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04-30-2015

Five Clarkson University Teams Win at New York Business Plan Competition

Five Clarkson University teams won at the 2015 New York Business Plan Competition.

NYBPC 2015Students 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 April to pitch their business plans to a panel of national venture capitalists, angel investors, investment bankers and seasoned entrepreneurs.

Four Score Jeans, presented by students Courtney Black, Grayden Shand, Aleem Sutar, Kurt Moore, Andrew Moore and Joel Hargrave, won first place in the Products and Services category. The team received a $10,000 prize.

Elecktrac, presented by students Megan Collier and Troy Feldman, won second place in the Nanotechnology and High Technology category. The team received a $5,000 prize.

Z-Score, presented by students Joe Siracuse and Kevin MacVittie, won the People's Choice Award in the Information Technology / Software category. The team received a $500 prize.

Comfy Pets, LLC, presented by student Bryce Bandish, won the Undergraduate Excellence Award in Biotechnology / Healthcare.

Powder Partner, presented by Clarkson student Daniel Drake and Onondaga Community College student, won the Undergraduate Excellence Award in the Products / Services category.

Also representing the North Country, SUNY Potsdam student James Myer won the Undergraduate Excellence Award in the Information Technology / Software category for his company, MSquare.

"This competition is a wonderful opportunity for students to hone their entrepreneurial skills and embrace new challenges," said Erin Draper, director of the Reh Center for Entrepreneurship at Clarkson. "Clarkson provides students with the resources and guidance to make their ideas a reality, and they were successful with a wide variety of business plans and innovations."

The New York Business Plan Competition featured student teams representing 65 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.

Title Sponsor SEFCU provided significant support for the competition, in addition to Lead Sponsor New York State Energy Research and Development Authority; Institutional Sponsors First Niagara and Empire State Development's Division of Science, Technology and Innovation (NYSTAR); Friend Sponsors National Grid, Anchor Agency, Center for Economic Growth, Albany Medical Center, New Energy New York, and FuzeHub; Associate Sponsor Arsenal Business and Technology Partnership; Support from SkipsoLabs; Supporting in-kind Sponsors Troy Web, Albany Business Review, Heslin Rothenberg Farley & Mesiti, Reitler, and CDTA; and Friend in-kind Sponsors Pinnacle, Nixon Peabody, Schwartz Heslin Group, Teal Becker, and NY Excel.
 
The New York Business Plan Competition was presented by SUNY Polytechnic Institute Colleges of Nanoscale Science and Engineering, the University at Albany's School of Business, and Syracuse University.

Clarkson University launches leaders into the global economy. One in five alumni already leads as a CEO, VP or equivalent senior executive of a company. Located just outside the Adirondack Park in Potsdam, N.Y., Clarkson is a nationally recognized research university for undergraduates with select graduate programs in signature areas of academic excellence directed toward the world’s pressing issues. Through 50 rigorous programs of study in engineering, business, arts, 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 engineering innovation with enterprise.

Photo caption: Five Clarkson University teams won at the 2015 New York Business Plan Competition. 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 April for the competition.

[A photograph for media use is available at http://www.clarkson.edu/news/photos/nybpc-2015.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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