March 26 - 27, 2019
open to college students

Apply by
March 20, 2019

Apply now

This event is open to college students to participate, but is not open to the public for viewing. 

BMC, or Business Model Competition, allows students to present their business to judges who are experienced entrepreneurs outside the University of Iowa for the opportunity to win seed funding for their business. All students enrolled in at least 6 s.h. and in pursuit of a four year degree at an Iowa college with a Pappajohn Entrepreneurial Center are eligible to participate. These colleges include: the University of Iowa, Iowa State University, University of Northern Iowa, Drake University, and North Iowa Area Community College. This competition is held every spring, and awards a total of $50,000 in cash prizes annually.

Participants will present an eight minute long PowerPoint presentation with a completed Business Model Canvas and financial projections to a panel of judges. The presentation will be followed by four minutes of questions from the judges. The judges and the competition coordinator will be the only people in the room with the presenters. There are two days of competition. Both days include an eight minute pitch and a four minute Q&A time.

Day 1: Early Stage Companies

  • Have NOT achieved revenue (OR)
  • Have NOT won $1,001 or more in business competitions
  • The winner of Day will advance to compete in Day 2

Day 2: Advanced Companies

  • Have achieved revenue (OR)
  • Have previously won $1,001 or more in business competitions
  • This day serves as the qualifier for the International Business Model Competition and Pappajohn Business Competition

Find Out More