This document provides information about the Japan Business Model Competition (JBMC) taking place in October 2020. It discusses the introduction and background of JBMC, how to prepare for the competition, and the schedule and application forms.
Some key points:
- JBMC is Japan's largest business model competition that is connected to international competitions. Students from many top Japanese universities have participated.
- The competition evaluates hypotheses testing and lean startup approaches rather than traditional business plans. The winner of JBMC is recommended for an international competition.
- Past winners of JBMC have gone on to successful startups and awards, demonstrating its role in supporting entrepreneurship.
- Guidelines are provided on imitating serial entrepreneurs' behaviors, using
This document provides information about the Japan Business Model Competition (JBMC) taking place in October 2020. It discusses the introduction and background of JBMC, how to prepare for the competition, and the schedule and application forms.
Some key points:
- JBMC is Japan's largest business model competition that is connected to international competitions. Students from many top Japanese universities have participated.
- The competition evaluates hypotheses testing and lean startup approaches rather than traditional business plans. The winner of JBMC is recommended for an international competition.
- Past winners of JBMC have gone on to successful startups and awards, demonstrating its role in supporting entrepreneurship.
- Guidelines are provided on imitating serial entrepreneurs' behaviors, using
The International Business Model Competition (IBMC) was founded in 2010 by Brigham Young University to be the first and largest student venture competition of its kind. It focuses on teaching students to test business model hypotheses with customers and iterate based on feedback. Over the years, it has grown significantly to include nearly 30,000 student teams from around the world. Many past winning teams have gone on to success, raising funding and being accepted to top accelerators. The goal of the IBMC is to educate the next generation of entrepreneurs on best practices for developing validated and customer-centric business models.
This document provides guidelines for the Japan Business Model Competition (JBMC) in October 2019. It outlines three guidelines: 1) Behavioral psychology guideline which instructs participants to imitate successful entrepreneurs. 2) Presentation guideline which instructs participants to draw their business model using the Business Model Canvas tool. 3) Assumption management guideline which instructs participants to verify assumptions and create a hypothesis verification plan to improve their business model. The document provides examples and references to support understanding each guideline.
The document summarizes a presentation given by Dr. Takeru Ohe on business model competitions. It discusses that the goal of a business model competition is different than a business plan competition, as it focuses on testing assumptions with customers rather than creating detailed plans. It provides examples of criteria for judging entries, such as validating hypotheses through customer interviews and tests. It also provides an example of a company called Owlet that iteratively tested and improved its business model based on customer feedback.