New York State is conducting its fifth competition for business plans devised by college students, Gov. Andrew M. Cuomo announced this week.

The deadline for submitting applications on Long Island is March 14.

Students will be competing for more than $500,000 in prizes with the final round to be in Albany on April 25.

“In the past, this program has paired young entrepreneurs with mentors and investors who have helped jump-start their ideas toward implementation, and I encourage all interested students to apply to this year’s competition,” Cuomo said.

More information about the contest can be found at  http://bit.ly/1fca25d.

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