What’s Your Big Tech Idea?

Hey DUMBO entrepreneurs, are you brewing the next great idea in tech, but need some help turning it into a business? The NYC Department of Small Business Services, in partnership with Kauffman/FastTrac and SUNY Levin, is offering a new program that encourages people with an innovative tech idea to develop the idea into a product or application.

Successful entrepreneurs will take part in a free, four-week course that provides aspiring tech entrepreneurs with the tools they need to start and develop a successful business, as well as a network of connections and services available through NYC Business Solutions Centers to help support their launch, growth and success. The course will cover issues specific to tech-based businesses, such as protecting intellectual property and securing financing, and helps entrepreneurs evaluate and refine their business concepts, including all steps necessary to launch. By the end of the course, students will have vetted their tech business idea with experienced coaches and successful entrepreneurs, developed a strong business plan and supportive network, and learned about services available to help them launch their business. FastTrac TechVenture is based on the successful NewVenture program, which has helped guide more than 1,900 aspiring entrepreneurs towards launching a business since the program began in 2009.

FastTrac TechVenture participants are accepted through a competitive application process. Eligible applicants must have: a well thought-out tech-based idea for a new business, conducted some market research, two years of work experience (preferably on a tech project or project team), technical skills, access to a computer, and commitment to attend all sessions (approximately 50 classroom hours) and complete preparatory work (approximately 15-20 hours per week).

For more information about "My Big Tech Idea", click here. The first cohort will begin April 16th. Deadline to apply is April 2nd. Recipients will be notified in April at least one week in advance. Courses will be held on Wednesdays from 9am-4pm at the SUNY Levin Institute (116 E. 55th Street New York, NY 10022).

Questions can be directed to fast.trac(at)nycbusiness-solutions(dot)com.

All entrepreneurs interested in starting or growing a small business in New York City are encouraged to take advantage of free services available through the City’s NYC Business Solutions Centers, located in all five boroughs. Services include business courses, pro-bono legal assistance, access to financing, city, state, and federal incentives, help navigating government regulations, recruiting and training staff, certifying as a minority or women-owned business, and more. Information is available at www.nyc.gov/nycbusiness or by calling 311.