LeanModel Competition

A Lean Startup Competition for Student Entrepreneurs

Winner Crowned in Spring 2020 LeanModel Competition
 
The Spring 2020 LeanModel Competition has concluded and the results are in. But before we announce the winner, we would like to offer a big thanks to everyone who helped us put on another awesome, albeit virtual, rendition of this event. Those people include:
 
The semi-finals judges: Maria Gonzalez-Branch, Jim Matteo and Cathy Pucher. 
The coaches: Jack Doheny, Julien Brandt and Tanya Hertz
The finals judges: Robert Schulte, Jennifer Barnes and Kristian Rauhala. 
 
Eight teams took part in the semi-finals of the competition. Each of them brought forth excellent pitches, giving the judges a tough time narrowing it down to just three teams to advance to the finals. 
 
The three finalists were:
Till
TekMate
Koi Energy 
 
The finals of the competition were hotly contested, but at the end of the day the judges could only pick one winner. The trophy and cash prize went to: 

Koi Energy, which will use the $5,000 cash prize for further research and development of an energy gum with a goal of producing a healthy alternative to coffee and energy drinks.
 

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When and Where:
March 20, 2020
8:00am to 1:00pm
Lavin Entrepreneurship Center
 

The LeanModel Competition is a San Diego State University startup competition, managed by the Lavin Entrepreneurship Center and is open to all levels of students. Undergraduate, graduate and Ph.D. students are welcome to participate. The competition's goal is to help create more viable startups that are solving big problems in large markets and industries. Key components of the completion will be the startups business model, an MVP (minimum viable prototype), research and testing with real potential customers, and then, based on results, either to pivot or to develop a new go-forward plan. Problem identification, lean mentality, rapid MVP prototyping, and customer testing and research along with the proposed business and marketing strategy are key elements that judges will be evaluating. We are looking for student teams trying to build real companies and solve real problems. 

There will be a top prize of $5,000 for the finalist winning team. Awards for teams finishing below the winning team will still need to be determined. The LeanModel Competition is a regional qualifier competition for the International Business Model Competition supported by 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 IBMC international competition sponsored by BYU. 

The LeanModel Competition had its origins in Venture Challenge (a 20-year competition held at SDSU) and 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 Bernhard Schroeder at [email protected]