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green products winners announced, february 1, 2008
 The Foster Student Innovation Center hosted the oral presentations for our Green Products Competition on Thursday. We had four student teams compete for the top prize of $5000 toward starting a new business.
Justin Jamison (pictured above receiving his certificate) and Brooks Einstein took top place for their plan, Local Food Solutions. They propose to set up a microprocessing facility for organic milk to supply the Greater Bangor Region. Both are MBA students. Justin has several years of experience in agricultural management and Brooks has experience in store leadership with Whole Foods Market, currently the world leading retailer of organic and local foods.
Second place went to Willis Beazley for his plan to make soaps from glycerin that is a byproduct of making biodiesel.
We look forward to working with these students as they continue to evaluate their plans!
original competition guidelines
Participants should describe the commercialization of a “green” product that is made from bio-based materials or made from recycled or recyclable materials, or a technology that reduces environmental pollution or produces renewable energy. Winning participants will receive prize money to launch a business with the support and guidance of the Foster Student Innovation Center team!
Awards
First Place: $5000*
Second Place: $1000*
Encouragement Award: $500*
*Prize money must be used for eligible business expenses as defined by the Forest Bioproducts Research Initiative (FBRI).
Eligibility
1. Participants should be full or part-time undergraduate or graduate students registered for 2007-2008 academic year at any college or university in Maine.
2. Business plans may be submitted by an individual or by a team of students.
3. Teams may include non-students as long as at least one student member is an integral partner in the project.
4. A team may not consist of more than five members.
5. Business plans must be for a start-up business and not for an existing business.
6. Teams may submit a plan for their own product idea or one provided by the FBRI. Information about product ideas provided by the FBRI will be presented at the November 2007 workshop.
Dates to remember
October 25, 2007, 12:30 – 1:45 pm: Market-Based Conservation Lunch and Learn at the Foster Student Innovation Center (FSIC)
November 14, 2007, 3-5pm: How to Write the Plan Workshop at the FSIC
November 28, 2007, 3-5 pm: Green Products Business Opportunities Workshop at the FSIC
December 21, 2007, Noon: Application form due at the FSIC
January 24, 2008, 4pm: Competition plan due at the FSIC
January 31, 2008, 3–5pm: Oral Presentations
February 1, 2008, 2pm: Winners Announced and Awards Given
(Participants may request assistance for the business plan and green business opportunities through January 17, 2008).
Download Application Materials
Application Form (due 12/21/07)
Business Plan Guideline
>> Return to 2009 Green Business Proposal Competition
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