NYC COLLEGE STUDENTS: We're Co-Hosting the NYS Business Plan Competition

Every Successful Business Starts with a Plan.

If you’ve got the determination and drive to create a growth company, here’s your chance!

The NY Business Plan Competition encourages plans for new businesses. Student teams from the New York City Region that meet the eligibility requirements below are invited to submit applications for their idea or venture under one of the following six (6) categories:

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If you’re a NYC (graduate or undergraduate) college student and have a business idea, let’s make sure you hit a home run for this contest with huge prizes and recognition:

MICROSOFT EVENT

What’s Your Idea?— define your idea and achieve maximum impact.

  • Network with other NYC college entrepreneurs

  • Get insights on your business idea

  • Learn about the contest

  • FREE EVENT

Monday, February 13th, 2017 at 11 Times Square, NYC 2-4PM.

SIGN UP HERE

Information Technology/Software

  • Any idea, technology, product, and/or service that relates to apps, informational technology, software, and/or internet applications in for profit enterprises.  If the value that your idea or technology provided lies in the creation of or is delivered through an app, then you belong in this category.
  • Examples: An app that helps pairs potential roommates, a website/app that uses social media to collect payments from friends, a web service designed to tailor resumes for specific jobs, a file sharing service, an app or website that aggregates data and reviews about solar panel installers.

Clean Technology

  • Any idea, technology, process, product, and/or service that relates to energy, clean energy, renewable energy, energy efficiency, environmental, and/or sustainability applications.
  • Examples: Recycling technology, LED manufacturing technology, lithium ion batteries, clean energy crowd funding service, composting subscription service.

Products

  • Any physical, tangible goods offered for sale.
  • Examples: Custom designer eye-wear, vending machine, protein shakes, craft beer or alcoholic beverages, innovative water bottle, locally sourced tea, camera backpack.

Social Entrepreneurship/Non-Profit

  • Any idea, product, and/or service that addresses a social need, for which profit is not the primary motivation, or provides a product/service for nonprofits. If formed, the venture would be either a Benefit corporation or be eligible for 501(c) status.
  • Examples: Selling a good or service that raises awareness and donates significant portion of the revenues to a cause, organization that provides financial literacy training, cooperative non-profit coffee shop, bike trail, a website to connect community members with volunteer opportunities.

Advanced Technology

  • Any idea, technology, product, and/or service that relates to materials science, life science, advanced hardware, semiconductors, optics, and/or electronics applications that are not applicable to Clean technology. These products and processes have been likely developed after years of laboratory research and have patent protection.
  • Examples: High-performance skis coated with nanomaterial, vibration detector, new method for testing pharmaceuticals, physical therapy massage device.

Services

  • A value add process for delivering products of fulfilling customer needs.
  • Examples: Professional printing service, meal delivery, custom clothing design, custom song writing service.

Competition Overview:

Overview:

Each team will have 10 minutes to pitch, which will be followed by 5 minutes of Q&A with the panel of investor judges. Judges are advised to act as they would in a closed-door boardroom investment presentation during the Q&A session

Rules/Format:

The two winning teams in each of the six categories from the New York City Regional Semifinal Competition will advance to the final round of the NYBPC on Friday, April 28, 2017 in Albany, NY. They will compete head-to-head for the grand prize against regional semifinal winners from New York’s 9 other Regional Economic Development Council zones – Central New York, North Country, Mohawk Valley, Finger Lakes, Western New York, Southern Tier, Capital Region, Mid-Hudson, and Long Island.

Format:
Presentations must be submitted as either a PowerPoint presentation (PPT) or a PDF file. These are the only formats that can be accepted and will be eligible for competition.

Miscrosoft Event