A competition where the best Stony Brook students’ business ideas or start-up businesses
compete for a cash prize to be used to invest into their business.
Any undergraduate and graduate student who is currently attending Stony Brook University.
Yes, international students can enter a business into the Stony Brook Entrepreneurs
Challenge, but that business must be based within the United States. Prizes cannot
be sent out of the country.
Please complete the Stage 1 application form and submit a clinet request for counselling
form to reserve an appointment with an SBDC busniess advisor.
Yes, there is cash prize that must be used to move the business you are presenting
forward, and not to pay previous debts nor for personal use. Cash amount will be determined
by the judges at the 3
rd and final presentation day. The largest cash prize awarded to date was $ 35,000.
If your answers for the questions for Stage I are detailed and specific, and you
are suggesting a legitimate, innovative business idea, your entry will be accepted.
While technology-oriented businesses are preferred, any type of business is acceptable,
as long as it is a “real” business and not a mythical, whimsical business idea—which
will not result in winning a cash prize.
As many past winners have, you may seek help from the Certified Business Advisors
of the Small Business Development Center located in Building 17 at the Research &
Development Park here at Stony Brook University. In addition, competitors are free
to seek counseling from whomever they choose, including Stony Brook University professors
or persons outside the University.
Yes, as long as you enter before the scheduled deadline for Stage III—the final stage—where
the winner will be chosen. If you fail to reserve a time slot one week before the
start of Stage III, you will be dropped from the competition and will receive an email
stating so. Competitors who do not enter Stage I or Stage II will not be eligible
for SBDC counseling, and will not receive the preliminary feedback from the judges.
To provide you with constructive feedback, including tips, suggestions on improving
competitors’ Stage III presentations and business plans.
You must email us a copy of your PowerPoint presentation 24 hours before you make
your Stage II presentation, so that all PowerPoint presentations can be uploaded to
the computer beforehand. Please bring five copies of your PowerPoint presentation
and your business plan to your scheduled STAGE III presentation. Hint: It is wise
to dress in business attire as you want to appear professional and make the best impression
on the judges.
The panel of judges is comprised of business professionals from local communities,
angel investors, and possibly, SBDC Advisors and/or other Stony Brook University professionals.