Future CEOs pitch ideas at BU

By Amanda Hari

April 12, 2014 Updated Apr 13, 2014 at 12:08 AM EDT

Binghamton, N.Y. (WBNG Binghamton) Future business leaders presented their own future businesses in a state-wide competition on Saturday.

The regional round of the 2014 New York State Business Plan Competition was held at Binghamton University.

Undergraduate and graduate students from Binghamton University, SUNY Broome, Cornell University and Ithaca University pitch ideas on healthcare, energy, information technology, nanotechnology, product services or non-profit businesses.

“I think it’s a great opportunity," said Per Stromahoug, the Executive Director of Entrepreneurship and Innovation Partnerships at Binghamton University. "Either they can start a business on their own or they can tell future employers that they started a business,”

There were a total of 31 teams and hundreds of students participating in the event.

"Students learn how to present themselves and come up with good ideas,” Stromahoug said. “To really think about something that can create both something good for the community and society as well as something that can become their livelihood if they're successful creating this business."

The winner of Saturday's competition was SnoBall from Ithaca College. SnoBall is a multifunctional, adaptable personal ice massager designed to improve healing by combining the anti-inflammatory and pain reducing qualities of ice with the tissue remodeling capabilities of massage.

Ten teams in total will advance to Albany to compete for half a million dollars - two in each of five categories. A total of $15,000 was awarded in prizes across 13 teams of the 31 that competed on Saturday.

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