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: www.creativecoreny.com
