North Country Regional Competition
North Country Regional Business Plan Competition
April 7, 2017
THE REGISTRATION DEADLINE IS MARCH 31st!
Since 2010, over 1,600 student teams from almost 75 of New York’s colleges and universities have pitched their ideas and ventures at the NYBPC. The winners are selected each year by esteemed judges, including venture capitalists, angel investors, investment bankers, other sophisticated public and private investors, and seasoned entrepreneurs. At the end of the 2015 competition, more than $1,800,000 in cash and in-kind prizes have been awarded to student entrepreneurs in New York.
The North Country Regional Business Plan Competition is a regional qualifer for the New York State competition; the top 2 teams in each category will advance to the state competition.
CATEGORIES AS DETERMINED BY NEW YORK STATE
Four different tracks, as decided by New York State, are available for student ventures for this year's competition; each team will have 10 minutes to present and 5 minutes for Q&A from the judges. The sample presentation guide shows the important information you should include and remember that the faculty at your school are great resources to help you work through many of these questions!
- 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 massager.
- 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 subsciption service.
Any physical, tengible goods offered for sale.
- Examples: Custom designer eyewear, vending machine, protein shakes, craft beer or alcoholic beverages, innovative water bottle, locally sourced tea, camera backpack.
A value add process for delivering products of fulfilling customer needs.
- Examples: Lice removal company, meal delivery, custom clothing design, custom song writing service.
CATEGORIES AS DETERMINED BY CLARKSON UNIVERSITY
Two different tracks, as decided by Clarkson University, are available for student and veteran ventures for this year's competition.
- High School
The Reh Center for Entrepreneurship is pleased to announce the inclusion of a high school category in the North Country Business Plan Compeition. Since 2010, Clarkson University students have very successfully participated in the New York State Business Plan Competition as well as hosted the North Country Regional event in conjunction with SUNY Plattsburgh. Now high school students are being included in the regional competition.
- Transitioning Veterans
The Reh Center for Entrepreneirship is pleased to announce the inclusion of a Transitioning Veterans track in the North Country Business Plan Competition for non-student transitioning Verterans who want to take their bold military transition to the next level. Through a generous donation of time, Clarkson University' Shipley Center and the Reh Center for Entrepreneurship provide growth and pitch coaching assistance prior to the competition, and post-competition assistance to encourage Transitioning Verterans to start-up and grow in the North Country.
In addition to their share of $20,000 in regional prizes, the top 2 winners in each of the four categories will advance to the New York State Business Plan Competition in Albany.
In each category, regional prizes awarded will be:
First Place - $2,000 and advances to the state competition in Albany
Second Place - $1,000 and advances to the state competition in Albany
Third Place - $500
The New York Business Plan Competition (NYBPC) reserves the right to withhold prize money and/or in-kind services from winning teams who do not comply with the eligibility requirements. In order to be eligible to apply for and participate in the NYBPC, all teams must meet the following criteria:
- Consist entirely of currently enrolled graduate and/or undergraduate students from accredited New York State 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
- 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 venture must be 100%
Students are invited to submit their registration for the competition by March 31.
Generous thanks to our sponsors who have made this event possible for the North Country Region! Please contact us if you are interested in sponsoring this exciting North Country Regional Event!