NJIT Lean Startup Summer Accelerator

Official NJIT / NJIAC description of the Lean Startup Summer Accelerator. Documents the summer cohort for NBMC finalists and selected teams, customer-discovery training, and Innovation Acceleration Fellowships of about $3K. The page describes the program as about $25,000 of no-cost training per team.

• Summer accelerator follows the New Business Model Competition finals
• Open to NBMC finalists and other selected teams
• Focuses on customer discovery and Lean Startup methodology
• Innovation Acceleration Fellowships of about $3K during the summer
• Structured programming with NJIAC and the Martin Tuchman School of Management
• Operational for the 2024-2025 cycle
• Prepares teams for the NJIT Venture Fund, the angel network, and external capital

Fellowship amounts and the stated program value are taken from the captured official page and can change by year.