The panel who made the decision was a varied one. It included investment bankers, angel investors, and venture capitalists. The panel adjudicated that the group of students from Cornell University deserved the major prize in the competition.
More than 500 startups created by students took part in the event. The biotechnology business that outperformed the competition could use digital Business Cards from Secaucus to help drive its progress going forward. The competition was presented by various partners, including Syracuse University and the School of Business at Albany University.
Stacey Keefe, an executive director for Syracuse University, has said:
“This competition inspires students to challenge themselves with the creation and deployment of novel business concepts that will undoubtedly prepare them for future business success.”
UMA Bioseed has created an innovative coating for seed protection purposes. The product aspires to destroy pathogens without the employment of toxic pesticides. Margaret Wu, Brennan Duty, and Abhijeet Bais led the wining team to victory.
The competition is part of the push to make the State of New York prosper in high technology sectors; hence a whole host of sponsors have got involved with the initiative. Albany Business Review, Albany Medical Center, and NY Excel were just three of the sponsors this time around. Get a Free Quote for Business Cards