Press-Republican

Business Spotlight

March 9, 2014

Business briefs: March 9, 2014

(Continued)

The open house will take place at the chamber office located at 94 Montcalm St., Suite 1, in downtown Ticonderoga.

Business competition

ALBANY — Applications are now available for the fifth annual New York Business Plan Competition.

Deadlines are approaching for student teams from across the state to apply for the chance to win more than $500,000 in total prizes as part of the upcoming regional competitions and the statewide final round which will be held April 25. 

“This competition brings together some of the brightest and most entrepreneurial college students from across the state and provides them with the chance to bring their business ventures to market,” Gov. Andrew Cuomo said. “In the past, this program has paired young entrepreneurs with mentors and investors who have helped jump start their ideas toward implementation, and I encourage all interested students to apply to this year’s competition.”

As the largest such competition in the Northeast, it has grown from a dozen teams competing for nearly $30,000 in prizes in 2010 to one of the largest student business competitions in the country with more than 500 expected teams vying for more than $500,000 in prizes this year.

Each team will pitch a business idea to a panel of judges that includes national venture capitalists, angel investors, investment bankers, private-equity investors and seasoned entrepreneurs.

More than 60 colleges and universities are expected to participate. Interested students are encouraged to submit their business plans for innovations related to areas that include nanotechnology/advanced technology, energy/sustainability, biotechnology/healthcare, information technology/software, products/services and social entrepreneurship/non-profit.

More information, including the date and location of each regional competition, an online application and filing deadlines by region can be found at www.sunycnse.com/NewYorkBusinessPlanCompetition/2014Program.aspx.

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