Kati
Patient in training
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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!
http://scc.startupcup.com/updates/#.UK1TF3y9KSM
http://www.gewusa.org/blog/open-medicine-initiative-takes-top-prize-santa-clara
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!
http://scc.startupcup.com/updates/#.UK1TF3y9KSM
http://www.gewusa.org/blog/open-medicine-initiative-takes-top-prize-santa-clara
