Winners Selected for RIT Undergraduate Business Plan Competition

Forty-eight student entries submitted in the competition’s first year

The entrepreneurial spirit is paying dividends for a handful of ambitious and creative students at Rochester Institute of Technology. Winners have been selected for the RIT Undergraduate Business Plan Competition.

Kyle Scholz from the B. Thomas Golisano College of Computing and Information Sciences and Jonathan Ross from the Kate Gleason College of Engineering took first prize. Their business plan for coFu earned an award of $4,000. Second prize, worth $2,000, went to Michael Cutaia, College of Business, for his ICON Consulting Inc. entry. Anatoly Shilman, College of Applied Science and Technology, and Marc-Anthony Arena, College of Business, received a third-prize award of $1,000 for their Shaker’s Blends plan.

The competition was sponsored by RIT’s College of Business, but students from the university’s eight colleges were invited to submit entries. Thomas Hopkins, COB dean, states, “The popularity of the competition exceeded our expectation. In its first year, 48 business plans were submitted.”

All of the winners will be honored during the VandenBrul Entrepreneurial Award Luncheon on March 25 at Oak Hill Country Club.