be considered in one pool of applicants. A more systematic breakdown of the eligibility rules can be found below:
Employees of The City of New York, NYCEDC, or CTICE and the competition judges, or any of its respective affiliates, subsidiaries, and their immediate family (spouse, parents and step-parents, siblings and step-siblings, and children and step-children) and household members (people who share the same residence at least three (3) months out of the year) of each such employee are not eligible.
If you have any additional questions about eligibility for the competition, feel free to check the "Rules and Requirements" section below and/or email email@example.com.
The competition consists of three rounds for each track:
The judging panels, comprised primarily of New York City-based venture capitalists and angel investors, will make their decisions based on which business ventures they believe to be most NYC-centric and which they would likely fund.
Please review the drafts of the Rules & Requirements and Additional Terms for the Competition below, or in the Documents portion of the website's sidebar. In order to be eligible to take part in the Competition, all participants must conform to eligibility and submission requirements. The Rules & Requirements and Additional Terms may be subject to change.
View the finalists and winning teams from the 2010 and 2011 NYC Next Idea Competitions.