Clarkson University student teams celebrated six first-place and four second-place wins at the North Country Regional Business Plan Competition (NCRBPC) powered by AT&T held on campus last week.
The Reh Center for Entrepreneurship in Clarkson's School of Business hosted the semifinal competition in Clarkson's Student Center.
A total of 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, presented their business plans at the event.
Prizes for each of the University team tracks were $2,000 for first place, $1,000 for second place and $500 for third place. In addition to monetary prizes, the top two winners in each category have the opportunity to advance to the statewide competition.
Out of 12 possible qualification spots, 10 student teams will go on to represent the North Country region at the New York State Business Plan Competition on April 28 in Albany, N.Y.
The winning teams were:
- Advanced Technology: First Place -- Elevate/Therapeutic Leg Extender (Clarkson University)
- Clean Technology: First Place -- Solar Water, LLC (Clarkson University); Second Place -- SMART Start House (Clarkson University); Third Place -- TerrApparel, LLC (Clarkson University)
- Information Technology / Software: First Place -- EWCed (Clarkson University); Second Place -- Tegas (SUNY Plattsburgh); Third Place -- Biaggeo, LLC (Clarkson University)
- Social Entrepreneurship / Non-Profit: First Place -- SomeBunny's Garden, LLC (Clarkson University); Tied for Third Place -- Catch Up (SUNY Plattsburgh) and Little ADK (Paul Smith's College)
- Services: First Place -- Unlimited Prototyping (Clarkson University); Second Place -- Nine2Five (Clarkson University); Third Place -- The Igloo (Paul Smith's College)
- Products: First Place -- Birch Boys Chaga, LLC (Clarkson University); Second Place -- StairSafe (Clarkson University); Third Place -- Synergy Dynamics LLC (Clarkson University)
This is the third year NCRBPC has included a competition for students in grades nine through 12 who are running their own business or who are working on a business plan in the classroom.
All high school students who participated in the NCRBPC at Clarkson will receive a $1,000 scholarship per year if they choose to attend Clarkson. The winning teams received additional scholarships and cash prizes. The first-place team received $500, the second-place team received $300, and the third-place team received $200. The prize money was donated by the Clarkson University Shipley Center for Innovation’s Office of Educational Partnerships.
- High School: First Place -- Bioluminescent Accessories Inc. (ADK P-TECH); Second Place -- P-Clock Medical Alarm (ADK P-TECH); Third Place -- Illumination Decoration (ADK P-TECH)
For the first time, the NCRBPC offered a transitioning veterans track for veterans who are starting their own business. Clarkson provided coaching prior to the competition as well as post-competition assistance to encourage veterans to start-up and grow their businesses in the North Country. While this track's winners do not move on to the statewide competition, veteran’s prizes included $2,000 for first place or space in Clarkson's Peyton Hall Business Incubator for one year, $1,000 for second place and $500 for third place.
- Transitioning Veterans: First Place -- Walker PMC, LLC (Fort Drum); Second Place -- Sweet-n-Simple (Paul Smith's College); Third Place -- Readiness Alert (Paul Smith's College)
NCRBPC was powered by AT&T, whose support for the event grows out of the company’s commitment to foster local innovation by providing entrepreneurs with the resources they need to positively impact their communities and strengthen the growing entrepreneurial and innovation economy of the North Country. The New York Business Plan Competition closely aligns with AT&T’s dedication to advancing education, strengthening communities and improving lives. Through its community initiatives and collaborations, AT&T has a long history of investing in projects that create learning opportunities; promote academic and economic achievement; or address community needs.
"It is an honor to collaborate with Clarkson University to support the North Country Regional Business Plan Competition semifinals and to provide young local entrepreneurs the opportunity to showcase their intellect, passion and ingenuity," said Marissa Shorenstein, president of AT&T New York. "AT&T sees it as essential to encourage and foster the next generation of business pioneers so they can positively impact their communities and strengthen the Capital Region’s growing innovation economy and promote economic development throughout New York."
The New York Business Plan Competition is the only leading collegiate business plan competition that is a regionally coordinated, collaborative, statewide program. With more than $500,000 in prizes annually, it is one of the largest collegiate business plan competitions in the world.