LeanModel Start-up Competition
Open to Students from Four-Year Universities GLOBALLY.
San Diego State University (SDSU) and the Lavin Entrepreneurship Center are thrilled to announce the 4th annual LeanModel™ Competition hosted on Friday March 4th and Saturday March 5th, 2016 on the SDSU campus! The LeanModel™ Competition is not a traditional business plan competition, it is designed to assist and reward student based start-ups that utilize both a solid business model and customer testing mentality.
The LeanModel™ Competition is a regional qualifier competition for the International Business Model Competition held at Brigham Young University. The winner of this competition bypasses the At-Large Round and is granted an automatic slot in the Semifinal Round of the international competition!
2015 1st place team- Course Key, SDSU
In the true world of the entrepreneurial start-up, it is not the business plan that leads to success. An oft-quoted term from venture capitalists is that, "As soon as the business plan is written, it is obsolete." We believe that early on, the start-up must move quickly to prototype and test their product or service and that customer interaction is critical. Too often, teams focus on writing a business plan and never actually interact with their target customers.
The LeanModel™ Competition rewards students for identifying and defining assumptions, testing those assumptions in the marketplace, and then pivoting their business model based on customer interactions. Unfamiliar with the business model canvas? Check out "Business Model Generation" by Alexander Osterwalder. Check out "Business Model Generation" by Alexander Osterwalder.
This new competition was influenced by Lean Start-up (Eric Ries) and Business Model Generation (Alex Osterwalder, Yves Pigneur). If you have questions regarding this competition or want to compete please contact Kathryn Boyles at firstname.lastname@example.org or call the Lavin Center at 619-594-2781.
This event is supported in part of Platinum Level Sponsor, Torrey Pines Bank, Gold Level Sponsor, Union Bank, Gold Level Sponsor, Ernst and Young, and Bronze Level Sponsor, Niki Krutop.