Teams compete for startup funding and business services valued at $75,000. The Panasci Technology Entrepreneurship Competition (Panasci TEC) was created by the UB School of Management and the UB Office of Business and Entrepreneur Partnerships, and is funded with a $1 million endowment from the late Henry A. Panasci Jr. to facilitate and promote the commercialization of UB-generated technologies.

Hosted by UB’s Blackstone LaunchPad, the event brings together UB students from science, technology, business and other disciplines to maximize their potential and create viable businesses in Western New York.

Five finalist teams give live pitch-style presentations in April each year, competing for a top prize of $25,000 in startup capital and in-kind services valued at $40,000. A $10,000 prize is given to the second-place team.

For more information, contact UB’s Blackstone LaunchPad at [email protected] or 716-645-8111.