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<div style="float: right; clear: right; margin-left: 10em; margin-right: 20em10em">[[<br/></div>= Overview = [[File:Business-model-competition.jpg]]</div>]] The [http://www.businessmodelcompetition.com '''<b>Business Model Competition(BMC)'''</b>]<span style="font-size: small;">, or International Business </span> <span style="font-size:small;">Model Competition(IBMC), is a unique business development competition that differentiates itself from other business plan competitions by stressing the value of validation with real customers. = Overview =, described in the following video:</span><div class="center" style="float: right; width: auto; margin-left: 5emauto; margin-right: 5em;auto">{{{{#Widget:Youtube|id=K0gqNWQ8j-E}}|width=800p|height=400p}} The International Business Model Competition is the first and largest lean startup competition in the world. The competition's primary aim is to educate and inspire smarter entrepreneurs who launch ventures that are more successful.</div>By recognizing that over 85 percent of new business fall fail within a the first few years, often because they try due to the attempt to plan their way to success, The the IBMC represents a radical departure from the past and is at the crest of a new paradigm in entrepreneurship. '''The IBMC is not a business plan competition.''' It doesn't reward the student for doing lots of library research, drawing fancy graphs, or crafting the perfect sales pitch to venture capitalists. Instead the IBMC want the students to<ref>http://www.businessmodelcompetition.com/general-information.html</ref>: #breaking Break down their idea into the key business model assumptions. #getting Get outside the building and testing test their assumptions with REAL customers. #applying Apply Customer Development/Lean Startup principles to make sure they nail the pain and solution, and, #learning #Learn to pivot(change) until they have arrived at a customer-validated business model. Ultimately IBMC believes this will dramatically improve the success rate of new ventures, allowing entrepreneurs to save both time and money in the process. =<ref>http://www.businessmodelcompetition.com/general-information.html</ref> = Business Model Canvas ==<div style="float: right; width: auto; margin-left: 5em; margin-right: 5em;">{{{{#Widget:Youtube|id=QoAOzMTLP5s}}|width=600p|height=400p}}</div>The Business Model Canvas is one of the key tool tools that IBMC recommends the competing teams useutilize. It is a strategic management template for developing new or documenting existing business models. The canvas consists of nine business model building blocks, which can be organized into four categories: ''Infrastructureinfrastructure, Offeringoffering, Customerscustomers,''and ''Financesfinances''.<ref>[http://www.businessmodelgeneration.com/ Business Model Generation], A. Osterwalder, Yves Pigneur, Alan Smith, and 470 practitioners from 45 countries, self published, 2010</ref> By using a visual approach to design business modelmodels, the Business Model Canvas makes it easier for firms to align their activities by illustrating potential trade-offs. [[ [[File:Business-model-canvas.png|thumb|center|500px]] ]] =IBMC 2017 Winners<br/> = IBMC Sponsors & Founders <div class="center" style= The IBMC is sponsored by the ''Kevin and Debra Rollins Center for Entrepreneurship & Technology'' in the Marriot School of Management at Brigham Young University. The competition was founded by"width: auto; margin-left: *'''Nathan Furr''' (Ph.D., Stanfordauto; Entrepreneurship Professor, BYU) *'''Steve Blank''' (Entrepreneurship Professor, UC Berkleymargin-right: auto"></div>== 1st Place - [http://instapathbio.com/ <span style="font-size: 12pt; font-family: Arial; font-variant-numeric: normal; Lecturer, Stanford) *'''John Richards''' (Entrepreneurship Professor, BYU) *'''Scott Petersen''' (Director, Center for Entrepreneurship & Technology, BYU) == IBMC 2013 Top 3 Winners ==font-variant-east-asian: normal; text-decoration-line: underline; vertical-align: baseline; white-space: pre-wrap;">Instapath</span>]<div class="center" span style="widthfont-size: auto12pt; marginfont-leftfamily: autoArial; marginfont-variant-rightnumeric: autonormal;">޿ont-variant-east-asian: normal;{vertical-align: baseline;#Widgetwhite-space:Youtube|pre-wrap;">, Tulane University</span> == <span id=rS6fHW9pRek}}"docs-internal-guid-c6aa8d59-e194-5b68-5ebc-a82fbfdeaa35"><span style="font-size: 12pt; ޿ont-family: Arial;޿ont-variant-numeric: normal;#Widgetfont-variant-east-asian:Youtube|id=BpNVCXxAjio}normal;}vertical-align: baseline; {white-space: pre-wrap;{#Widget">[https:Youtube|id//www.youtube.com/watch?v=p2bXN38K38A}}<F7AYHJAkK-A https://div>= Purpose www.youtube.com/watch?v= F7AYHJAkK-A]</span></span> <span