Business Builder

In order to make possible for young entrepreneurs the type of success he has enjoyed, UAlbany alumnus Harvey Patashnick, B.S.’67, M.S.’69, created the Patashnick Entrepreneurial Challenge. Launched in October 2014, it offers stipend support for select UAlbany students who are pursuing dreams of innovative startup companies.

Beginning in the summer of 2015, the selected students will pursue activities aimed at developing new ventures, including research projects that could lead to new startup opportunities. In addition to the stipend, students will have access to experienced mentors and be invited to a series of events and workshops to help them refine their concepts; meet local area entrepreneurs, investors and service providers; and network with like-minded colleagues.

Winners in the Challenge were announced in March 2015, after an assessment team began looking at submissions and providing feedback in late October 2014, accepted and weighed reapplications in December, and then began making final selections through a multi-step judging process.

Patashnick is the founder of Rupprecht & Patashnick Co. Inc., which he built into an industry leader in particle measurement instrumentation.