Lally School of Management & Technology at Rensselaer Launches Innovation Competition Website

Troy, New York (PressExposure) November 09, 2009 -- November 4, 2009
CONTACT: Jill Terry, Assistant Dean, The Lally School (w) 518.276.2378

Lally School of Management & Technology at Rensselaer Launches Innovation Competition Website at

Troy, NY 11/4/09: The Lally School of Management & Technology at Rensselaer Polytechnic Institute has launched a new website for online entries to the Lally Innovation Competition, a unique scholarship competition that awards up to $60,000 in MBA scholarship funds. Designed to attract top innovative and entrepreneurial candidates to Lally’s MBA Program, the competition invites prospective students to develop creative business solutions to societal problems in the areas of Entrepreneurship, Finance, and Global Leadership. The new website, , details competition entry guidelines and allows entrants to submit their ideas online.

The Lally Innovation Competition aims to encourage innovators to generate ideas and spur economic development. Lally welcomes entries from prospective MBAs who have strong imaginations and a passion for innovation, along with an interest in transforming their ideas into reality.

Entrants must be applicants to the Lally MBA Program. Winners will be chosen by a panel of Lally School faculty, alumni, and regional entrepreneurs. A public online vote will also provide a component of the final award decision. Winners will receive a tuition scholarship for the Lally School’s MBA Program worth up to $60,000. The total amount of the scholarship award will depend on the strength of the candidate’s MBA application. In addition to receiving a prestigious tuition scholarship, winners will receive mentoring and support to develop their ideas at Lally. The first deadline for competition entries is December 15, 2009.

About the Lally Innovation Competition As the business school of Rensselaer Polytechnic Institute, the Lally School is particularly interested in ideas that demonstrate innovative commercial enterprises that “apply science to the common purposes of man.” The Lally Innovation Competition was started in 2009 in order to attract the most creative and entrepreneurial minds to the MBA program. As part of Lally’s ongoing commitment to support budding entrepreneurs and nurture the spirit of game-changing innovation, all Lally MBA applicants are invited to submit proposals to the competition, which awards tuition scholarships with a value of up to $60,000 to the full-time MBA program. The Competition is one of the school’s many initiatives that support entrepreneurial ideas for Societal Benefit and Economic Development.

About Rensselaer Polytechnic Institute Rensselaer Polytechnic Institute, founded in 1824, is the nation’s oldest technological university. The university offers bachelor’s, master’s, and doctoral degrees in engineering, the sciences, information technology, architecture, management, and the humanities and social sciences. Institute programs serve undergraduates, graduate students, and working professionals around the world. Rensselaer faculty are known for pre-eminence in research conducted in a wide range of fields, with particular emphasis in biotechnology, nanotechnology, information technology, and the media arts and technology. The Institute is well known for its success in the transfer of technology from the laboratory to the marketplace so that new discoveries and inventions benefit human life, protect the environment, and strengthen economic development.

About Lally School of Management & Technology

The Lally School of Management & Technology was founded in 1963 as an integral part of Rensselaer Polytechnic Institute, America’s oldest technological university. Building on Rensselaer's world-class facilities and leadership in science and engineering, Lally is dedicated to advancing business through innovation. Lally offers graduate, doctoral and undergraduate degree programs in management, and an executive MBA program. Lally’s programs focus on the strategic management of technology and creating value through innovation and entrepreneurship. Located in New York’s Tech Valley, Lally offers a growing portfolio of collaborative programs with enterprises and academic institutions in the Indian sub-continent, China, Europe, and the Middle East.

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Press Release Submitted On: November 09, 2009 at 8:22 am
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