Twenty Engineering Capstone and Business students representing six teams from Shaker High School participated in the Center for Economic Growth’s 2016 High School Business Plan Competition, hosted by Siena College on May 25.
The high school business competition requires each team to develop a unique and innovative business concept and prepare a ten-minute presentation that would inspire potential investors to provide the seed money necessary to start a company and implement the students’ business concept. Teams receive valuable feedback from members of the community, management scholars, and business leaders that helps prepare them for future opportunities.
The competition provides an opportunity for student teams to exchange ideas in an intellectually vibrant environment and win prizes for innovation. It also offers students the opportunity to improve their business plan and entrepreneurial and communication skills through coaching.
Of the six Shaker teams that competed, three received specialty awards:
- Lea Sposito, Michael Naclerio, Mark Calicchia and Nick Raghubar were recognized for Best Use of Emerging Technology with their Renewable Energy Crossing Solutions, a solution to protect drivers at train crossings without safety gates.
- Best Positioning Statement was awarded to Brian Nicpon, Austin Wyles, Anthony Gorman and Isabella Marchese for Atlas, a remotely operated balloon that gathers data to aid in search and rescue missions.
- Akhil Jacob, Thomas Bethon, Cameron Cutrin and Zach Riss, developers of Safe Home Solutions, a technology used to protect consumers from residential fires received an award for the Most Competitor Savvy.
The other participating teams included:
- Vivek Peri and MichaelSavchenko who developed an electronic trail guidance system called HikeIt! that alerts hikers when they have strayed from the approved path.
- William Schaefer, Matthew August and Thomas Thibodeau created InVest Solutions, an on-person oxygen monitor that measured O2 levels in at-risk workers.
- Andrea Bailey, William Kachidurian and Kennedy Lloyd who invented a safe and effective way to purify water without power called Emergency Water Restoration Solutions.
CEG declared this year’s event a success as student participation in the competition nearly doubled from the prior year — with 24 teams totaling 65 students from as far north as Alexandria Bay, NY to as far south as Bergen County, NJ.
Congratulations to our student teams!