April 04, 2014

Graduate students from Albany nanocollege win regional business competition

By: Megan Rogers

Source: The Business Review

A team of doctoral students from the College of Nanoscale Science and Engineering are headed to the final round of a statewide business plan competition after their product to improve LED light efficiency took at a regional competition at the Albany, NY nanocollege on Thursday.

The three students behind Good Light said their technology and business plan were born out of frustrations they encountered in their own lab work. Ph.D. candidates Puneet Suvarna, Jeff Leatersich and Jack Bulmer will present their technology, which increases the yield of LED lights, at the New York State Business Plan Competition later this month.

About thirty teams from area colleges and universities competed in the semifinals and twelve are headed to the finals. Ten regional competitions feed into a final, statewide competition, which will be held at the nanocollege on April 25.

This year is the fifth annual statewide competition. The quality of the presentations has increased tremendously over the years, as has the number of students participating, said Pradeep Haldar, vice president of entrepreneurship innovation and clean energy programs at CNSE.