id="docs-internal-guid-c6aa8d59-e194-5b68-5ebc-a82fbfdeaa35"> </span> = Distinct Differences From Other Offerings = Unlike other offerings, the IBMC emphasizes these three key steps2nd Place - Rubi<span style="font-size: 12pt; font-family: Arial; font-variant-numeric: normal; font-variant-east-asian: normal; vertical-align: #'''Identify the assumptions''' #'''Test the assumptions with real customers''' #'''Pivot and tell the story''' = Impact Achieved For Students and Campus = IBMC is currently cobaseline; white-space: pre-hosted by wrap;">, Brigham Young University, Harvard University, and Stanford University. [[File:BYU</span> == <span id="docs-internal-guid-c6aa8d59-Harvarde194-Stanford.PNG�-5ebc-a82fbfdeaa35"><span style="font-size: 12pt;ןont-family: Arial; ֿont-variant-numeric: normal;ֿont-variant-east-asian: normal;Filevertical-align:Qualifier Competitions.PNG嶺seline;]white-space: pre-wrap; ">[https://www.youtube.com/watch?v= Steps Required To Bring Resource to Campus 0im-6nVFfxs https://www.youtube.com/watch?v= There are two ways of getting involved with the IBMC: #0im-6nVFfxs]</span></span> <span id="docs-internal-guid-c6aa8d59-e194-5b68-5ebc-a82fbfdeaa35">[nbsp;[#General_Application|'''Become a participating university''']</span> == 3rd Place - ABAL Therapeutics<span style="font-size: 12pt; font-family: Arial; font-variant-numeric: normal;ןont-variant-east-asian: normal; Advertise the competition and encourage the students to apply through general application process. #[vertical-align: baseline;[white-space: pre-wrap;#Host_Qualifier_Competitions|'''Become a qualifier competitions host''']">, University of Iowa</span> == <span id="docs-internal-guid-c6aa8d59-e194-5b68-5ebc-a82fbfdeaa35"><span style="text-decoration-line: underline; font-size: 12pt;ןont-family: Arial; Apply to be a qualifier competitions hosting university. Building the competition, organizing the competition, and running the competition. == background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; vertical-align: baseline; white-space: pre-wrap;">[httphttps://www.businessmodelcompetitionyoutube.com/apply---2014.html General Application] watch?v== Business Model Competition, unlike other students based competitions, is open to anyone who want to participate while meeting the [httpQdAPVp6ZhfU https://www.businessmodelcompetitionyoutube.com/eligibility-criteria.html Eligibility Criteriawatch?v=QdAPVp6ZhfU]</span></span><div><br/></div>= Success Stories<br/> = [[File:Kaitek. Thus, bringing this competition to campus doesn't need to submit any application to BMC or establish local chapter on campus. And at the same timePNG|none|Kaitek.PNG]]<div></div><span style="background-color: transparent; font-family: Arial; font-size: 12pt; white-space: pre-wrap;">Kaitek Labs, BMC also enforces a set Pontifical Catholic University of rules that ensure the strong representation of students in the competing team, which makes it very attractive to new students entrepreneurs. === [http://www.businessmodelcompetition.com/applyChile</span> '''<span id="docs-internal-guid-3d7bb6be-e0f5-6b4d-7328-2014.html How to Apply] c7b49f41cfca"><span style=== To apply to the IBMC, the team needs to fill out and submit the application form at the beginning of January. Before doing that, they also need to do the following"font-size: 12pt; font-family: Arial; background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; vertical-align: #Create a video presentation describing the upbaseline; white-tospace: pre-date validation and customer discovery with the idea and business model. #Upload the video to YouTube #Fill out and sign the Certifications and Agreements, which needs to be scanned and uploaded in the application form. == [http:wrap;">1st Place, 2015</span></span>'''<div><span id="docs-internal-guid-3d7bb6be-e0f5-6b4d-7328-c7b49f41cfca">[http://www.businessmodelcompetitionkaiteklabs.com/starting<span style="font-asize: 9pt; font-competition.html Host Qualifier Competitionsfamily: 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== IBMC also encourages the development of qualifier competitions at other colleges and universities. The winners of these competitions will receive an automatic advancement in the International Competition, while other contenders may still apply through the ["font-size: 9pt;ֿont-family: Arial;#General_Application|General Application񝮬kground-color: transparent;ןont-variant-numeric: normal;. Any college or university interested in hosting a local competition is encouraged 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 contact businessmodelcompetition@gmailgather and process information about its surroundings.com === Creating This natural functionality gives both a University Competition === IBMC made purpose and a strategic guideline