Overview 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:
Agenda 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)
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: Broodr.com
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
Main University Sponsors
Silver In-Kind Sponsor