Panasci Business Plan Competition

Launch Your Venture
The Panasci Business Plan Competition is a campus-wide student business plan competition, hosted by the Falcone Center for Entrepreneurship in the Whitman School of Management, and made possible by long-time Whitman School supporter, the late Henry A. Panasci, founder of Fay’s Drugs.

While there are many steps involved in translating great ideas into great businesses, a key step is the creation of a business plan. A business plan may address the uncertainties surrounding the many decisions you have to make about your businesses. It is a blueprint and a roadmap.

The Competition
Any team of students from any school or college at Syracuse University can enter the Panasci Business Plan Competition. Individuals can also enter; however, the team leader must be enrolled as a student in an SU program. The submissions must be the teams' own original work and ideas.

Get Help with Your Plan
The faculty in the Department of Entrepreneurship and Emerging Enterprises works with student teams to enhance their business plans. Online resources on how to create a business plan are available and preparing financial statements. The Falcone Center offers special sessions with partner accounting and law firms, and occasionally hosts sessions with experts on subjects such as intellectual property and presenting financial presentation. The Falcone Center also is home to a video library of presentations of former business plan competition teams. Download the Nuts & Bolts Guide to Writing a Business Plan for an overview of creating your plan.

Prizes
Prize money is awarded to the top three teams whose new venture ideas represent the best potential for growth and for attracting outside financing.

The Fetner Prize in Sustainable Enterprise recognizes the Panasci Business Plan Competition entry reaching the final round of the competition that has the greatest potential for positive impact on society and the natural environment and best recognizes the interconnectedness of economic, environmental, and social considerations. The Fetner Prize is made possible through the generosity of  Hal Fetner '83 BS, president & CEO of Durst-Fetner Residential, and his wife, Nina Fetner.

The Goldberg Prize for Technology and Innovation recognizes the Panasci Business Plan entry that leverages advanced use of technology to create a scalable, profitable venture that provides value to customers, society, and shareholders alike. The Goldberg prize was established by Lee Goldberg, the Co-Founder and President of Vector Media Group, who is a 2007 graduate of the Whitman School of Management.

All ideas must be successfully communicated and presented to the independent panel of judges. All the winners need to submit their corporate documents and request prize money by December 31st of the year in which they win. Prize money not claimed by the December 31st deadline will be forfeited.

Award		Prize
	1st Place	$25,000
	2nd Place	$10,000
	3rd Place	$5,000
Fetner Prize in Sustainable Enterprise		$5,000
Holtz Prize in Global Enterprise		$5,000
Goldberg Prize in Technology & Innovation		$2,500

Past Winners

	Award	Team Name	Team Members
2012
	1st Place	Fiesta Frog	Gerald Decelian, Benjamin Joseph, Dylan Hsu, Kyle McShane
	2nd Place	Craftistas	Camille Malkiewicz, Marissa Rehkopf, Troy Zellers, Marina Zarya
Fetner Prize in Sustainable Enterprise		WaterPort	Chris Grant, Victoria Di Napoli, William Craine, Hunt Lau
Holtz Prize for Global Enterprise		WaterPort	Chris Grant, Victoria Di Napoli, William Craine, Hunt Lau
Goldberg Prize for Technology & Innovation		PsyQic	Keisuke Inoue, Bin Zhu, Laura Beachy, Gabrielle Gosselin
2011
	1st Place	PiezoTouch, Inc.	Leena Chitnis
	2nd Place	Rylaxing, LLC	Ryan Dickerson, Stephen Fox, Michael Santaniello, Danielle Waugh, Case Wayne
	3rd Place	GraFighters	Dave Chenell, Eric Cleckner
Fetner Prize in Sustainable Enterprise		PiezoTouch, Inc.	Leena Chitnis
2010
	1st Place	SkillAddiction.com View Video	Taylor Louie, Ray Williams
	2nd Place	DYNDEC View Video	Matthew Kelly, Joel Collier, Scott Annable, Dan Srbinovski
	3rd Place	Rylaxing, LLC View Video	Ryan Dickerson
Fetner Prize in Sustainable Enterprise		EcoBaggeez	Tom Lyga and Beth Race
2009
	1st Place	BSApp, Inc. View Video	Greg Ackerman, Peter King
	2nd Place	Brand-Yourself.com View Video	RJ Sherman, Pete Kistler, Trace Cohen, Evan Watson
	3rd Place	Food2Joules View Video	Amina Isakovic, Alanna Simpson, Preeth Muthusamy, Joon Choi, Lindsay Perez, Cheng-Mou Wu
2008
	1st Place	Dream Water View Video	Vincent Porpiglia, Gregory Porpiglia, Michael Gursha
	2nd Place (Tie)	Light Innovations View Video	MC Mabele, Mohammad Haeri, Morteze Haeri
	2nd Place (Tie)	Some Where Out There View Video	John Cuyler, Matthew Malone, Graham Tuttle, Salvatore D’Ameilo
2007
	1st Place (Tie)	Logmedia	Kevin Prince, Alison Pellingra, Emily Wasco, Evan Olesh, Janet Levine
	1st Place (Tie)	Zapdot Interactive, LLC	Michael Carriere
	3rd Place	Funk n’ Waffles	Adam Gold, Kyle Corea, Andy Sick, Mary Stotler
2006
	1st Place	Fresh Cut Florals	Erica Fand, Shelley Kohan, Meghan Kohl, Lauren Kopach and Erin Wilson
	2nd Place	Spiral Software Systems	Joshua Wein and Reuben Kerben
	3rd Place	Track-It	Sharon Lai, Polar Humenn, David Grandinetti, Keith Costello, James L. Howison, Ryan Dick
2005
	1st Place	TDX	Gary Jaye
	2nd Place	SweetRack (Advanced Carrier Systems, LLC)	Michael Defosse, Bruce Gowing, Steve Raymond
	3rd Place	Critical Communications, Inc	Dr. Youngki Hwang, Stuart Card, Fred Tims, Michael Joseph, William Chappell, Larry Ames
2004
	1st Place	One Click Video	Matthew Dacey, Matthew Duffley
	2nd Place	RateMyClass.com	Adam Peruta, Aprelle Watkins, Dave Camporelli
2002
	1st Place	Hermes	Justin Silverman, Emily Kulkus