Business Model Canvas Workshop for Student Entrepreneurs Nov. 11

LEXINGTON, Ky. (Nov. 10, 2014) — Students will learn a valuable entrepreneurial tool called The Business Model Canvas from 5-6 p.m. Tuesday, Nov. 11, in the James. F. Hardymon Theater in the Davis Marksbury Building.

Nick Such, UK alumnus and director of Awesome Inc U, will lead The Business Model Canvas workshop, a method for creating a business model based on a customer value proposition.

“The Business Model Canvas is a powerful tool for understanding the key drivers of existing companies, as well as designing disruptive new business models to compete with them,” said Such.

UK Venture Challenge — scheduled for March 7, 2015 — allows students to show off their innovative and entrepreneurial spirit and gain real world experience by competing. Undergraduate and graduate teams develop their ideas into potential startup ventures, prepare a written proposal, and pitch their venture to judges from the local entrepreneurial community. The top winning teams — two undergraduate teams and two graduate teams — share $3,000 in scholarship prizes, and advance to the state competition, Idea State U.

The Venture Challenge competition and workshops are organized by iNET, the Innovation Network for Entrepreneurial Thinking hosted by the College of Communication and Information; the Von Allmen Center for Entrepreneurship and the Lexington Office of the Kentucky Innovation Network, Gatton College of Business and Economics, and the student Entrepreneurship Club.

MEDIA CONTACT: Ann Blackford at ann.blackford@uky.edu