The Mentorship Program introduces NYU alumni, entrepreneurs, domain experts, and investors to startups from the School of Engineering Incubators. The three Incubators—Varick, NYC ACRE, and DUMBO—are home to more than 60 startups, many founded by students, faculty, and alumni.
The mentees are startup companies from the School of Engineering Incubators. These companies are working on building technology products that solve specific problems in many industries, including mobile applications, wireless telecommunication, digital media, enterprise software, energy monitoring, cleantech, and healthcare IT applications. Companies are one to ten people in size and range in funding from pre-seed to venture-backed.
Mentors may be NYU alumni, entrepreneurs, domain experts, or investors who have a desire to share their experience, knowledge, and network in specific industries, technologies, and markets. In the past, mentors have provided guidance in diverse areas including management, technology and product development, business development, strategy, marketing and branding. The ideal mentor collaborates well with small teams and can offer the company guidance on process in addition to industry knowledge.
The mentorship experience is an opportunity to strengthen the startup ecosystem within NYU by increasing collaboration and building relationships. In addition to helping NYU, mentorship grows the New York City economy by helping startups become successful businesses.
Becoming a mentor gives you the opportunity to interact with over 60 startup teams of talented founders, serial entrepreneurs, designers and developers working on a diverse range of products and technologies. Additionally, mentors interact with external entrepreneurs, consultants, angel investors and venture capital firms through events held our Incubators.
Our Incubator companies are building new products and technologies to solve problems for new and old industries. By joining the program, mentors get a firsthand look at some of the newest technologies coming out of the New York startup ecosystem.
The program is structured around the needs of each company with interaction scheduled and breadth tailored to the particular needs outlined by the startups and the schedule of the mentor. The incubator will facilitate the mentor-company relationship, but the relationship and goals are driven by the startup.