New York AI Startup Competition Offers $5,000 and VC Backing for Innovators

New York City is launching a major pitch competition for AI founders. The HuCapital Innovation Week event will award a $5,000 cash prize. The application deadline is October 3, 2025.

This event targets early-stage entrepreneurs with functional products. It aims to spotlight the next wave of AI-powered innovation. The competition is a central part of a week-long series of industry events.

Competition Details and Judging Format

The pitch event will combine live judging with audience participation. Founders will present their startups to a panel of experts. The format is described as a mix of Shark Tank and American Idol.

Judges will provide direct feedback and critiques after each presentation. The live audience will also vote to help select the ultimate winner. This creates a dynamic and high-stakes environment for participants.

The grand prize includes more than just the cash award. Winners receive a consultation with venture capital firm Visible Hands. They also earn a spot on the prestigious SEEN 50 list of overlooked founders.

Eligibility and Application Process for AI Founders

Applicants must be founders or co-founders of a U.S.-based startup. The core product must be powered by artificial intelligence. Eligible industries include media, finance, healthcare, and consumer technology.

All applicants must have a minimum viable product (MVP) already developed. They must also operate through a registered business entity like an LLC or C-Corp. According to Reuters, these requirements ensure participants are beyond the concept stage.

The application window closes on October 3rd at 11:59 PM EST. Selected finalists will be notified by October 9th. The award money must be used for business growth initiatives like development or marketing.

This AI startup competition represents a significant opportunity for emerging tech talent. It provides crucial funding and expert mentorship for promising ventures. The event underscores New York’s growing status as a major hub for artificial intelligence innovation.

Info at your fingertips

Who can apply for the HuCapital pitch competition?

Founders of U.S.-based AI startups with a functional MVP can apply. The business must be a registered legal entity like an LLC or corporation.

What is the prize for winning the competition?

The winner receives $5,000 in cash and a consultation with Visible Hands VC. They also get listed on the SEEN 50, honoring transformational founders in NYC.

When is the application deadline?

All applications must be submitted by October 3, 2025. Finalists will be announced no later than October 9, 2025.

How does the live judging work?

Judges will provide live feedback on each pitch in a Shark Tank-style format. The live audience will also vote to help determine the winner.

Which industries are eligible for the competition?

The event is open to multiple sectors transformed by AI. This includes finance, media, healthcare, beauty, and consumer technology.

Trusted Sources: Reuters