Panasci 2025 winners. Photo: Nancy J. Parisi
Release Date: February 27, 2026
BUFFALO, N.Y. — The University at Buffalo has identified 13 teams as semifinalists in the 26th annual Henry A. Panasci Jr. Technology Entrepreneurship Competition (Panasci TEC), taking them one step closer to the first-place prize of $65,000 in startup funding and business services that will go to the group that presents the best plan for a viable new business in Western New York.
The second-place team will receive $10,000 in seed funding.
After receiving 53 applications, preliminary judges pared down the teams to those below, which represent a wide range of business plans.
Eleven pitches focused on tech products and services:
Climate Tech and Sustainability
HealthTech and Digital Health
Software as a Service Technology
Space Tech (Hardware – Entertainment)
Two entries focused on consumer packaged goods:
Each semifinalist team has been matched with a coach from the business community to prepare for the next round, when they will submit written materials along with a video pitch. Judges will evaluate those materials and select five finalists by March 27.
Finalists will deliver long-form presentations to judges on April 15, and public presentations will be held from 4:30-7:30 p.m. on April 16 at UB’s Center for the Arts. There, they will present 5-minute pitches, 43North-style, to a panel of judges and other viewers, and will be evaluated on how well they describe the feasibility and marketability of their venture, prove the need for their product or service and present potential sources of capital. To register for the event, visit theticketing.co/e/ubpanasci26.
Panasci TEC was created in 2001 by the UB School of Management and the UB Office of Business and Entrepreneur Partnerships, and is funded with a $1 million endowment from the late Henry A. Panasci Jr. to facilitate and promote the commercialization of UB-generated technologies.
In addition to $25,000 in seed funding, the winning team will receive in-kind awards valued at $40,000 for business growth coaching from Atlas Alignment Growth Partners; legal services from Colligan Law LLP; accounting services from Lumsden & McCormick LLP; website development and creative agency services from ThreeSixty; Intellectual Property legal services from Stake; leadership development and team coaching from the UB School of Management’s Center for Leadership and Global Impact; and co-working space from the UB Office of Business and Entrepreneur Partnerships.
This year, a new $5,000 prize sponsored by the UB Office of Business and Entrepreneur Partnerships will be awarded. Complimentary ticketing services for the event are provided by The Ticketing Co., a company co-founded by UB graduates Anthony Calagna, BS ’12, and Trevor Titley, BA ’12.
Hosted by UB’s Startup and Innovation Collaboratory powered by Blackstone LaunchPad, the event brings together UB students from science, technology, business and other disciplines to maximize their potential and create viable businesses in Western New York.
Also during the April 16 event, organizers will celebrate the future of entrepreneurship and innovation at UB through a series of special initiatives. Grounded in the spirit of “America the Entrepreneurial,” Panasci 2026 will partner with Right to Start (a nonprofit, nonpartisan organization that seeks to expand entrepreneurial opportunity for all) to celebrate the values that make innovation possible: access, support, creativity and the freedom to build. Guests will experience firsthand how UB and the Western New York entrepreneurial ecosystem work together to create pathways for founders of all backgrounds and disciplines.
This year’s event will also bring back the Queen City Connectors — a group of regional leaders who will engage with student entrepreneurs and their supporters at a dynamic networking session to foster connections that will drive economic growth in Western New York.
The UB School of Management is recognized for its emphasis on real-world learning, community and impact, and the global perspective of its faculty, students and alumni. The school also has been ranked by Bloomberg Businessweek, Entrepreneur, Financial Times, Forbes and U.S. News & World Report for the quality of its programs and the return on investment it provides its graduates. For more information about the UB School of Management, visit management.buffalo.edu.
Contact
Kevin Manne
Associate Director of Communications
School of Management
716-645-5238
kjmanne@buffalo.edu
