The Kaylie Prize winners receive a $50,000 prize and 24/7 access to the Zahn Center to develop their business idea.
The Kaylie Prize is an annual entrepreneurship competition for students, staff, faculty and alumni of City College conducted in the CCNY Zahn Center for Entrepreneurship. The Kaylie Prize for Entrepreneurship was established in 2010 through an endowment by alumnus Harvey Kaylie. Mr. Kaylie is president and founder of Mini-Circuits, a Brooklyn-based RF and microwave electronic components design, manufacture and distribution company. Established in 1969, the company has grown into a global leader in RF, IF, and microwave components for commercial, industrial, space, and military applications. The Kaylie Prize for Entrepreneurship has developed into one of the most innovative and exciting entrepreneurship mechanisms in New York City, facilitated rapid acceleration of commercialization of student generated ideas.
This year the Kaylie Prize will be closely linked with the Zahn Prize. If the business idea requires building custom developed hardware, then it should be entered into the Kaylie Prize. If the idea does not involve custom developed hardware, then it is eligible for entry in the Zahn Prize.
The Kaylie Prize will be accepting entries until November 30th 2013, and will announce by December 13th the selection of 5 semi-finalist teams that will compete for the Grand Prize of $50,000. Each semi-finalist team will have a budget of $2,000 to build their business and four months to advance their business as much as possible, including developing a feasibility prototype, presenting their progress at a final gala held around April 2014.