Building a Business Model & Monetization: Turning Idea into Revenue

Having a great idea is only the beginning. The startups that succeed are the ones that build a business model customers are willing to pay for and can scale sustainably over time. Join us for an interactive session with Jason Chen, CEO of Wada FoodTech, as we explore the principles behind building sustainable business models, validating revenue opportunities, and creating monetization strategies that drive long-term growth. Based on his experience building and commercializing innovation, Jason will share practical frameworks, real-world examples, and lessons learned from transforming ideas into viable businesses. Whether you're launching your first startup or refining an existing venture, this session will help you think beyond the product and focus on building a business that creates lasting value. Agenda- Welcome- Host and Speaker Introduction- Panel Discussion- Audience Q and A- Networking SessionSpeaker: Jason Chen is the CEO of Wada FoodTech, where he is building the next generation of foodservice solutions by combining technology, operational innovation, and sustainable business models. His work focuses on helping businesses rethink how value is created, delivered, and monetized in an evolving industry. Beyond leading Wada FoodTech, Jason serves as an IEEE Peer Reviewer, bringing a strong foundation in technology, innovation, and applied research. He is passionate about helping founders move beyond great ideas to build scalable business models, validate monetization strategies, and create businesses with long-term commercial success. Moderators:- Erdinc Ekinci - Founder, Investment Lead of Co-capital.vc, Co-Founder, CEO of Openfor.co, Managing Director of Founder Institute Japan/Korea/Taiwan- Yu Li Shein- Venture Scout of Decile Group, Co-Director, Founder Institute Korea/Japan & /Taiwan Co-founder, COO, Openfor.co, IncWhat You'll LearnHow to design a business model that aligns with customer needsDifferent monetization strategies and when to use themHow to validate pricing before scalingCommon business model mistakes founders should avoidHow to build recurring and sustainable revenue streamsPractical frameworks for evaluating and refining your business modelWho Should AttendStartup founders and co-foundersEarly-stage entrepreneursProduct managers and buildersAI, SaaS, FoodTech, and DeepTech innovatorsStudents and aspiring entrepreneursAnyone looking to turn an idea into a sustainable businessAbout Ecosystem Organization:- Openfor.co is evolving into the AI-era infrastructure layer for entrepreneurial individuals — an incubator where founders, operators, creators, and professionals can plug into Silicon Valley-grade support without needing to already have a company, funding round, or elite network. Suitable to build and grow both a person as an assets and business assets as well. Through a simple membership, AI-enabled systems, visibility support, events, content, mentorship, collaboration access, and venture-connected opportunities, we help individuals become visible, valuable, commercially real, and opportunity-ready at their own pace. Our future is not just education or community; it is a scalable operating environment for people building their next career, business, startup, or investment-ready path in the AI era.-Co-Capital: Co-capital is a strategic VC-as-a-Service firm pre-seed to Series A stage, focused on seeking strong partner alignment. Specializing in GTM expansion, venture building, and marketing-led growth, working with elite entrepreneurial talent and scalable startups preparing for global GTM and investment readiness. Powered by a 300+ individual expert network and delivered in close collaboration with Founder Institute and Openfor.co, enabling fast momentum and execution.- Decile Group: Decile Group is a venture capital platform focused on helping emerging managers launch and operate venture capital firms. Through education, infrastructure, and global investor networks, Decile Group supports the next generation of VC fund managers and startup ecosystem leaders worldwide.- Founder Institute: The Founder Institute is the world’s most proven network to turn ideas into fundable startups, and startups into global businesses. Since 2009, our structured accelerator programs have helped over 9,000 entrepreneurs raise over 2BN in funding. Based in Silicon Valley and with chapters across 100 countries, our mission is to empower communities of talented and motivated people to build impactful technology companies worldwide.- Founder Capital: Founder Capital is a venture capital firm focused on investing in FI’s best-performing pre-seed full-time founders who have already demonstrated traction. This layer supports founders who are building full-time, executing consistently, and showing early signs of market validation. It provides capital, strategic guidance.