New York State High School Business Model Competition
Our annual New York State High School Business Model Competition offers high school students an opportunity to showcase their business model in an educationally-competitive environment.
At this all day event held at Siena College in Albany, NY student teams (1-4 members) present their ideas in front of their peers and judges (successful entrepreneurs, business professionals, institutional faculty) culminating in an awards ceremony where prizes will be awarded for 1st, 2nd & 3rd place as well as 6 specialty awards.
Prior to competition day, teams will upload a video (no longer than 10 minutes) to YouTube where a coach (successful entrepreneurs, business professionals, institutional faculty) will review it and provide feedback. Coaches will be matched with teams according to the subject of the business idea.
Video submission is mandatory for each team registered in the competition.
There is no cost to participate.
Some examples of benefits to students are:
- Producing and persuasively presenting a credible business model (thereby significantly enhancing an ability to secure funding)
- Improving key transferable skills such as written and public speaking, collaboration, experience reacting to on the spot challenging questions
- Receiving support and critical independent analysis of their business model, access to potential mentors
- Adding the experience to a college application and/or resume
- Opportunity to experience what their peers are developing outside of their own community
We welcome all former participants and encourage new participants to experience the opportunity to express business ideas in an educationally competitive environment.
Helpful Information & Resources:
Let’s Talk About the Canvas Pt 1: Value Proposition, customer segments & customer archetype
Let’s Talk About the Canvas Pt 2: Channels & customer relationships
Let’s Talk About the Canvas Pt 3: Key activities, partners & resources
Let’s Talk About the Canvas Pt 4: Revenue & expense
2018 Video Interview Series
Check out this series of videos where students, teachers and judges share insights on benefits of entrepreneurship and how to prepare for the NYS High School Business Model Competition.
A successful skill for life
See what Kevin Smith, Technology Teacher at Shaker High School, in Latham, NY has to say about the life long benefits of entrepreneurial thinking.
So, what does motivate you – why are you doing this?
Bruce Toyama, Co-founder of IgniteU, a business accelerator, says if it’s more than just money, you may be on to something!
Be confident, and believe in your product — but also take all the feedback you receive into careful consideration.
Creator of Magnet O Wear, the 2017 winner of the Business Model Competition shares her advice for students entering the competition this year.
Discovering the real needs of your customer means talking to potential customers.
I to I, a team from Emma Willard School, faced rejection but didn’t give up – their message, be brave.
As you go down the entrepreneurial path you learn more about yourself and as I to I found out, learn how to leverage each team member’s strengths.
Meet Steve Lobel, a serial entrepreneur and investor who speaks about entrepreneurship as a form of discovery – what excites you?
To kick off our interview series meet Nick & Chris formerly of Shaker High School who presented Hydro Eye last year and Social Studies Teacher Mr. Lucas Snow, of Clean Technologies Early College High School.
As a presenter, what should the presentation focus on?
What Hydro Eye learned from their participation in the 2017 competition:
F= Failure, but that’s ok!
What Mr. Snow has to say about failing:
For information regarding the 2018 High School Business Model Competition, please contact Ellyn Ford at CEG.
2018 NYS HS Business Model Competition Winners
*First Place Winner $1,000 – Allerg-Ease
Shaker High School, Latham, NY
An application for the improvement of allergen communication in restaurants. This benefits people with food allergies and restaurant owners. We are saving restaurant owners’ money and the lives of their customers.
*Second Place $300 -StoClean
Emma Willard, Troy, NY
An energy-conserving stove attachment that helps people in developing countries who are suffering from the myriads of issues caused by the smoke from cooking with biomass fuels.
*Third Place $200 – Firetech
Shaker High School, Latham, NY
At FireTech, we prevent child fatalities through the use of advanced technology. We have programmed an Amazon Alexa skill that will communicate with other smart home features such as Nest smoke alarms and Phillips Hue light bulbs.
*Rising juniors from the first, second & third place teams are eligible to win the following scholarships: Rensselaer Polytechnic Institute (Troy, NY) Early Entrepreneur Scholarship ( $40,000 (1 available) Siena College (Albany, NY) $20,000 (2 available)
Most Socially Beneficial: BE, La Salle Institute, Troy, NY
Best Positioning Statement: UVC, Shaker High School, Latham, NY
Best Financial Analysis: Pawsperity, Emma Willard School, Troy, NY
Most Globally Orientated: Mutatio, The Storm King School, Cornwall on Hudson, NY
Most Competitor Savvy: Hot Insole, Emma Willard School, Troy, NY
Best Use of Emerging Technology: Sandon Security, Shaker High School, Latham, NY