human interface to help universities turn bacteria into information gathering machines,capable of expressing their findings to start the BMC qualifier competition on their campushuman users. The detailed documentation can be downloaded here: [http:</span></www.businessmodelcompetition.comspan> <br/uploads/5/1/5/7/5157318/_creating_a_university_competition.doc Download Guideline]. In summary><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 guideline discussed three topics: *'''Building company has expanded and gained support of the Competition''' *'''Organizing Chilean government granting Kaitek $350K for development. Reflecting on the Competition''' *'''Running the Competition''' Creating 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 university competition requires a group of leaders that includes at least one faculty adviser great tool when it comes to trying to move as quickly as possible….We have used it many times before and one student director. The next primary objective is securing funding for the event and building the rest of the student team. To assist qualifier competitions, the IBMC also has several resources available through Dropbox. The school representative need to contact the IBMC or one of its administrators to request access to the files. To ask for any additional resource can contact businessmodelcompetition@gmail.comafter IBMC to decide what experimental line to pursue. ”</span></span><div><br/></div></div>= Contact Information Important Dates - 2018<br/> = *<div class="paragraph" style= References = "text-align:left"><referencesfont color="#2a2a2a">'''January 01''' At-Large Round Submissions Open</font><br/references></div>*<div class="paragraph" style="text-align:left"><font color="#2a2a2a">'''April 01''' At-Large Round Submissions Close</font></div>*<div class="paragraph" style="text-align:left"><font color="#2a2a2a">'''April 12'''</font><span style="color: rgb(42, 42, 42);"> Quarterfinalist Teams Announced</span></div>*<div class="paragraph" style="text-align:left"><span style="color: rgb(42, 42, 42);">'''May 10 '''</span><span style="color: rgb(42, 42, 42);">Lean Startup Thought-Leader Conference</span></div>*<div class="paragraph" style="text-align:left"><span style="color: rgb(42, 42, 42);">'''May 11''' Quarterfinal, Semifinal, and Final Events</span><br/></div> = IBMC Sponsors & Founders<br/> = The IBMC is sponsored by the ''Kevin and Debra Rollins Center for Entrepreneurship & Technology'' in the ''Marriot School of Management'' at ''Brigham Young University''. The competition was founded by: *'''Nathan Furr''' (Ph.D., Stanford; Entrepreneurship Professor, BYU)*'''Steve Blank''' (Entrepreneurship Professor, UC Berkley; Lecturer, Stanford)*'''Alex Osterwalder '''(Co-Founder Strategyzer)*'''Jeff Brown'''(Associate Director, Operations at BYU Rollins Center)*'''John Richards''' (Entrepreneurship Professor, BYU)*'''Scott Petersen''' (Director, Center for Entrepreneurship & Technology, BYU) = Purpose = IBMC wants to dramatically improve the success rate of new ventures by bringing a very different perspective to entrepreneurship. Instead of asking its participants to research existing business models, or craft a perfect sales pitch, IBMC focuses on the process of developing and validating the perfect business models by encouraging its participants to identify and clarify the assumption in the model. IBMC believes that entrepreneurship should not be similar to managing a corporation, since the problems they are facing and the dynamics are very different. As the first international competition of its kind (open to all students) IBMC ultimately wants to change the way entrepreneurship is currently being taught and bring our attention to the importance of validating assumptions. = Distinct Differences From Other Startup Competitions = <span style="color:#000000;"><span id="docs-internal-guid-71fb2125-e1aa-6b98-8efe-50323b058efb"><span style="font-size: 11pt; font-family: Arial; font-weight: 700; font-variant-numeric: normal; font-variant-east-asian: normal; vertical-align: baseline; white-space: pre-wrap;">The IBMC is a unique student startup competition focused on the inputs, not the outputs, of the entrepreneurial process.</span><span style="font-size: 11pt; font-family: Arial; font-variant-numeric: normal; font-variant-east-asian: normal; vertical-align: baseline; white-space: pre-wrap;">The competition requires active identification and validation of crucial business model hypotheses rather than the writing of a static business plan, talking to customers outside the building rather than gathering secondary data inside the building, applying customer development rather than relying on product development, and “pivoting” or changing course rather than executing on the plan.