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Thursday, October 26, 2006

Henry A. Panasci Jr. Technology Entrepreneurship Competition

ATTENTION STUDENT INVENTORS AND ENTREPRENEURS:

Have you always dreamed of owning your own business and working for yourself? Well this is your chance to make that dream a reality! Apply now to enter UB's fourth annual Henry A. Panasci Jr. Technology Entrepreneurship Competition and win up to $50,000 in seed capital and business services.

The Henry A. Panasci Jr. Technology Entrepreneurship Competition (Panasci TEC) was initiated in 2004 and is funded with a $1 million endowment from the late Henry A. Panasci Jr. (former CEO of Fays Drugs)to facilitate and promote the commercialization of UB-generated technologies. It is designed to bring students from science and technology disciplines together with students from the School of Management to launch new businesses in Western New York.

Panasci TEC awards seed money and business services to the teams that present the best plan for the launch of a new business. The winning team will receive $25,000 in seed capital as well as in-kind services, and the second place team will receive $10,000 in seed capital.

As the competition enters its fourth year, we would like to increase participation. We are seeking participants with innovative ideas in the life sciences, technology and engineering industries to partner with current students or recent graduates from the MBA program at the School of Management.

To find out more about how you can become part of a team, please join us at our information session:
October 30, 2006, from 5 - 6:30 p.m. in 205 Alfiero Center

If you would like to learn more about the competition, please attend the information session or contact the Center for Entrepreneurial Leadership at mgt-cel@buffalo.edu or 885-5715 for more information. You can also visit our Web site at http://mgt.buffalo.edu/cel/tec.shtm to complete an application and learn more about the competition, rules and timeline.