New York Business Plan Competition: Capital Region

2022

About the Competition

The 13th Annual Capital Region Business Plan Competition was hosted by the University at Albany School of Business on March 25th, 2022.

In 2022, the regional and state-level business plan competitions were hosted as hybrid events. The Track Presentations were done virtually. The 1st place winner from each track competed for a final grand prize in-person on Friday, March 25th. The top two winning teams in each track at the regional level represented the Capital Region at the New York State Business Plan Competition.

Students participating in the regional and state competitions may enter individually or in teams. At the regional level, with support from the University at Albany and area sponsors, cash prizes will be awarded to the first and second-place teams in each track.

 

Philosophy

  • Entrepreneurship is vital to support a thriving economy.
  • Entrepreneurial skills are invaluable - including problem-solving, communication, economics, creativity, resilience, and accountability, regardless of students’ career paths.
  • The intercollegiate competition platform is an important experiential anchor for students from all backgrounds and ventures of all types

 

Mission

The New York Business Plan Competition's mission is to provide a robust, fair competition for students across New York State to promote entrepreneurship and start new ventures.

2022 Results

Thank you again for competing in the 13th annual New York Business Plan Competition Capital Region Semi-Final! Everyone did a great job and we admire you for your hard work and dedication to entrepreneurship and being innovative!

Please see below for the list of 1st and 2nd place track winners of the 2022 NYBPC Capital Region Semi-Finals!

 

Food and Agtech

  • 1st Place - Blazin’ Birria
  • 2nd Place - Drinksity

Health and Wellbeing

  • 1st Place - Pawket Vet
  • 2nd Place - None

Media, Art and Entertainment

  • 1st Place - SoundU
  • 2nd Place - None

Safety, Power and Mobility

  • 1st Place - SFluor, Inc.
  • 2nd Place - Auto Mobile

Services and Software

  • 1st Place - LawnAdmin
  • 2nd Place - Property Gauge

 

Thank you so much to this year’s Capital Region judges!

  • Raimundo Archibold, Managing Director, Schwartz Heslin Group
  • Mel Chudzik, Founding Investor, Eastern New York Angels
  • John Cococcia, Venture Partner, Armory Square Ventures
  • Matthew Cusack, President, FlowActive, Inc.Anthony DeBonis, President, Troy Web Consulting
  • Stephanie Dosiek, Director, Albany Medical College BACC
  • Joyce Greenberg, Co-Founder and Managing Partner, Cap W Global LLC
  • Catherine Hover, Founder and CEO, Palette Community
  • Fermin Mendez, Director- Community Economic Development Clinic, Albany Law School
  • Joseph Richardson, Managing Partner, Eastern NY Angels
  • Matt Scarchilli, Owner, Sandler Training of Albany
  • Matthew Wagoner, Owner, The Wagoner Firm, PLLC

 

Virtual Information Session

Do you have a new and innovative idea for a business product or service? Or maybe just know that you want to be your own boss and start a business? Become an entrepreneur and launch your idea while competing with other Colleges in the Capital Region. 

Learn how to develop a business plan, pitch your idea, and the process of submitting your deck for the NYBPC Capital Region Competition. Watch the Virtual Information Session that took place on February 11, 2022.

 

Our Sponsors

Thank you to the generous donors who supported the 2022 New York Business Plan Competition Capital Region Semi-Finals

 

New York Business Plan Competition – Capital Region Semi-Finals Resources
Registration and Schedule

Registration

Please submit the 2022 New York Business Plan Competition application.

 

Semi-Finals

Student applications are due by March 16, 2022. Judges for each track will evaluate the applications remotely. The Announcement of 1st and 2nd place track winners will be made on March 23rd, 2022, and student teams will receive judges' feedback.

Information will be sent out on March 23rd, 2022, providing students instructions on submitting for the State competition, and how to receive their prize.

Preparations for 1st Place Track Winners for the Capital Cup will also occur on March 23, 2022.

 

Live Capital Cup Event

The 1st place track winners will meet for a live event at UAlbany (Space TBD) to pitch for a grand prize. The Capital Cup will occur on March 25th, 2022 from 11:30 a.m. to 1 p.m. The event will include an entrepreneur motivational speaker, opportunities for networking, and a showcase for 1st and 2nd place track winners.

