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05-16-2016

Clarkson University Student Teams Win at New York Business Plan Competition

Two Clarkson University teams won at the 2016 New York Business Plan Competition (NYBPC).

NYBPCStudents working with the Reh Center for Entrepreneurship in Clarkson's School of Business and the Shipley Center for Innovation traveled to Albany, N.Y., in late April to pitch their business plans to a panel of national venture capitalists, angel investors, investment bankers and seasoned entrepreneurs.

Impervious, presented by Richard Nunez '17 and Gavin Brower '16, won third place in the Advanced Technology / Nanotechnology category and $1,500 cash prize for their business plan.

Powder Partner, presented by Daniel Drake '16 and Onondaga Community College student Michael Dalberth, also received the Undergraduate Excellence Award for the Products / Services category.

"This competition provides exciting opportunities for students to apply the entrepreneurial skills they have gained at Clarkson," said Assistant Director for the Reh Center for Entrepreneurship Ashley Sweeney. "Students are given the resources and guidance to turn their business ideas into reality, and participating in the New York Business Plan Competition allows them to take their education to the next level and embrace new challenges."

The Reh Center for Entrepreneurship hosted the NYBPC regional semifinals earlier this spring, where 31 teams from Clarkson, St. Lawrence University, SUNY Plattsburgh and Alexandria Central High School competed. Nine teams from Clarkson and one team from SUNY Plattsburgh were selected to compete at NYBPC.

The New York Business Plan Competition features student teams representing 75 colleges and universities who pitched their business plans for innovations in a variety of sectors that are growing in New York State's advanced economy, including nanotechnology, biotechnology, information technology and clean energy. Competitors represented all 10 of the state's economic development regions, as defined by Gov. Andrew Cuomo's Regional Economic Development Councils that were created to expand economic opportunities throughout New York State.

Clarkson University educates the leaders of the global economy. One in five alumni already leads as an owner, CEO, VP or equivalent senior executive of a company. With its main campus located in Potsdam, N.Y., and additional graduate program and research facilities in the Capital Region and Beacon, New York, Clarkson is a nationally recognized research university with signature areas of academic excellence and research directed toward the world's pressing issues. Through more than 50 rigorous programs of study in engineering, business, arts, education, sciences and the health professions, the entire learning-living community spans boundaries across disciplines, nations and cultures to build powers of observation, challenge the status quo, and connect discovery and innovation with enterprise.

Photo caption: Clarkson University students working with the Reh Center for Entrepreneurship in Clarkson's School of Business and the Shipley Center for Innovation traveled to Albany, N.Y., in late April for the 2016 New York Business Plan Competition.

[A photograph for media use is available at http://www.clarkson.edu/news/photos/nybpc-2016.jpg .]

[News directors and editors: For more information, contact Annie Harrison, Director of Media Relations, at 315-268-6764 or aharrison@clarkson.edu.]

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