After going through fierce competition in the top 25 and top 5 rounds, finally the CoAss team from Gadjah Mada University was crowned the 1st Winner of the ASEAN 2017 ESPRIEX Business Model Competition. (Brawijaya University) who had to settle for sitting in second and third positions.
Thus, CoAss is entitled to a cash prize of USD 5,000. In addition, CoAss will depart for the United States in mid-2017 to compete in the top 48 of the 2017 International Business Model Competition at Harvard University as a representative from ASEAN.
Before winning the title, CoAss must compete in the top 5 round with four other teams, namely Olride (UB), Atfire (UB), Edu Techno (International Islamic University Malaysia), and Runnex (Chulalangkorn University, Thailand). The performance of the five teams was very good and managed to amaze the jury consisting of Sunu Widyatmoko (Fintech), Dedy Satryo Pambudi (TAPP Market), Dr. Antonius Setyadi (Castrol Indonesia), Jacky Mussry (MarkPlus, Inc.), Mohammad Iqbal DBA (FIA UB), and Mokhammad Kholid Mawardi PhD (FIA UB), and Michael Hendron as a representative of the International Business Model Competition from Harvard University via teleconference.
According to information obtained from the committee, the top three teams actually have a good business modeling concept. It's just that, when compared to other teams, CoAss has more value in the form of a better social impact on society. That's because the CoAss application proposed by a team consisting of UGM Dentistry students aims to connect dental patients and dental dental implants. Not only that, CoAss also helps in terms of financing. Thus, they have a greater chance of getting customers compared to working alone.
