Green Innovations

Developing renewable and clean technology companies in New York

Thursday, October 15, 2009

$200,000 Emerging Business Plan Competition announcement: The largest, privately funded competition in the country

The largest privately funded business plan competition in the country was announced today by Allen Naples (right), regional president of M&T Bank, along with title sponsors that include NYBDC and the Metropolitan Development Association - Central Upstate Regional Alliance.

The competition will feature a $200,000 cash prize to the most investable emerging business in the Central Upstate Region of NY -- a corridor that has achieved brand identity as "New York's Creative Core."  The announcement of the $200,000 grand prize marks the doubling of previous prizes.  

NYS Lt. Governor Richard Ravitch (left) was on hand for the announcement, and commended regional private sector leadership for raising such a significant prize round.  This brings the total of cash prizes -- all from the private sector -- to more than $500,000 over the three previous rounds.  

Previous winners were e2e materials, Mesmeriz and Widetronix -- all developers of emerging technologies.

To learn more about the application process, timeline and guidelines: