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05-10-2017

Clarkson University Student Teams Win at New York Business Plan Competition

Four Clarkson University teams won awards at the 2017 New York Business Plan Competition.

NYBPC 2017Students working with the Reh Center for Entrepreneurship in Clarkson's School of Business and Clarkson's Shipley Center for Innovation traveled to Albany, N.Y., in late April to pitch their business plans to a panel of national venture capitalists, angel investors, investment bankers and seasoned entrepreneurs.

The StairSafe team, which featured David Altman '20 of Albany, N.Y., and Matthew Craw '20 of Albany, N.Y., from Clarkson University as well as students from the University at Buffalo and Hudson Valley Community College, received the Undergraduate Excellence Award for the products category.

The Elevate/Therapeutic Leg Extender team led by Jamie Griffin '17 of Bronx, N.Y., Jacob Shea '17 of Massena, N.Y., and Stephanie Guzzi '17 of Glenville, N.Y., and the SMART Start House pitch by Krissy Govertsen '18 of Valatie, N.Y., received the Esprit de Corps award for the advanced technology and NYSERDA clean technology categories, respectively.

The Solar Water LLC pitch by Kyle Thomson '20 of Lancaster, N.Y., received the People's Choice Award for the NYSERDA Clean Technology category.

"In addition to presenting and gaining feedback on their businesses, the New York Business Plan Competition provides a great venue for networking with startup professionals from all over the state," said Director of the Reh Center for Entrepreneurship Erin Draper. "The Clarkson teams represented a diverse set of majors from engineering to business -- truly demonstrating a pathway for entrepreneurship across disciplines."

The Reh Center for Entrepreneurship hosted the North Country Regional Business Plan Competition semifinals earlier this spring, where 39 teams from Clarkson, St. Lawrence University, SUNY Plattsburgh, Paul Smith's College, the Adirondack Pathways in Technology (ADK P-TECH) program, as well as veterans, competed. Ten teams representing the North Country were selected to compete at the NYBPC.

The NYBPC has featured more than 2,100 student teams from 75 colleges and universities since the inaugural event in 2010, claiming more than $2,300,000 in cash and in-kind prizes.

The competition invites teams to pitch 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.

Clarkson University educates the leaders of the global economy. One in five alumni already leads as an owner, CEO, VP or equivalent senior executive of a company. With its main campus located in Potsdam, N.Y., and additional graduate program and research facilities in the Capital Region and Beacon, New York, Clarkson is a nationally recognized research university with signature areas of academic excellence and research directed toward the world's pressing issues. Through more than 50 rigorous programs of study in engineering, business, arts, education, 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 innovation with enterprise.

Photo caption: Clarkson University 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 late April for the 2017 New York Business Plan Competition.

[A photograph for media use is available at http://www.clarkson.edu/news/photos/nybpc2017.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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