This past spring, the School of Business received sponsorship support from Derek Peterson, Founder and CEO of Soter Technologies and the Farmingdale College Foundation for our annual competition, formerly known as The New York Business Plan Campus Competition, now presented as Ram Tank.
Modeled after the popular TV show Shark Tank, Ram Tank gives FSC students the opportunity to pitch their innovative business ideas to a panel of experienced judges. This event not only allows students to showcase their talents but also provides valuable feedback and guidance from industry professionals. Contestants present their ideas to the panel and the Farmingdale community, encouraging entrepreneurial growth and building networking connections.
Ram Tank aims to inspire student entrepreneurs by giving them the resources and mentorship needed to turn their ideas into reality. All participants receive support for their entrepreneurial development, and up to twelve teams are awarded cash prizes. The top winners also advance to the Long Island Regional Competition, where they compete against students from schools like NYIT, SUNY Old Westbury, Stony Brook University, Adelphi, and Hofstra, with the chance to move on to the statewide New York Business Plan Competition. This year, twelve teams participated in Ram Tank. In second place were Alexa Gutterson and Julia Seitz with GURU, a portable makeup box with a smart mirror. First place went to Kai Schrader and Andrew Lewis with LinedUp, an app that allows users to skip lines at bars. Both teams advanced to the Long Island Regional Competition and then to the state competition. Derek Peterson praised the students, saying, “I was impressed by the ingenuity and passion displayed by the students participating in the Ram Tank program. The level of dedication and entrepreneurial spirit was truly inspiring, and I believe the program is fostering the next generation of business leaders."
Farmingdale remains an active participant in the Long Island Regional competition as part of the New York Business Plan Competition. No FSC student is turned away from participating. Get ready for the next Ram Tank competition this coming spring!
All of this has been made possible by our generous donor, Derek Peterson. If you have
any questions about Ram Tank or the NYBPC, please contact Kim Forman.