2021 RBC EPIC Business Model Canvas Competition (BMCC) now accepting applications
Student entrepreneurs are invited to submit a video demonstrating their business model to a panel of judges for their shot at winning some of the more than $15,000 in prizes from the RBC EPIC Buisness Model Canvas Competition this fall.
The competition is hosted as a learning experience for student entrepreneurs, providing them with the tools to help launch more successful ventures, and invites them to learn about business models, business model validation, and business model canvas, and then demonstrate their understanding through the competition.
The competition is for student-created and student-managed ventures, including new ventures launched by licensing university technology.
Competing teams must consist of no more than five post-secondary students enrolled at least part-time at an accredited institution of higher education in 2021. (Non-students may be part of the venture but cannot participate in the competition, video submission, pitching, Q&A, etc.).
Students are expected to:
- be the driving force behind the new venture
- have played the primary role in developing the business model
- have key management roles in the venture, and
- own significant equity in the venture (if allocated)
Eligibility is ultimately decided by the RBC EPIC Business Model Canvas Competition organizers, who may qualify of disqualify any team based on their interpretation of the “spirit of the competition.” Any questions of eligibility may be asked by emailing firstname.lastname@example.org.
More than $15,000 in prize money is available including a $10,000 first prize, $2,500 second prize as well as the Postmedia People’s Choice Award ($2,000 in in-kind advertising) and The KPMG Financial Competence Award ($750). There are another $6,000 available in gift cards, and each semi-finalist receives a $300 gift card to a tech retailer.
For all the details on eligibility, registration and to learn more about the EPIC BMC, visit this link.
Entrepreneurs don’t have to do all of the work themselves – ForthWrite is specially priced for small businesses who know they should be doing more to develop their marketing and communications plans, but are already at their limits juggling their businesses, their customers, their personal lives, and everything else the world throws at us.