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Dr Kogelnik wins award for business model with Open Medicine Institute!

Discussion in 'General ME/CFS News' started by Kati, Nov 21, 2012.

  1. Kati

    Kati Patient in training

    As part of Global Entrepreneurship Week, Santa Clara County StartUp Cup held their event finals. From a pool of more than 50 applicants, three were recognized for their businesses models.
    The first place winner was Open Medicine Institute. The Open Medicine Institute (OMI) is a new model for re-designing healthcare and research by combining social networking, information technology, genomics/biotechnology and clinical medicine. OMI is building a sharable database and aligned biobank infrastructure with incentives to help engage patients and healthcare providers, lower costs in medicine, improve the quality of clinical practice, and accelerate research and clinical trials.

    Contestants were judged on:

    Reasonable opportunity for success of the business model
    Company meets an identifiable need and actively tests market response
    Company has a strong execution strategy
    Company has identified and allocated resources to be successful
    Company utilizes resources effectively
    Company has a believable competitive advantage
    Company has a sound target market and customer base
    Revenue and profit models that fit
    Strong, coachable management team
    Contribution to uniqueness
    Realistic time-frame for company growth

    What did he win? Essentially, bragging rights, and 20 hours of targeted business coaching.
    "The winners will be presented awards at the StartUp Cup Competition Celebration to be held. All finalists will be expected to participate in or attend the StartUp Cup Competition Celebration and may be required to make a brief presentation about their companies during the celebration. The winning business model may receive entrepreneurial/ Strategic Partner support, prize money, and introductions to additional funding sources."

    Congratulations Dr Kogelnik!
    RUkiddingME, Enid, Merry and 4 others like this.
  2. heapsreal

    heapsreal iherb 10% discount code OPA989,

    australia (brisbane)
    Good on him.
    I bet he isnt apart of the organisation that gave him the award not unlike another supposed cfs/me doc who thinks he knows all the answers and our illness is just an illness belief??
    Merry and Sing like this.
  3. Kati

    Kati Patient in training

    Correct, Heapsreal, a fully independant judged competition free of conflicts of interests.
    heapsreal likes this.
  4. MishMash


    Huzzah !!
    Enid, heapsreal and Kati like this.

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