</span></span></span> <span style="color:#000000;"><span id="docs-internal-guid-71fb2125-e1aa-6b98-8efe-50323b058efb"><span style="font-size: 11pt; font-family: Arial; background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; vertical-align: baseline; white-space: pre-wrap;">In short, IBMC emphasizes these three key steps:</span></span></span> #'''<span style="font-size:small;"><span style="background-color: transparent; font-weight: 700; white-space: pre-wrap; color: rgb(0, 0, 0); font-family: Arial;">Identifying and tracking business model hypotheses</span></span>'''#'''<span style="font-size:small;"><span style="background-color: transparent; font-weight: 700; white-space: pre-wrap; color: rgb(0, 0, 0); font-family: Arial;">Testing and validating these hypotheses with customers</span></span>'''#<span style="color:#000000;">'''<span style="font-size:small;">Iterating their business model based on customer feedback</span>'''</span> = Impact Achieved For Students and Campus = The IBMC helps students and campuses in many different ways. First, the competition encourages students to explore entrepreneurship - and with a different mindset. With the advice and critiques given throughout the competition, students will further develop and strengthen their ideas. Second, workshops and lectures will be arranged at the beginning of the year. These events invite experienced entrepreneurs to talk about their approach and help the students work on their businesses. Even without the competition, these lecturers are very helpful in bringing student interest to entrepreneurship. Lastly, the monetary award helps the winners to roll out the business plan. With $25,000 given to the first place and with a total of 28 award recipients, students can have a great financial start on their business as well. = University Involvements = The IBMC is currently co-hosted by Brigham Young University, Harvard University, and Stanford University. At the same time, it also encourages and helps local sector development. Currently, it has ten universities and colleges hosting qualifier competitions, and three participating universities. [[File:BYU-Harvard-Stanford.PNG|500px|BYU-Harvard-Stanford.PNG]] == Qualifier Competitions == [[File:Qualifier Competitions.PNG|665px|Qualifier Competitions.PNG]] == Participating Universities == [[File:Participating universities.PNG|700px|Participating universities.PNG]] = <span style="font-family:arial,helvetica,sans-serif;">Steps Required To Bring Resource to Campus</span> = There are two ways to become involved with the IBMC: #[[#General_Application|'''Become a participating university''']]<br/>Advertise the competition and encourage the students to apply through a general application process.#[[#Host_Qualifier_Competitions|'''Become a qualifier competitions host''']]<br/>Apply to be a qualifier competitions hosting university - Build, organize, and run the competition. Here is a link to the [http://www.businessmodelcompetition.com/apply---2014.html General Application]. The Business Model Competition is open to all participatants who meet the [http://www.businessmodelcompetition.com/eligibility-criteria.html Eligibility Criteria]. Bringing this competition to campus doesn't establish the necessity to submit any application to BMC or the requirement to establish a local chapter on campus. Although, BMC does enforce a set of rules that ensure the strong representation of students within the competing teams, allowing for the attraction of new student entrepreneurs. = <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>'''<ol style="margin-top: 0pt; margin-bottom: 0pt;"><li><span style="font-size: medium;"><span style="color: rgb(0, 0, 0);"><span style="font-variant-numeric: normal; font-variant-east-asian: normal; vertical-align: baseline; white-space: pre-wrap;">Create a 5-8 minute video presentation</span><span style="font-variant-numeric: normal; font-variant-east-asian: normal; vertical-align: baseline; white-space: pre-wrap;">describing the customer discovery and validation you have been through with your idea and business model. You may use PowerPoint, Keynote, Prezi or any other presentation software. The presentation needs to be narrated and saved as a video file. See the "Presentation Video Creation Tools" section of the</span></span><span id="docs-internal-guid-c6aa8d59-e197-00ac-16ee-72c505f62baf">[http://www.businessmodelcompetition.com/preparing-your-submission.html <span style="color:#000000;"><span style="font-variant-numeric: normal; font-variant-east-asian: normal; text-decoration-line: underline; vertical-align: baseline; white-space: pre-wrap;">Preparing Your Submission</span></span>] </span><span style="color: rgb(0, 0, 0);"><span style="font-variant-numeric: normal; font-variant-east-asian: normal; vertical-align: baseline; white-space: pre-wrap;">page for help doing this. </span><span style="font-variant-numeric: normal; font-variant-east-asian: normal; vertical-align: baseline; white-space: pre-wrap;">We also strongly encourage you to check out the submission example videos on that same page.