The University of the West Indies, Mona (UWI) placed first and third in the recently concluded annual National Business Model Competition (NBMC), with two out of its five student-entrepreneur teams securing a combined cash prize of J$2.5 million.
First place - Team JA Bio Plastics represented by Jordon Freeman (Faculty of Science and Technology) and Samantha Williams (Faculty of Social Sciences) and Third place - Team Pree Labs represented by Yekini Wallen-Bryan, Matthew Stone and Kriston Kong (Faculty of Engineering), made their winning presentations to a panel of private-sector judges in the final round of the national competition on Friday, March 22, 2019. They competed against 13 other teams across four universities - UWI, Northern Caribbean University, University of Technology Jamaica and Edna Manley College of the Visual and Performing Arts. Other UWI teams which participated in the competition were Align Technologies, ReRoute and Carib Voxx. This is the 2nd consecutive year that UWI has won the Competition.
Mona School of Business and Management (MSBM) through the Vincent HoSang Entrepreneurship Programme led the coordination of UWI’s participation in the competition, providing the teams with mentorship, training and support.
Team UWI - JA Bio Plastics - the first place winner of the NBMC will go on to represent Jamaica at the upcoming International Business Model Competition (IBMC). This year's IBMC will be held on May 9-10 in Provo, Utah, in the United States, where teams from scores of universities and business schools across the globe will compete for the grand cash prize of US$40,000 and the prestigious IBMC trophy.