The Southern Tier Region semifinal competition of the 2014 New York Business Plan Competition (NYBPC) will be held at the Innovative Technologies Complex at Binghamton University on April 12, 2014, from 10am-1pm, where $15,000 will be awarded in prizes. Winning teams will advance to the state finals where more than $500,000 will be awarded.
Participating campuses include:
**Please note that we have obtained special permission from residential life for participating students to have the dorm deadline extended. If you need this, please e-mail Jessica Miller at firstname.lastname@example.org.
Teams must be comprised entirely of undergraduate and/or graduate students along with one faculty or staff member to serve as an advisor. The six categories include:
For a list of this year's participating teams, click here.
For the statewide final competition, each team will have 10 minutes to pitch, followed by 5 minutes of Q&A with the panel of judges. Judges are advised to act as they would in a closed-door boardroom investment presentation during the Q&A session.
The NYPBC reserves the right to withhold prize money, and/or in-kind services from winning teams who do not comply with the eligibility requirements listed below.
Consist entirely of currently enrolled graduate and/or undergraduate students from accredited New York colleges and universities
A faculty or staff member is required to be listed as an advisor for the team; offering guidance, support and technical expertise. The Office of Entrepreneurship & Innovation Partnerships is able to provide mentors as needed.
Students may not participate on more than 1 team each year of the competition
Cumulative public and private capital raised may not exceed $100,000
Student ownership of the venture must be 100%
To hear perspectives on entrepreneurship, challenges of start-ups, and the excitement associated with innovation, students at SUNY Broome Community College, Binghamton University , Cornell University , and Ithaca College have access to the Prendismo Collection.
While on your university network, you can go to www.prendismo.com and see over 17,000 video clips that are each about 2 minutes long. There are practical tips on how to pitch your company, clarity of message when asking for financing, market assessment, team formation and much more. These insights come from leaders of early stage companies, as well as top executives at established corporations.
If you would like to attend the event as an observer, you can register here.