Rensselaer’s Lally School Supports High School Entrepreneurs with Inaugural Business Plan Competition
Rensselaer’s Lally School of Management and Technology hosted its first business plan competition for high school students on May 30.
At the event, ten student teams pitched their innovative ideas to a panel of management scholars and area business leaders.
The teams were comprised of students from high schools, including:
- Academy of the Holy Names
- Mohonasen High School
- Shaker High School
- Tamarac High School
- Tech Valley High School
- Bronx High School of Science
Earlier in the year, students were invited to submit business plans for a student-born innovation. The proposals submitted focused on areas such as: sustainability, renewable energy, technology, services, and natural health care.
During the preliminary rounds of the competition, each team delivered a ten-minute presentation to the coaches and judges. Throughout the day, students received feedback and suggestions for improvement.
After a final round later that day, an award ceremony recognized the top three winning teams, who shared a portion of the $5,000 in cash prizes:
- First place: “Amadeus” – Bronx High School of Science
- Second place: “JEric Innovative Telescopic Docking System” – Shaker High School
- Third place: “PowerPix” – Academy of Holy Names
The competition was also sponsored by The Paul J. ’69 and Kathleen M. Severino Center for Technological Entrepreneurship, centered in the Lally School, which helps to foster new generations of budding and successful entrepreneurs through outreach programs, education, and support systems.