Student Alumni Grant (FSAG) Competition

The Farmingdale State College Alumni Association has created an annual Farmingdale Student Alumni Grant (FSAG) to be awarded to a student for development of an entrepreneurial business plan. The goal is to provide a platform for entrepreneurial endeavors and professional growth for a deserving student while fostering a continued alumni connection with the student and their new business.

Students are required to submit a new business plan which will be presented to a panel of judges who will choose the winning plan. The winners will then be awarded the grant funding of $2000 to supplement the startup of their business. All currently enrolled students in the School of Business are eligible and must present a thorough and comprehensive business plan.
New business ideas are not restricted in any way and should be as creative as possible. Selection criteria will be based on idea development, financial planning, innovativeness, functionality, and presentation. Students need to submit an FSAG application for approval by the Dean of the School of Business.

All competition materials are due on Tuesday, November 1, 2022.

Notable items before you apply:
*Different rules apply to NYS Business Plan Competition

All students that participate in FSAG must currently be enrolled as an undergraduate student of the Business Program from Farmingdale State College.

• Students may not participate in more than 1 team.
• Students may participate in both the NYS Business Plan Competition as well as FSAG.
• Student ownership of the venture must be 100% Farmingdale student-owned.
• 1st place will receive a cash prize of $2,000.

Application for FSAG

If you have any questions please email Kim Forman at formanka@farmingdale.edu.