GENIUS NY is the world's largest business accelerator competition for uncrewed systems, IoT and robotics startups. Five winners are selected for the GENIUS NY accelerator each year. Winners receive a large investment; one grand prize winner receives $1 million, followed by four $500,000 investments to the remaining teams. ​Winners also receive funding in the form of a monthly stipend in Phase I, free office space and amenities, workshops and events, business training, a dedicated group of executive advisors, industry mentors, and recruiting, marketing, and fundraising support.