2018 Bob Mark Business Model Competition

The Bob Mark Business Model Competition provides a venue for students of all majors to pitch their entrepreneurial ideas before an audience and a panel of judges. Prior to the competition, students receive coaching from business professionals to hone their ideas and improve their pitches.

The 2018 Bob Mark Business Model Competition took place Wednesday, Dec. 5. More than 20 participants making up 15 teams pitched business plans for ideas ranging from hypothermia-preventing life jackets to a web-based stress management program.
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Bob Mark Business Model Competition Applications Now Open

The Innovation Center for Entrepreneurship will host the 2018 Bob Mark Business Model Competition from 7 to 9 p.m. Wednesday, Dec. 5 in the Opie Library. Students can apply to compete here.

Prizes will be awarded to the most scalable and actionable business model pitches. Using prize money, students have a chance to take their entrepreneurial idea to the next stage of development further preparing them for additional opportunities such as competing at the New Venture Competition held in April at Central Michigan University.

President Koubek will serve as a distinguished judge alongside other entrepreneurially minded faculty, staff, and community members.

Prizes for the Bob Mark Business Model Competition include:

  • First Prize – $2,000 + $100 services from MTEC SmartZone
  • Second Prize – $1,000 + $100 services from MTEC SmartZone
  • Third Prize – $500 + $100 services from MTEC SmartZone
  • Honorable Mention (2 prizes) – $250 each
  • Audience Favorite – $250
  • MTEC SmartZone prize – $1,000

Students should apply by submitting this form no later than midnight on Wednesday, Nov. 21. The top 15 applicants will be selected to participate in the Bob Mark Business Model Competition. Student guidelines, scoring criteria, and a blank Business Model Canvas can be found at mtu.edu/honors/ice/husky-innovate.

The 2018 Bob Mark Business Model Competition is part of Husky Innovate, a series of workshops and events that guide students through key phases of innovation or business development while emphasizing evidence-based strategies for success. The competition is hosted by the Innovation Center for Entrepreneurship, which is a collaboration between the Pavlis Honors College, the School of Business and Economics, and the Vice President for Research Office. The event is a tribute to the late Bob Mark, professor of practice in the School of Business and Economics. Mark founded the Elevator Pitch Competition and brought the Business Plan Competition to Michigan Tech. His entrepreneurial spirit lives on in students, faculty, and staff.


Imagineering Audit 4.0 Researcher at Michigan Tech

Jun Dai is a visiting assistant professor from Southwestern University of Finance and Economics in China. She received her PhD in 2017 from the Rutgers Business School. Her research interests include applying new technologies such as blockchain, industry 4.0, and data analytics for the auditing profession.

Dai’s paper “Imagineering Audit 4.0” received the Bright Idea award in 2017, which is identified as one of the top 10 manuscripts for the year among all publications of New
Jersey ’s business faculty.

In addition to conducting research, Dai will be guest lecturing finance and accounting classes during her time on campus.

Earlier this month, Dai presented to the 43rd World Continuous Auditing and Reporting Symposium. The theme of the symposium was disruptive innovation in accounting. Her presentation, “Utilizing Blockchain and Smart Contracts to Enable Audit 4.0: A Case of Accountability Audit of Air Pollution Controls In China,” explored the potentials of using smart sensors, Internet of things, blockchain, and smart contracts to reengineer current auditing procedures to be more agile, precise, and transparent.

Dai serves as an associated editor of the Journal of Emerging Technologies in Accounting and has published in academic journals and professional journals, including Accounting Horizons, Journal of Information Systems, International Journal of Accounting Information systems, Journal of Emerging Technologies in Accounting, and the CPA Journal.


Business and Technology Merges in Husky Innovate Idea Pitch Competition

The first annual Husky Innovate Idea Pitch Competition took place Wednesday, Oct. 17 in Fisher Hall. The competition was hosted by the Innovation Center for Entrepreneurship, a collaboration between the Pavlis Honors College, the School of Business and Economics, and the Vice President for Research Office.

More than 30 students from various majors and disciplines pitched to a panel of judges comprised of faculty, alumni, and community members. Participants had two minutes to pitch their innovative and disruptive ideas. Alumni from Michigan Tech’s 14 Floors joined the judging panel to offer feedback and expert advice to budding Michigan Tech entrepreneurs.

Two students on stage after presenting in the Husky Innovate Idea Pitch Competition
Students in the School of Business and Economics participate in the Husky Innovate Idea Pitch Competition.

The winners of the 2018 Idea Pitch Competition are:

  • First Place and Audience Choice—Cameron Philo, Electrical Engineering, Pavlis Honors College, Life Pro Jackets
  • Second Place—Gary Tropp, Computer Network and System Administration, A Better Way to Schedule Classes
  •  Third Place—Mayank Bagaria, Mechanical Engineering, Wearable Translator
  • Honorable Mention—Sarah Smyth, Business, Post-op Bra for Breast Cancer Survivors
  • Honorable Mention—Christopher Codere and Joshua Hansen, MBA and Software Engineering, Firearm Detection Technology for Police Officers
  • Honorable Mention—Marina Brusso and Maxx Fredrickson, Marketing/Management and Management, Parking Improvement App

The Idea Pitch Competition is part of Husky Innovate, a series of workshops and competitions that guide students through key phases of business development while emphasizing strategies for success. More information on upcoming Husky Innovate events can be found at mtu.edu/husky-innovate.