The Pavlis Honors College, the Office of Innovation and Commercialization, and the College of Business bring you the Husky Innovate Event Series — a succession of workshops and events that build on each other with the intention of guiding students through key phases of innovation or business development while emphasizing evidence based strategies for success.
Through participation, students will distinguish their résumé (or prepare to launch their own company), and will build knowledge, expertise, and confidence.
Students who challenge themselves to pitch their idea at either a national, state, or regional competition will find that the Husky Innovate track provides a solid foundation for their goals. The workshops and events emphasize experiential learning and provide the opportunity to get feedback from peers and mentors.
Details and registration information for our spring sessions will be available at the end of fall term.
Business Model Boot Camp
January 12 or 20, 5-7 p.m.
Do you plan to pitch at the Bob Mark Business Model Competition? Do you have an innovative idea that you want to develop further? Are you interested in starting your own business or leading an innovative improvement project? If you said yes to any of these questions, consider attending the Business Model Boot Camp - a free Husky Innovate workshop to develop your idea. Husky Innovate hosts the Business Model Boot Camp, a free virtual workshop to help students develop their innovation. To give everyone a chance to attend, we will host the same workshop at two different times. Register for either the January 12, 2021 workshop from 5–7 p.m. or the January 20, 2021 from 5–7 p.m. Zoom links will be shared on the registration page. Using the Business Model Canvas, students will work with members of the Michigan Tech I-Corps Site Program teaching team to develop a business model for their technology or idea.
About the Business Model Canvas
The Business Model Canvas is a tool developed by Alexander Osterwalder & Yves Pigneur. It emphasizes the relationships of the nine components of a business model - 1) Customer Segments 2) Value Propositions 3) Channels 4) Customer Relationships 5) Revenue Streams 6) Key Resources 7) Key Activities 8) Key Partnerships and 9) Cost Structure. Check out this short video for a brief overview of the Business Model Canvas. The idea is that business plans are static while a successful business model needs to be dynamic. A successful business venture requires a tool that allows one to quickly assess the impact of changes and adjust accordingly.
The I-Corps teaching team will guide students through the process of developing their unique business model. In this workshop, you will map out your canvas with specific focus on the value proposition and the customer segments. After developing a hypothesis around your nine components, focusing on the customer segment and its “pain points”.
Students who plan to compete in the upcoming Bob Mark Business Model Competition are strongly encouraged to register for Business Model Boot Camp 1 or Business Model Boot Camp 2. There is a cap of 25 contestants for our Bob Mark Business Model Competition. Priority will be given to those who have completed the Business Model Boot Camp.
This event is hosted by Husky Innovate, a collaboration between the School of Business & Economics, Pavlis Honors College, and the Office of Innovation and Commercialization.
Bob Mark Business Model Competition
January 28, 5:30-7:30 p.m.
Husky Innovate is hosting the annual 2021 Bob Mark Business Model Competition on January 28 from 5:30-7:30 p.m. We will meet virtually on Zoom. Graduate and undergraduate students from across campus disciplines are invited to compete. Contestants should register by January 25.
Register to competePrizes for the Bob Mark Business Model Competition include:
- First Prize - $2,000
- Second Prize - $1,000
- Third Prize - $500
- Honorable Mention (2 prizes) - $250 each
- Audience Favorite - $250
We invite all faculty, staff and students to join us for an energized pitch competition. While we will miss meeting in person, we are excited about the opportunity to extend this invitation to the extended Michigan Tech community around the world.
Register below to be in the audience for the pitch competition on January 28, from 5:30-7:30 p.m.Bob Mark Business Model Competition Zoom Registration
About the Competition
The Bob Mark Business Model Competition assesses the potential of an idea by focusing on the product-market ﬁt - the product/technology idea and the value it brings to the market.. Prizes will be awarded to the most scalable and actionable business model pitches.
This event is a tribute to the late Bob Mark, Professor of Practice within the College of Business. Mark started the Elevator Pitch Competition at Michigan Tech. The Bob Mark Pitch Competition recognizes his entrepreneurial spirit and its continuation at Michigan Tech.
The 2021 Bob Mark Business Model Competition is hosted by Husky Innovate, a collaboration between Pavlis Honors College, the College of Business and the Oﬃce of Innovation and Commercialization.
Husky Innovate is Michigan Tech’s resource hub for Innovation & Entrepreneurship. We host free workshops, competitions, NSF I-Corps lean startup training, innovation talks, internships, mentorship and we cohost the Silicon Valley Experience.
Finance Your Innovation
Present Your Innovation
New Venture Competition Prep 1
New Venture Competition Prep 2
New Venture Competition
April - TBD