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NYS Business Plan Competition

Contact Information

Faculty Advisor 
Dr. Jing Betty Feng

fengj@farmingdale.edu
631-420-2186

Natalie Walsh
walshn@farmingdale.edu
631-794-6208

Inquire Now
Application
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NYS Business Plan Competition

The 2019 Long Island Regional NYS Business Plan Competition
Part of the New York Business Plan Competition

 

News and Highlights  


  • This Student Business Plan Competition encourages students to think "Shark Tank" and come up with their own Business Idea. Students will compete for funding. The NYS Business Plan Competition encourages students to think like entrepreneurs and provides them with tools and resources to develop their prospective businesses. This competition is open to students in all fields

  • Students may enter individually or in teams. The competition is for new, independent ventures in the ideation, startup, or early growth stages.

Background and Mission

As new centers of power emerge in the global economy, the capacity of our region and state  to "grow our own" innovative products and services, startup companies and good quality jobs continues to gain in importance. Led by the European Union and the U.S., the top 20 nations in GDP now also include not only China, Japan, and Russia but also Brazil, Mexico, South Korea, Indonesia and Turkey. In addition to sustaining and enhancing our nation's leadership in science and engineering, one of the most critical factors in our success as a nation, state and region is fostering entrepreneurial talent. The goal of New York State Business Plan Competition and its regional affiliate, DARE (Dare to Risk Entrepreneurship) Long Island, is to encourage student entrepreneurs to self-identify and provide them with tools and resources to develop their fledgling ventures. All will receive entrepreneurial development support; up to twelve will receive cash awards and the opportunity to compete for larger prizes at the statewide level. Dr. Jing Betty Feng has made herself available to answer any questions you may have on your Business Plan. (Fengj@farmingdale.edu, 631-420-2186)

2019 program

In the fifth year Farmingdale continues to participate in the Long Island Regional program as part of the New York State Business Plan Competition (NYSBPC). No Farmingdale State college student will be turned away.

NYSBPC Industry Categories

  AgTech & Food
● Any idea, technology, process, product, and/or service that relates to agriculture, food
production or distribution or food waste
● Examples: tea subscription box, crop management software, composting service, protein shakes,
craft beer or alcoholic beverages, food prep subscription boxes

  Energy & Environment
● Any idea, technology, process, product, and/or service, not included in any previous category,
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 crowdfunding service

  Military & First Responder
● Any idea, technology, process, product, and/or service,not included in any previous category,
that relates to the needs of utility workers, military, first responders, government applications or
transportation industry.
● Examples: high temperature safety clothes, utility inspection software, drone technology, fleet
management and routing software

 MedTech & Well-Being
● Any idea, technology, process, product, and/or service, not included in any previous category,
that relates to biotech, sports, medical care or well-being, including mental health.
● Examples: new method for testing pharmaceuticals, physical therapy massager, implant
technology, suicide prevention apps, skin care solution

  Technology & Entertainment
● Any idea, technology, process, product, and/or service, not included in any previous category,
that relates to consumer software/online platforms, cryptocurrency, entertainment, fintech, or
music.
● 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, software platform for salon management

Download Application
Deadline to submit Application is February 9, 2018.


 Other Resources:    


Important Dates
February 9, 2018 Deadline to submit Application
Feb 23, 2018 Bootcamps for competition
April 4, 2018- Farmingdale campus Finals
TBD - Long Island Regional Finals




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