Welcome, applicants to the 2014 Tulane Business Model Competition- Submissions are now OPEN!
First Round Applications EXTENDED DEADLINE! 11:59pm (CDT) Friday, February 14, 2014.
The Tulane Business Model Competition represents a radical departure from the past and the crest of a new paradigm in entrepreneurship. The TBMC is not a business plan competition. Participants won’t be rewarded for doing lots of library research, drawing fancy graphs, or crafting the perfect sales pitch to venture capitalists. Instead the TBMC rewards teams for 1) breaking down their idea into the key business model hypotheses, 2) getting outside the building and testing their assumptions with customers, 3) applying Customer Development / Lean Startup principles to make sure they nail the solution, and 4) learning to pivot (or change) until they have a customer-validated business model.