</span></span></span></li><li><span style="font-size: medium;"><span style="color: rgb(0, 0, 0);"><span style="font-variant-numeric: normal; font-variant-east-asian: normal; vertical-align: baseline; white-space: pre-wrap;">Upload your video </span><span style="font-variant-numeric: normal; font-variant-east-asian: normal; vertical-align: baseline; white-space: pre-wrap;">to</span></span><span id="docs-internal-guid-c6aa8d59-e197-00ac-16ee-72c505f62baf">[http://www.youtube.com/ <span style="color:#000000;"><span style="font-variant-numeric: normal; font-variant-east-asian: normal; text-decoration-line: underline; vertical-align: baseline; white-space: pre-wrap;">YouTube</span></span>]</span><span style="color: rgb(0, 0, 0);"><span style="font-variant-numeric: normal; font-variant-east-asian: normal; vertical-align: baseline; white-space: pre-wrap;">(</span><span style="font-style: italic; font-variant-numeric: normal; font-variant-east-asian: normal; vertical-align: baseline; white-space: pre-wrap;">if you want to keep your video hidden </span><span style="font-style: italic; font-variant-numeric: normal; font-variant-east-asian: normal; vertical-align: baseline; white-space: pre-wrap;">mark it as "unlisted" NOT "private,"</span><span style="font-style: italic; font-variant-numeric: normal; font-variant-east-asian: normal; vertical-align: baseline; white-space: pre-wrap;">only someone logged into your account can watch your videos marked private</span><span style="font-variant-numeric: normal; font-variant-east-asian: normal; vertical-align: baseline; white-space: pre-wrap;">).</span></span></span></li><li><span style="font-size: medium;"><span style="color: rgb(0, 0, 0);"><span style="font-variant-numeric: normal; font-variant-east-asian: normal; vertical-align: baseline; white-space: pre-wrap;">Indicate that your team</span><span style="font-variant-numeric: normal; font-variant-east-asian: normal; vertical-align: baseline; white-space: pre-wrap;">understands and agrees to the items outlined in the</span></span><span id="docs-internal-guid-c6aa8d59-e197-00ac-16ee-72c505f62baf">[http://www.businessmodelcompetition.com/certifications--agreements-form.html <span style="color:#000000;"><span style="font-variant-numeric: normal; font-variant-east-asian: normal; text-decoration-line: underline; vertical-align: baseline; white-space: pre-wrap;">Certifications and Agreements Form</span></span>]<span style="color: rgb(0, 0, 0);"><span style="font-variant-numeric: normal; font-variant-east-asian: normal; vertical-align: baseline; white-space: pre-wrap;">. This form is also included in the appendix of the</span></span>[http://www.businessmodelcompetition.com/rules--info-packet.html <span style="color:#000000;"><span style="font-variant-numeric: normal; font-variant-east-asian: normal; text-decoration-line: underline; vertical-align: baseline; white-space: pre-wrap;">Competition Rules and Information Pa</span></span>]</span></span></li></ol> '''<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 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>'''<div><br/></div>= <span style="font-family:arial,helvetica,sans-serif;">How to Win IBMC</span> = '''1. Complete''' [https://www.udacity.com/course/how-to-build-a-startup--ep245 Steve Bank's "How to Create a Startup" course on Udacity] '''2. Seek Out '''an appropriate mentor(s) and meet frequently with them to help you through the lean startup process. '''3. Familiarize '''yourself with the following IBMC website resources:<ul style="list-style-type: circle; margin-left: 40px;"><li>[http://www.businessmodelcompetition.com/uploads/9/5/4/5/95454954/ibmc_rules_and_info_packet_2018-01-01.pdf Rules & Info Packet]</li><li>[http://www.businessmodelcompetition.com/uploads/9/5/4/5/95454954/ibmc_judging_criteria_2018-01-01.pdf Judging Criteria]</li><li>[http://www.businessmodelcompetition.com/validating-a-business-model.html Validating a Business Model]</li><li>[http://www.businessmodelcompetition.com/preparing-your-submission.html Preparing Your Submission]</li></ul> and the concepts in the books below (most of the books have [http://www.businessmodelcompetition.com/uploads/5/1/5/7/5157318/ibmc_booksummaries_2014.pdf summaries])<ul style="list-style-type: circle; margin-left: 40px;"><li>Nail It, Then Scale It</li><li>Business Model Generation</li><li>The Startup Owner's Manual</li><li>Running Lean</li><li>The Lean Startup</li><li>Boom Start</li></ul> '''4. Tracks''' your progress by using a [http://www.businessmodelcompetition.com/canvases.html canvas]. Consider using a digital tool to help with this process. A few are:<ul style="list-style-type: circle; margin-left: 40px;"><li>[https://strategyzer.com/canvas Business Model Toolbox for iPad ](from creators of Business Model Canvas)</li><li>LEANSTACK.com (from the creator of Lean Canvas)</li><li>LeanMonitor.com</li><li>Business Model Fiddle</li><li>TheStartupToolkit.com</li></ul> '''5. Watch '''the following videos on the IBMC website:<ul style="list-style-type: circle; margin-left: 40px;"><li>[http://www.businessmodelcompetition.com/training-workshop-videos.html Submission Orientation & Best Practices]</li><li>Submission Examples</li><li>[http://www.businessmodelcompetition.com/past-winner-videos.html Past Winners]</li></ul> '''6. Follow '''these blogs and social media accounts:<ul style="list-style-type: circle; margin-left: 40px;"><li>[https://www.facebook.com/newcareer/ IBMC Facebook and Twitter]</li><li>[http://blog.strategyzer.com/ Strategyzer Blog]</li><li>[https://steveblank.com/ Steve Bank's Blog]</li><li>[http://ashmaurya.com/ Ash Maurya's Blog]</li></ul> '''7. Complete '''the submission form on the IBMC website prior to the deadline You can find a PDF of this checklist here = Creating a University Competition = <span style="font-size:small;"><span id="docs-internal-guid-71fb2125-e12f-622d-1571-d0a222c2c86c"><span style="font-family: Arial; background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; vertical-align: baseline; white-space: pre-wrap;">The organizers of the International Business Model Competition encourage the development of similar competitions</span></span></span><span style="background-color: transparent; font-family: Arial; white-space: pre-wrap; font-size: small;">at schools throughout the world. Business model competitions transform student entrepreneurs' perspectives, helping them learn a more effective approach to entrepreneurship that dramatically increases their chances of success. Even if your school already holds a business plan competition, experience has shown that holding a BMC before or in conjunction with a business plan competition or new venture competition leads to significantly better businesses.</span> <span style="font-size:small;"><span id="docs-internal-guid-71fb2125-e12f-622d-1571-d0a222c2c86c"> </span></span> <span style="font-size:small;"><span id="docs-internal-guid-71fb2125-e12f-622d-1571-d0a222c2c86c"><span style="font-family: Arial; background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; vertical-align: baseline; white-space: pre-wrap;">Universities interested in hosting their own qualifier competition must have a full-time faculty or staff that will hold the position of competition director to insure the longevity of the competition. It is also strongly recommended that this director leverage an existing student club or assemble a team of student leaders to run the competition. If would like to start a qualifier competition at your school or have an existing competition serve as an IBMC Qualifier Competition, send an email to </span>[mailto:businessmodelcompetition@gmail.com <span style="font-family: Arial; background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; text-decoration-line: underline; vertical-align: baseline; white-space: pre-wrap;">businessmodelcompetition@gmail.com</span>]<span style="font-family: Arial; background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; vertical-align: baseline; white-space: pre-wrap;">.</span></span></span> <span style="font-size:small;"><span id="docs-internal-guid-71fb2125-e12f-622d-1571-d0a222c2c86c"><span style="font-family: Arial; background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; vertical-align: baseline; white-space: pre-wrap;">IBMC made a strategic guideline to help universities start the BMC qualifier competition on their campus. The detailed documentation can be downloaded here: </span>[http://www.businessmodelcompetition.com/uploads/5/1/5/7/5157318/_creating_a_university_competition.doc <span style="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;">Download Guideline</span>]<span style="font-family: Arial; background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; vertical-align: baseline; white-space: pre-wrap;">.</span></span></span><div><br/></div>= Contact Information = The administration office for the International BMC is housed within the Rollins Center for Entrepreneurship & Technology at Brigham Young University. To contact the administrators, contact the Rollins Center for Entrepreneurship & Technology using the information provided below, or send an email to businessmodelcompetition@gmail.com '''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 = [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:Organizations]]
