Japan Business Model Competition’s Niigata round was held on November 27th 2016 at Nagaoka University of Technology (NUT), hosted by Hokuetsu Bank and iClove with NUT and IUJ co-sponsorship.
15 projects were submitted for documents screening and selected eleven projects were presented from IUJ (three teams), NUT (two), Jigyo Sozo Daigakuin Daigaku (Graduate Institute for Entrepreneurial Studies) (two), and Niigata University (four).
One of the IUJ’s teams came out winner with its project titled “Hanoi Zstore”, network for the swap of consumer items receiving the Hokuetsu Bank Prize; and the Niigata University team presenting “Ehon Catalogue”, picture-book type wedding catalogue, was selected the winner of iClove Prize. Both Prizes were endowed with a ¥300,000 cheque, supported by Minamiuonuma City and Hokuetsu Bank.
The two winning teams will join the final competition for JBMC Prize in February 2017 in Tokyo, which will allow its winner to join the final world-wide International Business Model Competition to be held at Harvard University in Boston.
Let’s extend our warmest congratulations to Ha Phung and Vo Nguyen for their achievement and wish them good luck at the next stage of competition. IUJ also wishes to express its appreciation for Professor H. Ito’s and Professor J. Rajasekera’s efforts in organizing ICLOVE events, including this Business Model Competition.