Geneseo Teams Advance to Finals in Business Plan Competition
Dr. Judy Albers, VanArsdale Chair in Entrepreneurship, reports that three Geneseo teams were among the ten selected to advance into the New York Business Plan Competition (NYBPC) Finals at SUNY College of Nanoscale Science and Engineering (CNSE) in Albany on April 25, 2014.
Six Teams from Geneseo competed at the semifinal round at the University of Rochester on April 9: Plastofuel, Finger Lakes Opera, Minerva, Pegasys, Visoworld, and Skooloko. Plastofuel, Visoworld and Skooloko were selected to advance.
Teams typically include at least three students plus an industry expert, value-added professional, attorney and coach. Geneseo's teams began preparation for this competition as part of Dr. Albers' spring 2014 "Idea2Venture" class that was the initial offering in Geneseo's entrepreneurship initiative.
The top teams from each of New York's 10 regions will go head-to-head for the grand prize. The NYBPC is the only leading collegiate business competition that is a regionally coordinated, collaborative statewide program representing over 55 colleges and universities; this sets it apart from all other competitions in the nation.
Student Managed Investment Fund (SMIF) reports gain, pitches equity
The SMIF Team reported on Q1 results to the SMIF Executive Advisory Board at the Annual Spring meeting from 7:30 - 9:30 on Wednesday, April 9, 2014 at Oak Hill Country Club, Rochester, NY. The SMIF fund managers reported that the portfolio had experienced a gain of apporimately 0.43% during Q1, reaching a total of $236,063. By comparison, the Nasdaq and Dow have increased 1.355 and 0.10% during the same period. SMIF managers Taylor Weeks, Jacki D'Angelo and Nick Russo also pitched BlackRock (BLK) to the Board, citing its financial health, sturdy management, and market leadership as well as projected future growth.