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Quickterns Wins Binghamton University Business Plan Competition

From Binghamton University:

QuickTerns, LLC was announced as the winner of the Binghamton University Business Plan Competition. As part of the BU Entrepreneurship class, two university students and one Binghamton based entrepreneur have placed first in the annual Business Plan Competition – winning a $2,500 prize. If the business is functional in Binghamton in one year, another $2,500 will be earned.

MBA students Michael Barbara and Peter Fiduccia, along with entrepreneur Chris Olsen, created the QuickTerns business concept after seeing the difficulties of hiring and being hired as interns. This interactive and social website will provide short, project based internships and match innovative companies with quality interns. Olsen said: “QuickTerns is positioned to become the go-to website for college students across the country who are seeking internships with exciting companies in engaging sectors.”

The business plan competition consisted of several teams including Trackollar; a dog collar with QR codes containing an owner database, and Kola Bar; a nutrition bar that uses kola nuts to promote health and great taste. Judges Dave Manaster of ERE Media of NY, NY and Kevin Blake, President of ICS Solutions Group in Endicott, NY were most impressed by QuickTerns. Blake said that he would immediately use QuickTerns for his own business as he always had problems finding interns for project based work.

QuickTerns is now using the prize money to build a fully functional prototype and will launch nationwide by March, 2014. They are currently seeking investment. Additional information can be gained by contacting Chris Olsen, Partner, Quickterns or by viewing the in-progress website at quickterns.com. Kevin Blake of ICS or Angelo Mastrangelo, Professor, Binghamton University can be contacted for more details.
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