ESPRIEX Business Model Competition ASEAN 2016 Total Prize More Than USD 2,750

ESPRIEX

International Competition | This Business Model Competition is held by Universitas Brawijaya, Malang and will be conducted on February 2016. The ESPRIEX Business Model Competition ASEAN 2016 is looking for students participating in this year competition which will take place on February 2016 at Universitas Brawijaya, Malang. The ESPRIEX Business Model Competition ASEAN 2016 is a collaboration event with the International Business Model Competition co-hosted and co-founded by Brigham Young University and Stanford University. The ESPRIEX Business Model Competition ASEAN 2016 Total Prize More Than USD 2,750

ASEAN Business Model Competition represents an alternative for the entrepreneurship community. Competing in the ESPRIEX BMC will not only help you learn about this paradigm, it will also help you become a more successful entrepreneur and decrease the time it takes you to reach that success. The ESPRIEX BMC offers students the chance to win funding for their business idea. Invest a few hours into understanding Business Model Principles and your life as an entrepreneur will change forever.

ESPRIEX Business Model Competition ASEAN 2016 Total Prize More Than USD 2,750

DEADLINE: 10 January 2016

We are the first and  the  largest business model competition in ASEAN, the world of entrepreneurship is waiting for the next business with an innovative business model

Espriex BMC ASEAN will be conducted next year in February, Stay tune on our website and don't forget to prepare your idea. Join the competition and represent ASEAN in International Business Model Competition in Harvard.

The Winners of ESPRIEX Business Model Competition ASEAN 2016 will represent ASEAN regional qualifier winners in the IBMC held on May 2016 at Harvard University.

The Business ModelCompetition is judged much differently than traditional business competitions. The competition focused on the inputs and process of entrepreneurship and not its outputs. Participants won't be rewarded for doing lots of library research, creating fancy graphs, or crafting the perfect sales pitch. Instead they will be rewarded for:

  1. Breaking down their idea into hypotheses based on the element of the Business ModelCanvas.
  2. Getting outside the building and testing their assumptions with real customers to nail the pain.
  3. Applying customer development and lean startup principles to make sure they nail the solution.
  4. Learning to pivot (or change) until they have a customer-validated business model that achieves product/market fit.

About Business Model Competition:

  • IDEA ; Are you an entrepeneur or thinking to be one? Do you have a business idea? If you don't! Maybe you want to start by finding a customer problem.
  • DESIGN ; Use the business model canvas to design yourbusiness.
  • TEST ; Test all your asumption above and try to validate with hard facts.
  • PIVOT ; If needed, make adjusments or pivot your business model after talking with customers.
  • TELL US ; Tell us your business model which you feel is worth executing.

Ready to take the challenge?

  • Open Registration : 30 October 2015
  • Open Submission : 1 November 2015
  • Registration and Submission Deadline : 10 January 2016
  • Finalist Announcement : 18 January 2016
  • Final Round : 22 - 23 February 2016

More info:
email : espriexbmc@gmail.com
website : www.espriex.co
Phone : +6281 33582 2370 / +6285 79951 0342
Fanpage : www.facebook.com/espriex
Twitter : www.twitter.com/espriex

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