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Student Start-Ups Take On the Panasci Business Plan Competition

Student Start-Ups Take On the Panasci Business Plan Competition

Each year, the Martin J. Whitman School of Management’s Falcone Center for Entrepreneurship hosts the Panasci Business Plan Competition, a campus-wide student business plan event designed to cultivate the entrepreneurial spirit of students as they create growth-oriented business models.

This competition is open to undergraduate and graduate students from Syracuse
University and the State University of New York College of Environmental
Science and Forestry. For many participants, this is their first real opportunity to
pitch their ideas. However, for those with more developed businesses, the competition is an opportunity to further refine their products and get feedback from successful business professionals. In addition to receiving experience and advice, students compete to win cash prizes.

Elizabeth Tarangelo and Kayla Simon, juniors in the College of Engineering and Computer Science at Syracuse University, won the $20,000 first place prize or their business, In-Spire, which creates wearable asthma inhalers. A $7,500 second place prize and the $5,000 Gilded Social Rising Entrepreneur Award was given to Julia Haber, a senior in the S.I. Newhouse School of Public Communications, for her company WAYV, which developed an innovative method for large brands to market their products to college students. A $2,500 third place prize, the $3,000 Student CNY Business Award and the $5,000 Fetner Sustainable Enterprise Award were earned by Miruku, cofounded by Whitman School MBA students Thuy Nguyen and Giorgio Parlato. Miruku manufactures a plant-based milk alternative. Taste Buddy, founded by Whitman seniors Refjola Malushi, Nicole Kibler, William De La Vera and Daniel Fridliand, was given the $1,000 Carol Nulman Social Enterprise Award. Taste Buddy created a supplement that promotes faster absorption of nutrients.

Guanlin Li
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