Friday, April 28, 2023
The Hofstra-Digital Remedy Venture Challenge is an annual entrepreneurship competition for Hofstra students administered by the Hofstra University Institute of Innovation and Entrepreneurship with total prizes valued at $$76,500, made possible through the donation of a Hofstra Board Trustee and CEO of Digital Remedy, Mike Seiman. The competition is in its eleventh year at Hofstra University.
We are looking for business ideas that demonstrate scalability, the identification of a unique problem, and has a qualified team in place to execute the idea. The Challenge offers a great experience and is a resume builder for any career path.
Contact Sharon Goldsmith with questions: sharon.n.goldsmith@hofstra.edu.
April 28, 11:15 am – 1:00 pm
Location: ideaHUb (103 Guthart Hall)
Finalists
1K Industries–
1k Industries aims to make personalized wheelchair accessories that help bling out people’s wheelchairs. We design a product all wheelchair users can personalize to fit their chair and personality. We then create a unique software that makes the personalized product from user inputs. This design is then uploaded to a 3D printer for creation.
Founder: Peyton Tansey, Computer Science, ‘23
BoJo –
BoJo is a platform for high-school students and high-school counselors. On our platform students create profiles where they answer questions about their college preferences and their academic results. Based on that information students are matched with universities. The counselors get access to the profiles and matches of their students. With that information in hand, they can better guide their journey of finding a college.
Founders: Jonathan Mahrt Guyou, Computer Science, ‘23 & Bo Cautaerts, Accounting, ‘24
Bubble Green –
Bubble Green addresses the problem of environmental harm and plastic waste in delivery packaging by turning an invasive plant species, water hyacinth, into sustainable zero-waste packaging filler, offering businesses an eco-friendly alternative to plastic bubble wrap. This approach can have a positive social impact by helping to protect the environment and natural resources for future generations while promoting sustainable business practices.
Founders: Benjarat Tirasirichai, MS Marketing, ‘23, Chris Zhang, MBA, ‘23
CMS Biotechnologies –
CMS Biotechnologies is developing a novel technology to purify pharmaceutical compounds that can reduce adverse side effects from medications.
Founder: Arielle Gabalski, Zucker School of Medicine PhD, ‘24
COTA-
COTA’s music-based program is for individuals on the autism spectrum who struggle with social, communication, and behavioral challenges. The program is intended to encourage communicative behavior and interaction through leveraging music as an intervention source.
Founder: Michael Ford, Entrepreneurship, ‘23
Cozy Clip-
The Cozy Clip is an innovative hair accessory that combines comfort and style into one unique design. Our reformed claw clip is designed to lay flat and bend when leaned against, eliminating discomfort, and providing a more comfortable experience for the user.
Founder: Elena DiStefano, Public Relations, ‘23
LacunaFocus –
LacunaFocus is a Gmail optimization app designed to enhance email management for staff, faculty, and students offering a unique intelligent sorting system, summarization, and the ability to optimize emails. We offer a unique product tailored to university needs, cheaper prices, seamless integration, and game-changing features through the application of AI.
Founders: Yulia Erdyv, Computer Science, ‘25, Mykola Izbor, Computer Science, ‘23
Love Overdose-
Love Overdose is a pre-revenue e-commerce fashion brand that delivers luxury womenswear to the modern-day girl. We provide quality clothing, inclusive sizing, and creative designs with feminine silhouettes to women of color in the luxury market, an underserved demographic. We celebrate women and promote radical self-confidence through our branding and messaging.
Founders: Tiye Bradley, Accepted Student, Dance ‘25
Our Bloom –
OurBloom is a company devoted to providing accessible education on women’s health, guides to living intuitively with your menstrual cycle, and natural solutions to menstrual symptoms. We place a heavy emphasis on researching the needs of Women of Color, who have been underrepresented in the medical field.
Founders: Priya Singh, Finance, ‘23, Aydan Smith, International Business, ‘25, Anjalee Laikhram, Computer Science, ‘22
SoCircle
SoCircle recognizes hospitalized, bed-ridden, and recently discharged patients are often deprived of meaningful social connections and depression rates are rampant in this group. We aspire to provide a platform that streamlines social connection, private support groups, friendly AI-based chat therapy, personalized journaling, and a safe and private community for these patients to minimize the likelihood of them developing depression and to optimize their mental health to aid their recovery.
Founder: Bongseok Jung, Medicine, ‘25
Photo: Matteo Bracco