Tulane Business Model Competition

The 2025 Tulane Business Model Competition at the Freeman School of Business showcases innovative, student-led startups that are reshaping their business models to meet real customer needs. Three finalists shared a $125,000 cash prize, awarded to ventures that applied Lean Startup principles, tested key assumptions, and demonstrated strong potential for commercial success. Hosted by the Albert Lepage Center for Entrepreneurship and Innovation, the competition highlights the power of customer-driven innovation and entrepreneurship.

The Tulane Business Model Competition awards funding to early-stage student ventures that can demonstrate how they are adapting to their customers’ needs. In 2025, the 3 finalists split a cash prize of $125,000.

The contest rewards founders who are creating commercially viable ventures through breaking down an idea into a key business model hypothesis, who have tested their assumptions with customers and who have applied Customer Development/Lean Startup principles to refine the model for improved success.

This is our premier annual event to identify, promote and support new companies. Every year I’m amazed at the talented student entrepreneurs who present their ventures, and I look forward to meeting this year’s applicants.

- Rob Lalka, executive director of the Lepage Center

Following the initial application, judges select six ventures to compete in the competition’s semi-final round. Judges then choose three finalists to pitch their business models in the final round of the competition to determine the first, second and third place prize winners who will share a cash prize.

Applications for the 2026 TBMC will open in Fall 2025. For more information or to sign up for updates, contact Timekia Mallery at tmallery@tulane.edu.