The Business Model Competition is open to all participatants who meet the [http://www.businessmodelcompetition.com/eligibility-criteria.html Eligibility Criteria]. Bringing this competition to campus doesn't establish the necessity to submit any application to BMC or the requirement to establish a local chapter on campus. Although, BMC does enforce a set of rules that ensure the strong representation of students within the competing teams, allowing for the attraction of new student entrepreneurs.
= <span style="color:#ff0000;"><span style="font-size:mediumlarger;">To apply to the IBMC, teams must fill out and submit the application form at the beginning of January. However, before submitting the application, teams also need to complete the following:</span></span> =
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<li><span style="font-size:medium;"><span style="color:#000000;"><span><span style="font-variant-numeric: normal; font-variant-east-asian: normal; vertical-align: baseline; white-space: pre-wrap;">Create a 5-8 minute video presentation</span><span style="font-variant-numeric: normal; font-variant-east-asian: normal; vertical-align: baseline; white-space: pre-wrap;">describing the customer discovery and validation you have been through with your idea and business model. You may use PowerPoint, Keynote, Prezi or any other presentation software. The presentation needs to be narrated and saved as a video file. See the "Presentation Video Creation Tools" section of the</span></span></span><span id="docs-internal-guid-c6aa8d59-e197-00ac-16ee-72c505f62baf">[http://www.businessmodelcompetition.com/preparing-your-submission.html <span style="color:#000000;"><span style="font-variant-numeric: normal; font-variant-east-asian: normal; text-decoration-line: underline; vertical-align: baseline; white-space: pre-wrap;">Preparing Your Submission</span></span>]</span><span style="color:#000000;"><span><span style="font-variant-numeric: normal; font-variant-east-asian: normal; vertical-align: baseline; white-space: pre-wrap;">page for help doing this. </span><span style="font-variant-numeric: normal; font-variant-east-asian: normal; vertical-align: baseline; white-space: pre-wrap;">We also strongly encourage you to check out the submission example videos on that same page.</span></span></span></span></li>