 

Statewide Finals

The statewide finals will occur on April 27th, 2022 in Syracuse, NY. Capital Region 1st place and 2nd place track winners must submit their video and pitch deck to the State Competition at no later than April 1st, 2022 and access the timeline for State Level NYBPC.

Eligibility and Rules

In order to be eligible to apply for and participate in the NYBPC, all teams must meet the following criteria: 

  • "Students" are any graduate, undergraduate, and/or community college students enrolled part- or full-time in accredited New York college and universities during the current academic year. Students who graduate during the Fall semester are still eligible to compete in the competition during the Spring semester. Exchange students are also eligible.
  • Presenters must be eligible students in all stages of the competition.
  • Teams may compete in only one region per year.
  • Students may not participate in more than one team per year.

Grand prize winners from previous years’ competitions are not eligible to participate in the competition. They are encouraged to participate as speakers, mentors, volunteers, and judges! Individual members of the winning team may return with new teams in subsequent years. 

The following rules apply to teams with incorporated ventures (teams do not need to have incorporated legal entities): 

  • Cumulative public and private capital raised may not exceed $100,000. This does not include research funding that may have supported the development of technology in an academic laboratory.
  • The business venture must be at least 80% owned by students.

The New York Business Plan Competition reserves the right to withhold prize money from winning teams who do not comply with the eligibility requirements.

Track Definitions and Judging Criteria

The competition is divided into six categories, called tracks, at all levels of competition.

To keep pace with our rapidly changing world and to provide a balanced competition, track definitions will be finalized and announced in early March.

This will allow time for a review of this year’s applicants. Students will no longer select a track on their applications, but will instead select one or more category tags. These tags may align with the track definitions or with special prize definitions or with neither. They could relate to the type of business, attributes of the team, the type of product or service, or target markets or customers.

The list of tags will not be finalized until the student application opens in January, but some possible tags could be agtech, athletics, clothing, college students, education, entertainment, environmental Impact, fintech, food, government, medtech, mental health, military, mwbe, social impact, software, travel, utility, veteran-owned.

Student teams will be informed of their track assignments prior to the regional competitions.

Teams in each of the tracks may represent for-profit or non-profit ventures. All tracks are judged according to the same criteria and rubric.

For more information on the track definitions and judging criteria please see the 2022 Rule Book.

Prize Information
  • 1st Place Track Winners - $500
  • 2nd Place Track Winners - $250
  • Capital Cup - $1,000
Sponsorships

The New York Business Plan Competition is New York State's premier collegiate business plan competition, attracting entrepreneurial-minded college students from throughout the state. Celebrating its 13th year, the Capital Region regional qualifying event will generate proceeds to support ongoing student programming, to ensure access to the best entrepreneurial education.

 

Sponsorship Opportunities

Presenting Sponsor: $5,000

  • Opportunity to welcome the group 
  • Inclusion in all media releases, web articles and other promotional materials related to the event noting your company as the Presenting Sponsor  
  • Company name/logo listed on event website and program 
  • Thank you & recognition during and post-event 
  • Exclusive opportunity to join program director in check presentation to winner 
  • Display a sign or banner at the event  
  • Opportunity to distribute a gift appropriate to the event

 

Lunch Sponsor: $2,500

  • Inclusion in all promotional materials related to the event noting your company as a Lunch Sponsor  
  • Company name/logo listed on event website and program 
  • Thank you & recognition during and post-event 
  • Display a sign or banner at the event  
  • Opportunity to distribute a gift appropriate to the event

 

Partner Sponsor: $1,000

  • Inclusion in all promotional materials related to the event noting your organization as the Partner Sponsor  
  • Company name/logo listed on event website and program 
  • Thank you & recognition during and post-event 

 

Friend of the Competition – $500

  • Company name/logo listed on the event website and program

 

How to Sponsor

Complete and send the sponsorship form.

For more information contact [email protected].

New York Business Plan Competition

The NYBPC is New York’s intercollegiate entrepreneurship competition that, since 2010, has provided a platform for training New York’s next generation of entrepreneurs and launched new ventures, commercializing innovations developed on college campuses across New York.

Statewide competition with 500+ competitors on 200+ teams from 50+ colleges and universities, since 2010.

  • Over 30% MWBE participation last year
  • Over $150M+ economic impact including follow-on funding for 100+ startups
  • From community colleges to ivy league schools, teams come from across the state to compete and win

For more information, please visit the NYBPC site.