Northern Caribbean University (NCU) became the winner of the 2018 International Business Model Competition (IBMC) during this year’s event held in Provo, Utah, United States, May 10-11, 2018.
The win is no small feat for NCU Team Beasc Tech in that the IBMC had 5,000 competitors from 500 Universities from 30 countries worldwide. The team was awarded the “Traveling” trophy along with a cash prize of US$30,000.
NCU Business Model teams have dominated the local competition since its inception having won four times consecutively. This year, the NCU teams finished third and fourth locally, but came up winners at the IBMC level, which evaded them in the previous years when they won the local competition.
“We are pleased to know that our students went to Utah and won the prestigious International Business Model Competition,” said Dr. Lincoln Edwards, president of NCU. “It is impressive that the top two spots were won by Jamaican teams, with second place going to the team from the University of the West Indies.”
Jamaicans can feel a sense of pride in the recent achievement, added Edwards. “This victory underscores the fact that our students are bright, creative, and innovative, with the ability to compete with students anywhere.”