Application deadline: Jan 27th - Award: $125,000

Event: Tulane Business Model Competition

Application Deadline: January 27, 2020

Award Amount: $125,000

Location: New Orleans, LA

Eligibility Criteria:

  • Student Team – Competing teams should consist of at least one and no more than five degree-seeking college students who are enrolled part-time (minimum of 6 credit hours) or full-time in a semester during the competition year. In general, a member of the student team should be CEO, COO, or President of the venture, or members of the student team should occupy 50% or more of the functional area management positions that report directly to the CEO, COO, or President.
  • Ownership – The student team must have a minimum of 20% ownership in the venture.
  • Control – The student team must control a minimum of 51% of the venture’s voting rights.
  • Revenue – Revenue is one form of validation for a successful venture. However, if revenues are excessive, TBMC organizers will determine if a team is still eligible to participate in the competition. 
  • Investment – Like revenue, investment is another form of validation. However, if investment is excessive, TBMC organizers will determine if a team is still eligible to participate in the competition.
  • Nature of Venture – Ventures cannot be a buyout, an expansion of an existing company, a real estate syndication, a tax shelter, a franchise, a licensing agreement for distribution in a different geographical area, or a spin-out from an existing corporation. Licensing technologies from universities or research labs is encouraged, assuming they have not been commercialized previously. 
  • Prior Activity – Ventures may compete in the TBMC multiple times provided they still meet all other eligibility requirements. Note prior participation rules in the International Business Model Competition may differ. 
  • Dropping Out of the Competition – If a team withdraws or does not compete in the competition after accepting a bid, the team and the university will be subject to disqualification from competing in the Tulane Business Model Competition for that year and the following year – a two-year ban.   
  • Faculty Mentor – We require that all teams have a faculty mentor from the participating institution.

Required Documents: Check Site

Contact Info: A. B. Freeman School of Business

Tulane University

Goldring/Woldenberg Business Complex

7 McAlister Drive

New Orleans, LA 70118

Contact & Directions

Fees: Check Site

Stage of Your Company: Ventures cannot be a buyout, an expansion of an existing company, a real estate syndication, a tax shelter, a franchise, a licensing agreement for distribution in a different geographical area, or a spin-out from an existing corporation. Licensing technologies from universities or research labs is encouraged, assuming they have not been commercialized previously.