rst and largest lean startup 96%
TRANSCRIPT
96%OF STARTUPS FAIL WITHIN 10 YEARS
The first and largest lean startup competition in the world. The Business Model Competition Global Final focuses on validating market need before launching a product.
BUSINESS PLAN
BUSINESS MODEL
While a business plan may be outwardly organized, elements of value proposition, cost structure, and revenue streams are scattered throughout the proposal, often spread over several pages.
A business model uses consumer and partner validation to organize value proposition, cost structure, and revenue streams onto a single page diagram that clearly outlines a proven course of action.
Focusing on the model
The Path to BMC Global Final
Qualifier Competition
Other Teams
Winner
Other Teams Online
Round
BMC GLOBAL
STAGE 1 STAGE 2 STAGE 3Winners of the
Qualifier Competitions are guaranteed a spot and advance directly
to IBMC.
All other teams register for the At Large Round
with a short video presentation using
Lean Model Canvas.
Competition winners and teams selected
from the Online Round compete in
the BMC Global Final.
Making a Home at BYUThe BMC Global Final will be held at BYU on May 21-22, 2020. Keeping the conference at BYU now and in the future will allow for it to be made bigger and better every year.
30,000
40
Over
student teamsfrom more than
different countrieson6continentshave participated in BMC affiliated
competitions
$1,500,000More than
awarded since 2011
Past Winners
IBMC Founders
Partners
BMC Global Final 2020 Judges
ASH MAURYA Author of
Running Lean and creator of Lean Stack and the Lean Canvas
DAVID BINETTI
Creator of The Innovation Options
Framework and 3-time Founder
and CEO
DAVID BLAND
Founder and CEO of Precoil and Author of
Testing Business Ideas
COMING SOON
We will be announcing another
judge for BMC Global in the
upcoming weeks