Applications open for 2020 Panasci Business Plan Competition

Alec and Quinn with prize check

Applications close January 24 for the Panasci Business Plan Competition, a $42,000 campus-wide student business plan competition, hosted by the Entrepreneurship and Emerging Enterprises Department of the Whitman School of Management.  Full and part-time students at Syracuse University and SUNY-ESF are eligible to apply to the competition and are highly encouraged to take the one-credit EEE Panasci Business Plan Lab course to help them prepare their plan and the chance to advance to the semi-finals and finals, held on April 10-11 in Syracuse, NY.  The one-credit course if being taught by Elvis Avdic, IVMF Program Support Services Advisor, and adjunct faculty at Whitman.  For permission to enroll in the class, contact Avdic at for the competition by the January 24 deadline here.

Competition guidelines:

  • Team leader must be a full-time or part-time matriculated student, undergraduate, or graduate level, who is currently enrolled in and pursuing a degree program, and who is registered at Syracuse University or SUNY ESF. Other team members can be non-SU/ESF students or community members
  • Ideas submitted as part of a team’s new business venture must represent the original work of the team members
  • If the new venture has already received funding from any outside sources (angel investors, other competitions, etc.), amounts, investors, and dates of funding must be disclosed in the initial entry – funding must not exceed $100,000
  • Prize money is granted only to the business entity that the winning team forms, e.g. a corporation or LLC
  • Applications are due by midnight on January 24, 2020.
  • At least one member of each team must attend the competition’s orientation session (TBD).

The Panasci Business Plan Competition rewards both the innovativeness of the idea and the quality of the plan, including innovative thinking regarding new markets, products and services, coupled with the ability to strategize on how to make it happen.

Rules and Regulations 

View the rules and regulations of the annual competition.

Photo:  2019 Panasci grand prize winners, Alec Gillinder and Quinn King, co-founders of MedUX