There is no financial cost to enter the PETE Prize competition, only the investment of your time and unwavering commitment.
Yes, the PETE Prize is open to all students across the college who satisfy the eligibility requirements.
Applicants must either be currently enrolled at FIT as a full-time or part-time student in an undergraduate (Associates/Bachelor’s) or graduate program, and be scheduled to graduate in Spring ‘24. Recent alumni, who graduated Fall ’22, Spring ’23 and Fall ’23, are eligible to apply.Spring '24 AAS graduates scheduled to begin a bachelors program in Fall '24 are ineligible to apply this year. Spring '23 AAS graduates who are currently working towards receiving their bachelors degree in Spring '25, are also ineligible to apply to the PETE Prize at this time.Eligible applications include for-profit business concept proposals which have a focus on art, business, design, mass communication and technology connected to the creative industries and which promote FIT's core values of innovation, sustainability and diversity. Start-up businesses are eligible for inclusion in applications as for-profit ventures if the company has historically generated less than $10,000 in funding and/or revenue.
Yes, recent alumni who graduated Fall ’22, Spring ’23 and Fall ’23, are eligible to apply. (AAS grads, please consult the eligibility guidelines to assess applicability to your situation.)
Yes! We want to experience your elevator pitch live. The video must be shared on an MP4 file, less than 10 MB and one (1) minute long.
You will be able to save your entries for 15 days, as long as you use the same device and browser for application updates.
As long as you meet the eligibility requirements, you are welcome to reapply to the 2024 event. (You may re-apply if you competed in the PETE Prize, too.)
At the time of application, students and alumni must be legal permanent residents or U.S. citizens. Applicants who are actively in the process of receiving work authorization, not including OPT, may be eligible to apply. For consideration, contact dtech_lab@fitnyc.edu.
Please submit your application through the PETE Prize website. Digital submissions only, no hard copies.
All submissions require that a team of 2-3 apply. A team of 2 is the minimum! Individuals (team of one) are ineligible to apply.
The format of the PETE Prize is a jury picked merit award competition.
Yes. The confirmation email lets you know that the application is successfully uploaded, not whether the application entry is accurately completed.
No. The 10 teams selected to compete in the first round will be announced on February 27, 2024.
No. Please choose one idea that you are most passionate about and believe has the greatest business viability at application time.
Final pitches are May 9, 2024, with the winning team announced shortly thereafter.
