Field narrows for annual Panasci Competition at Whitman

Field narrows for annual Panasci Competition at WhitmanMarch 26, 2009Amy Schmitzaemehrin@syr.edu

Out of 100 student teams who applied to compete in the Panasci Business Plan Competition, the field was originally narrowed to 32 for the annual competition held in the Whitman School of Management at Syracuse University. After a rigorous review process, 12 teams have been selected to advance to the semi-finals. The semi-finals will be held on April 17, and are hosted by the Falcone Center for Entrepreneurship in the Whitman School.

This year’s business plans represent a diverse collection of entrepreneurial ideas from across the SU and SUNY College of Environmental Science and Forestry (SUNY-ESF) campuses, including plans for a mobile golf center, an organic fish farm and a virtual real estate business for campus housing. Each team has been provided with two mentors, and various workshops will also be available for the teams in preparation for the semi-finals.

During the semi-finals, the 12 teams will present their business plans to Syracuse-area business leaders. The teams will be judged on creativity, innovation, feasibility, comprehensiveness and their oral presentation.

The top four teams will proceed to the finals in the hopes of winning up to $40,000 in prizes. The finals will be held on April 18 in the Lender Auditorium, located on the concourse level of the Whitman School building.

For more information about the Panasci Business Plan competition, contact Mirza Tihic, program manager in the Falcone Center, at (315) 443-3445 or mtihic@syr.edu.