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NJIT New Business Model Competition
NJIT NJIAC
Observed 2026-06-23
Documenting New Jersey Institute of Technology
Original article
NJIT NJIAC
NJIT New Business Model Competition
NBMC official page and Lean Startup Summer Accelerator page. Documents 2025 cycle (17th year), $3K Innovation Acceleration Fellowships, eligibility, NAVC judging framework, and pathway to Hult Prize Nationals and Summer Accelerator ($25K value).
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NJIT New Business Model Competition
Source Summary
NBMC official page and Lean Startup Summer Accelerator page. Documents 2025 cycle (17th year), $3K Innovation Acceleration Fellowships, eligibility, NAVC judging framework, and pathway to Hult Prize Nationals and Summer Accelerator ($25K value).
Claims Supported
- NBMC is annual fall pitch competition (17th year in 2025)
- $3K Innovation Acceleration Fellowships for winners
- Open to Northern NJ students and community members
- Pre-competition Lean Startup Jumpstart training
- Winners enter Lean Startup Summer Accelerator (~$25K value)
- ~4 finalists per track, multi-track format
- NJIT teams compete for Hult Prize Nationals
Evidence Limits
Prize amounts change annually; page notes "details to be announced" for specific year.