North Country Regional Competition
North Country Regional Business Plan Competition
April 7, 2017
THE REGISTRATION DEADLINE IS MARCH 31st!!!
Download Form to begin preparing your answers!
*Registrations must be completed in one sitting and cannot be edited once submitted. We suggest you write your application in word and copy your answers into the form when you are ready. Download this form to prepare. When you are ready, registrations must be submitted online through the registration site by midnight on March 31, 2016.
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.
Six different tracks 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!
- 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.
Any idea, technology, product, and/or service that relates to healthcare, biomedical, pharmaceutical, and/or life science applications.
- Examples: New method for testing pharmaceuticals, all-natural mosquito repellent, CPR training services, physical therapy massager.
Any idea, technology, product, and/or service that relates to energy, clean energy, renewable energy, energy efficiency, environmental, and/or sustainability applications.
- Examples: Composting subscription service, LED manufacturing technology, lithium ion batteries, clean energy crowd funding service.
- Nanotechnology/Advanced Technology
Any idea, technology, product, and/or service that relates to materials science, advanced hardware, semiconductors, optics, and/or electronics applications that are not applicable to Biotechnology/Healthcare and Energy/Sustainability. These products and processes have been likely developed after years of laboratory research and have patent protection.
- Examples: High-performance skis coated with nanomaterial, data transmission device, vibration detector
- 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.
Any idea, product, and/or service that does not fit any of the other categories falls into the Products/Services category.
- Examples: Workout equipment, bakery, brewery, dessert delivery service.
In addition to their share of $20,000 in regional prizes, the top 2 winners in each of the following six categories will be able to present at the competition for over $100,000 in funding.
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!