Business Plan Competition - 2011

The College of Nanoscale Science & Engineering (CNSE) at the University at Albany, UAlbany's School of Business, the Lally School of Management and Technology at Rensselaer, and Union Graduate College School of Management hosted a state-wide business plan competition.  Supporting organizations include Stony Brook University, Polytechnic Institute of New York University, University of Buffalo, Syracuse University, Rochester Institute of Technology, and the University of Rochester.

The event was held April 28, 2011, at the College of Nanoscale Science & Engineering's facilities in Albany, NY.  For the first time, the competition was open to colleges across New York State.  For a printable overview of the competition, please click on the "competition flyer" link directly below.   

   Download the competition flyer (PDF 633 KB)

The State Employees Federal Credit Union (SEFCU) was the Title Sponsor of the New York State Business Plan Competition.  We would like to thank SEFCU for their support of this very important event!

View photos from the event.

Watch this event on the New Energy New York YouTube Channel!  The first video of the grand prize presentations, one of several from this event, can be viewed below.

The video of the award ceremony from the NYS Business Plan Competition can be viewed below:

Details of the Competition
Current students from accredited colleges submitted business plans around a student-born innovation that is designed for a currently unmet need.  The top applications will be selected by a panel of outside judges to present in the final round. 

Teams must have at least two members, with a maximum of six members (excluding the advisor).  Students from different academic areas are encouraged to work together to create the strongest team possible.  One faculty member is required to be listed as an advisor for the team; offering guidance, support, and technical expertise. 

The competition encourages students to fully engage in their research and allows them to gain valuable experience through presenting their business plan to industry executives and investors.  

This year, the competition is pleased to announce their expansion from a single topical area to multiple tracks in which students can compete.  The topical areas of submission include:

  • Healthcare
  • Cleantech | Sustainability
  • Services | Non-Profit
  • Nanotech | HiTech
Presentation Details
The deadline to apply was March 25, 2011.  Over 30 highly qualified presentations were received from universities around New York State.  To be added to our mailing list and receive notices regarding next year's competition and other events, please email Mr. Nicholas Querques at with your contact information.   

The presentations were evaluated by an excellent group of judges from industry, financial and legal sectors: 2011 Business Plan Competition Judges.

Please note that the agenda schedule and times are subject to change at any time and without notice. 

  Download the agenda (PDF 446.3 KB)

Companies selected to participate in the 2011 New York State Business Plan Competition (listed in order of participation) include:
  • DonDoff Solutions (University of Rochester) 
  • Fund Health (Columbia University)
  • Helios (Syracuse University)
  • ReEnergize Solutions (University at Albany)
  • Strong Arm (Rochester Institute of Technology)
  • Blue Sphere Industries (Clarkson University)
  • Green Fox Systems (University at Albany)
  • MICROrganic Technologies (Rensselaer Polytechnic Institute)
  • Phoenix on Wheels (New York University)
  • sociaLight (University at Albany)
  • The Biochar Group (University at Albany)
  • Betonicaum (Rensselaer Polytechnic Institute)
  • (Syracuse University)
  • eShaastra (College of Nanoscale Science & Engineering)
  • Fire Department Solutions (Rensselaer Polytechnic Institute)
  • Wearever You Go (Cornell University)
  • B.E.S.S.-Technologies (College of Nanoscale Science & Engineering)
  • Efficient-C Composites (Rensselaer Polytechnic Institute)
  • Implantation-Based Solar Cell Technologies (College of Nanoscale Science & Engineering)
  • Integrated Photovoltaics (College of Nanoscale Science & Engineering)
  • Microwaves for Nanostructures (Rensselaer Polytechnic Institute)
  • RadLab (Columbia University)
  • Wavefront Technologies (Rensselaer Polytechnic Institute)

Prizes and Winners
The newly expanded New York State Business Plan Competition is bigger than ever!  With cash prizes of over $100,000, and in-kind services from organizations around the state, this year's top winners will receive more than enough assistance to turn their ideas into full-fledged businesses.

Healthcare Track
1st Prize: $10,000 | Winner: Helios
2nd Prize: $5,000 | Winner: Strong Arm
3rd Prize: $1,500 | Winner: DonDoff Solutions

Cleantech | Sustainability
1st Prize: $10,000 | Winner: MICROrganic Technologies
2nd Prize: $5,000 | Winner: Blue Sphere Industries
3rd Prize: $1,500 | Winner: Green Fox Systems

Services | Non-Profit
1st Prize: $10,000 | Winner:
2nd Prize: $5,000 | Winner: Fire Department Solutions
3rd Prize: $1,500 | Winner: Wearever You Go

Nanotech | HiTech
1st Prize: $10,000 | Winner: RadLab
2nd Prize: $5,000 | Winner: WaveFront Technologies
3rd Prize: $1,500 | Winner: Microwaves for Nanostructures

Grand Prize
$40,000 cash, plus $10,000 in in-kind services from Heslin Rothenberg Farley Mesiti | Winner: Helios

Title Sponsor


Main University Sponsors


Supporting Sponsors 


Friend Sponsors 


Silver In-Kind Sponsor 

Supporting Organizations