Artbeating Presents Business Model to Corporate Leaders

From VT KnowledgeWorks:

French-founded company Artbeating presented its business model to a panel of regional corporate leaders on Friday, July 29, 2011, during their summer work-abroad experience at VT KnowledgeWorks in the Virginia Tech Corporate Research Center, Blacksburg, Virginia.  In addition to providing useful feedback to the young entrepreneurs, this type of interaction fosters bonds of trust between globally distant partners and lays the groundwork for continuing inter-regional cooperation.

Artbeating.com is an online marketplace whose goal is to connect companies’ needs and freelance designers’ offers in industrial, graphic, fashion, interior or motion design fields.  Online, a company can submit a brief to the community and then select the best designer for its creative project.  Artbeating's business model is based on a commission system.  Artbeating also provides information and various collaborative tools in order to enhance a designer’s creativity that can become essential to their day-to-day creative life.  Artbeating was founded by four French students in December 2010.  Since then, the community has been built (more than 500 designers use the website every day) thanks to the tools provided (Portfolios, Trends etc.).  The second version of the website, which enables companies to submit their briefs, will be released soon.

Artbeating was a finalist of the 2010 VT KnowledgeWorks Global Student Business Concept Challenge in conjunction with the Global Partnership Week.  This week-long celebration offers university students, faculty, and business professionals from all over the world a chance to collaborate, form partnerships and interact on a completely unique and exciting level in Blacksburg and Roanoke, Virginia.  The Global Partnership is a three-layered, ongoing cooperative association of regions building permanent social, academic, and commercial relationships with each other, for mutual long-term advantage. 

The 2011 Global Student Business Concept Challenge will feature nine elite student teams from around the world competing for the $25,000 grand prize and possession of the VT KnowledgeWorks Global Challenge Trophy.  Two runner-up teams will also win $5,000 each.  The objectives of the challenge are to celebrate the energy and creativity of university students, recognize their important contributions to the global economy, and encourage them to develop their entrepreneurial ideas. 

Citizens of the New River and Roanoke Valleys are invited to attend the Global Student Challenge on Thursday, August 25, from 8:00 a.m. – 2:00 p.m. at the Dumas Center in Roanoke, Virginia.

Registration is also open for the Tastes and Sounds of the Valleys Reception on Wednesday, August 24, from 5:30 – 7:30 p.m. at Hotel Roanoke, as we welcome our global guests and celebrate our region with food and music unique to our area.  You're invited to register for both events.

For questions or more information, contact Christine Pushaw at 540-443-9100 or via email at [email protected].

You're invited to read a related story on Handshake 2.0, Artbeating Accelerates in Blacksburg.

VT KnowledgeWorks encourages and enables creative entrepreneurship world-wide, through innovative curriculum, local business resource centers, and a global network of cooperating regions, all focused on three essential contributors to success: clear understanding of fundamental business principles; access to timely, relevant information; and meaningful personal and corporate relationships.  It is a self-sustaining subsidiary of the Virginia Tech Foundation, funded through the continuing confidence and enthusiasm of its clients, sponsors and friends, both corporate and individual.  Its world headquarters is in the Virginia Tech Corporate Research Center in Blacksburg, Virginia, USA.

Sponsors of the VT KnowledgeWorks Global Partnership Week include: Allegheny Brokerage Company, Inc., CCS-Inc., Economic Development Authority of Montgomery County, VA, G.J. Hopkins Inc., Interactive Achievement, Inc., LeClairRyan, LewisGale Hospital – Montgomery, Newport News Shipbuilding, a Division of Huntington Ingalls Industries, Novozymes, Rackspace, Science Applications International Corporation (SAIC), StellarOne, TechLab, Third Security, The Branch Group Inc., VPT, Inc.

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