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Business

3 Long Island entrepreneurs to compete for startup funds

Three young Long Islanders will present their business ideas in hopes of winning startup funds in the New York Young Entrepreneur Challenge in Manhattan on Wednesday.

The competition is an expansion of the Long Island Young Entrepreneur Challenge, which was held locally the last two years. For this year's event, entrepreneurs ages 17 to 22 and students at New York universities were eligible to submit their startup business ideas to win $10,000 and the aid of a network of mentors.

Twenty finalists were selected from the applicant pool, and all will present Wednesday in either the entrepreneur or student tracks in the competition.

The Long Island contestants are Chris Mortimer, 23, of Northport; Adeyinka Adiatu, 21, of Valley Stream; and Christopher Murphy, 20, of Merrick.

Mortimer's company, HomeTeam, offers a service to help homeowners and contractors manage work. Adiatu's business, ForLynx, works to help nonprofits use sustainable development methods in their aid efforts. Murphy's company, Internnection Research Networking, is a network that aids high school students in finding research work with academic labs.

The event is being held by Capital One Bank in partnership with Bohemia-based FrontStreet Facilities and Sprint.

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