Nine young innovators, representing high schools across the borough competed for funding to launch their businesses.
The idea is similar to the television show "Shark Tank" but students pitched their products and services to a panel of local investors.
"We started working on this in September so we've actually put a lot of work into this," said Vincent Biondolillo, a Tottenville High School freshman.
The winning team moves on to the regional completion in Rochester. Thatis where they'll compete against dozens of other students in May.
Frank Lombardo with National Grid was one of the judges.
"I'd like to see the students really express who they are, a passion for their product," he said.
NY1's Anthony Pascale emceed the event presented by the Staten Island Chamber of Commerce.
"The goal is to really teach young people how to start their own business, to learn all the skill set needed," said Linda Baran, President and CEO of the Staten Island Chamber of Commerce.
"I feel like I've been able to mature a lot more," said Biondolillo.
"It taught me the importance of leadership," said Wesley Dai,a junior at Staten Island Academy.
He created "The Epoch Pull Buoy."
"It has a strap that wraps around one leg," he said.
It's a tool designed to help swimmers train their upper bodies, an idea he came up with while training himself.
Biondolillo is part of the team called MTRX Sports. The team created batting gloves with memory foam padding.
"It prevents sting when you catch and hit the ball," said Darren Brady, the other team member from Lavelle Prep High School.
They already sold 100 pairs to "NY Prospects Baseball."
"I think, it's great I am just so impressed with you guys," said a judge during their presentation.
MTRX Sports won and advances to the regional competition.
"We just had a great time doing this," said Brady.
Whoever wins the regional competition moves on to the national competition in Washington D.C. in June.