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Organization:Business Model Competition

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= [[File:Business-model-competition.jpg|thumb]] Overview =
[[File:Business-model-competition.jpg]] The [http://www.businessmodelcompetition.com <b>Business Model Competition(BMC)</b>]<span style= Overview ="font-size: small;">, or International Business&nbsp;</span>
<span style="font-size:small;">The [http://www.businessmodelcompetition.com <b>Business Model Competition(BMC)</b>], or International Business Model Competition(IBMC), is a&nbsp;unique business development competition that differentiates itself from other business plan competitions by stressing the value of validation with real customers, described in the following video:</span>
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{{#Widget:Youtube|id=K0gqNWQ8j-E|width=800p|height=400p}}
<span id="docs-internal-guid-c6aa8d59-e194-5b68-5ebc-a82fbfdeaa35"><span style="text-decoration-line: underline; font-size: 12pt; font-family: Arial; background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; vertical-align: baseline; white-space: pre-wrap;">[https://www.youtube.com/watch?v=QdAPVp6ZhfU https://www.youtube.com/watch?v=QdAPVp6ZhfU]</span></span>
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= Success Stories<br/> =
http[[File://universityinnovationKaitek.org/images/f/f7/PNG|none|Kaitek.PNG]]
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<span style="background-color: transparent; font-family: Arial; font-size: 12pt; white-space: pre-wrap;">Kaitek Labs, Pontifical Catholic University of Chile</span>
== <span id="docs-internal-guid-3d7bb6be-e0f5-6b4d-7328-c7b49f41cfca"><span style="font-size: 12pt; font-family: Arial; background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; vertical-align: baseline; white-space: pre-wrap;">1st Place, 2015</span></span> ==<div><span id="docs-internal-guid-3d7bb6be-e0f5-6b4d-7328-c7b49f41cfca">[http://www.kaiteklabs.com/ <span style="font-size: 9pt; font-family: Arial; background-color: transparent; font-weight: 700; font-variant-numeric: normal; font-variant-east-asian: normal; text-decoration-line: underline; vertical-align: baseline; white-space: pre-wrap;">kaiteklabs.com</span>]</span><br/><span id="docs-internal-guid-3d7bb6be-e0f5-6b4d-7328-c7b49f41cfca"><span style="font-size: 9pt; font-family: Arial; background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; vertical-align: baseline; white-space: pre-wrap;">Kaitek Labs are transforming bacteria into computers. Kaitek Labs uses microorganisms’ natural capacity to gather and process information about its surroundings. This natural functionality gives both a purpose and a human interface to turn bacteria into information gathering machines,capable of expressing their findings to human users.</span></span> <br/><span id="docs-internal-guid-3d7bb6be-e0f5-6b4d-7328-c7b49f41cfca"><span style="font-size: 9pt; font-family: Arial; background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; vertical-align: baseline; white-space: pre-wrap;">Founded in 2013 by Emilia Diaz in Santiago, Chile, the company has expanded and gained support of the Chilean government granting Kaitek $350K for development. Reflecting on the 2015 IBMC Emilia said, “Do not underestimatewhat lean methodology can do for you. At first I honestly thought there was absolutely no way I could apply it to slow, expensive biotech, but I actually found it a great tool when it comes to trying to move as quickly as possible….We have used it many times before and after IBMC to decide what experimental line to pursue.”</span></span><div><br/></div></div> = [[File:Kaitek.PNG]]<br/> =<div></div><span style="background-color: transparent; font-family: Arial; font-size: 12pt; white-space: pre-wrap;">Kaitek Labs, Pontifical Catholic University of Chile</span> == '''<span id="docs-internal-guid-3d7bb6be-e0f5-6b4d-7328-c7b49f41cfca"><span style="font-size: 12pt; font-family: Arial; background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; vertical-align: baseline; white-space: pre-wrap;">1st Place, 2015</span></span> =='''
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<span id="docs-internal-guid-3d7bb6be-e0f5-6b4d-7328-c7b49f41cfca">[http://www.kaiteklabs.com/ <span style="font-size: 9pt; font-family: Arial; background-color: transparent; font-weight: 700; font-variant-numeric: normal; font-variant-east-asian: normal; text-decoration-line: underline; vertical-align: baseline; white-space: pre-wrap;">kaiteklabs.com</span>]</span><br/><span id="docs-internal-guid-3d7bb6be-e0f5-6b4d-7328-c7b49f41cfca"><span style="font-size: 9pt; font-family: Arial; background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; vertical-align: baseline; white-space: pre-wrap;">Kaitek Labs are transforming bacteria into computers. Kaitek Labs uses microorganisms’ natural capacity to gather and process information about its surroundings. This natural functionality gives both a purpose and a human interface to turn bacteria into information gathering machines,capable of expressing their findings to human users.</span></span>
= <span style="font-family:arial,helvetica,sans-serif;">Applying to the IBMC</span><br/> =
 
 
'''<span style="font-size: medium;"><span style="font-family: arial, helvetica, sans-serif;">Teams must fill out and submit the application form at the beginning of January. However, before submitting the application, teams also need to complete the following:</span></span>'''
'''<span style="font-size: medium;"><span style="color: rgb(0, 0, 0);"><span id="docs-internal-guid-c6aa8d59-e197-00ac-16ee-72c505f62baf"><span style="font-family: Arial; background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; vertical-align: baseline; white-space: pre-wrap;">2018 &nbsp;Application form: [http://www.businessmodelcompetition.com/apply.html http://www.businessmodelcompetition.com/apply.html]</span></span></span></span><span style="background-color: transparent; font-family: Arial; white-space: pre-wrap; color: rgb(0, 0, 0); font-size: medium;">(Due April 1st)</span>'''
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= <span style="font-family:arial,helvetica,sans-serif;">How to Win IBMC</span> =
'''Rollins Center for Entrepreneurship & Technology'''<br/><span style="font-size: 12px">470 Tanner Building<br/>Marriott School of Management<br/>Brigham Young University<br/>Provo, UT 84602</span><br/><span style="font-size: 12px">Phone: (801) 422-7437<br/>Fax: (801) 422-0109<br/>E-mail: rollinscet@byu.edu</span>
 
= Student Contributors&nbsp; =
 
[http://universityinnovation.org/wiki/Haley_Brengartner http://universityinnovation.org/wiki/Haley_Brengartner]
 
[http://universityinnovation.org/wiki/User:Codybrock http://universityinnovation.org/wiki/Cody_brock]
= References =
<references />
[[Category:ResourcesOrganizations]]