The 17th annual Tulane Business Model Competition has opened applications and will be offering up $40,000 to students with promising startup ventures. Student teams between two and five people are invited to apply from now until January 27.
“The Tulane Business Model Competition is a way for Tulane University to recognize and foster high-potential ventures that have demonstrated the ability to test their assumptions in the field and then pivot based on that market feedback,” said Sherif Ebrahim, director of entrepreneurship and innovation education at the A.B. Freeman School of Business at Tulane University.
What originally began as a regional competition has since expanded and accepts applications nationwide. Applicants should be working on early-stage ventures that demonstrate a market-tested ability to adapt to customers’ needs.
Throughout the process, the six selected semi-finalists will receiving mentoring and networking opportunities with a number of lean startup experts. The semi-final round will take place in March during New Orleans Entrepreneur Week, with the finalists to be announced at an event in April.