POTSDAM -- Clarkson University is seeking applications for its 2015 Young Innovators and Entrepreneurs Competition.

Clarkson's annual competition allows up to five young entrepreneurs or innovators to attend Clarkson through a combination of merit-based financial aid and the acquisition by the University of an ownership interest in their business ventures in lieu of tuition payments.

For consideration, prospective students who either are operating a business or have an innovation must apply by Jan. 30. Program applicants also must apply for admission to the university. Up to 10 finalists will be selected to present their business or patentable idea to a panel of expert innovators and entrepreneurs.

Applicants must submit a completed business plan, a 90-second-or-less video that answers the question "Who am I, outside of my business?" and a brief description of their business. Entrants will be reviewed by the staff of the Reh and Shipley Centers and/or faculty with expertise related to the proposals as necessary.

Potential applicants should be prepared to discuss a vision for their business or innovation and its feasibility.

Apply for the Competition at clarkson.edu/equity.