Veritas Medical Crowned Global Champion of 2014 IBMC
Provo, Utah – May 05, 2014
The International Business Model Competition wrapped up its 2014 season with an exciting weekend of events May 1-3 in Provo, Utah. Forty student teams from around the world were selected from over 2,500 teams in 200 schools and 20 countries that participated in IBMC-affiliated competitions. Prior to the semi-final round teams were provided two in-depth mentoring sessions to help with their presentations and overall business strategy. The focus on feedback and advisement was a refreshing and valuable asset to the teams.
“The lean startup approach to entrepreneurship is all about feedback and learning and we made an extra effort to focus on that this year,” said Jeff Brown, competition organizer and assistant director at the Rollins Center for Entrepreneurship & Technology at BYU. “All competing teams had the opportunity to meet with at least two mentors that walked through their presentation and helped with business strategy.”
Teams also had the opportunity to visit Vivint and Qualtrics, two successful tech companies in the heart of Utah’s Silicon Slopes, and listen to presentations from Jeff Dyer, the Horace Beesley Professor of Strategy at BYU and co-author of The Innovator’s DNA, and John Richards, Head of Operations for Google Fiber – Provo, Utah, and a former professor of entrepreneurship at BYU. At the end of the busy weekend, Veritas Medical from the University of Utah was crowned global champion and winner of the $25,000 first place prize at the competition’s final event held at the beautiful new Utah Valley Convention Center in downtown Provo.
Below are the other top prize winners from the competition. For a complete list of winners click here.
FINALIST
1st Place - Veritas Medical (University of Utah)
2nd Place - Tympanogen (Tulane University)
3rd Place - VolleyMetrics (Brigham Young University)
4th Place - Swaddle-mi-Bili (Michigan State University)
RUNNER-UP
5th Place - Kiband (Brigham Young University)
6th Place - OneWay (Monterrey Institute of Technology)
HONORABLE MENTION
7th Place - Caydian (Stanford University)
8th Place - Herboo Enterprise* (Northern Caribbean University)
* - International Award Recipient
The International Business Model Competition wrapped up its 2014 season with an exciting weekend of events May 1-3 in Provo, Utah. Forty student teams from around the world were selected from over 2,500 teams in 200 schools and 20 countries that participated in IBMC-affiliated competitions. Prior to the semi-final round teams were provided two in-depth mentoring sessions to help with their presentations and overall business strategy. The focus on feedback and advisement was a refreshing and valuable asset to the teams.
“The lean startup approach to entrepreneurship is all about feedback and learning and we made an extra effort to focus on that this year,” said Jeff Brown, competition organizer and assistant director at the Rollins Center for Entrepreneurship & Technology at BYU. “All competing teams had the opportunity to meet with at least two mentors that walked through their presentation and helped with business strategy.”
Teams also had the opportunity to visit Vivint and Qualtrics, two successful tech companies in the heart of Utah’s Silicon Slopes, and listen to presentations from Jeff Dyer, the Horace Beesley Professor of Strategy at BYU and co-author of The Innovator’s DNA, and John Richards, Head of Operations for Google Fiber – Provo, Utah, and a former professor of entrepreneurship at BYU. At the end of the busy weekend, Veritas Medical from the University of Utah was crowned global champion and winner of the $25,000 first place prize at the competition’s final event held at the beautiful new Utah Valley Convention Center in downtown Provo.
Below are the other top prize winners from the competition. For a complete list of winners click here.
FINALIST
1st Place - Veritas Medical (University of Utah)
2nd Place - Tympanogen (Tulane University)
3rd Place - VolleyMetrics (Brigham Young University)
4th Place - Swaddle-mi-Bili (Michigan State University)
RUNNER-UP
5th Place - Kiband (Brigham Young University)
6th Place - OneWay (Monterrey Institute of Technology)
HONORABLE MENTION
7th Place - Caydian (Stanford University)
8th Place - Herboo Enterprise* (Northern Caribbean University)
* - International Award Recipient