$50,000 Kaylie Prize Promotes New Technology Start-ups

The Kaylie Prize for Hardware presents the next generation of technology start-ups. Five City College start-ups are competing for a $50,000 grand prize and a $5,000 audience prize, with the winners to be chosen Friday, May 16. The competition final event runs 4:30 – 8 p.m. in the Faculty Dining Room on the 3rd floor of the North Academic Center at The City College of New York campus.


Now in its fourth year, the Kaylie Prize has implemented for the first time a hardware theme for competing start-ups as well as its first audience prize, with event attendees voting for their favorite start-up. All participating companies are developing products that require a physical device, with its corresponding challenges of design, engineering and manufacture.

The Kaylie Prize for Entrepreneurship was established in 2010 through an endowment by City College alumnus Harvey Kaylie, ’60. Mr. Kaylie is president and founder of Mini-Circuits, a Brooklyn-based RF and microwave electronic components design, manufacture and distribution company.

The five semi-finalists have not only developed working prototypes that they will demo at the event, but have also already secured initial customers. Through their products, these start-ups aim to disrupt industries as varied as professional networking, skateboard safety, medical diagnostics and commercializing the dream material, Graphene. A list of the semi-finalists and complete agenda for the event can be found on the Zahn Center web site.

In addition to the $50,000 grand prize, the winner will also be admitted into the Zahn Innovation Center, a start-up incubator on campus, and will receive free legal and accounting services.

The final event begins at 5 p.m. with presentations by previous Kaylie Prize winners. Starting at 6:30 p.m., the audience can vote for their favorite start-up to help them win the $5,000 Audience Choice Prize. A reception will follow at 7 p.m. and winners will be announced at 7:30 p.m.

The event is free and open to the public, however an RSVP is required. To RSVP, go to: http://bit.ly/1kJBjjM.

About The City College of New York
Since 1847, The City College of New York has provided low-cost, high-quality education for New Yorkers in a wide variety of disciplines. More than 16,000 students pursue undergraduate and graduate degrees in: the College of Liberal Arts and Sciences; the Bernard and Anne Spitzer School of Architecture; the School of Education; the Grove School of Engineering; the Sophie Davis School of Biomedical Education, and the Colin Powell School for Civic and Global Leadership. U.S. News, Princeton Review and Forbes all rank City College among the best colleges and universities in the United States.

About The Grove School of Engineering at City College
The Grove School of Engineering at The City College of New York is the only public engineering school within New York City. It offers Bachelors, Masters and Ph.D. degrees in seven fields: biomedical, chemical, civil, computer, electrical, and mechanical engineering and computer science. The School is recognized nationally for the excellence of its instructional and research programs and ranks among the most diverse engineering schools in the country.

MEDIA CONTACT

Ellis Simon
p: 212.650.6460
e: esimon@ccny.cuny.edu