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LASTEST UPDATE     ▪️      COMPETITION INFORMATION

2025 Competition Will Be Held in Tokyo!

Model Entrepreneur® Competition

Launched 11 years ago by Columbia Business School, the Model Entrepreneur® Competition invites students to solve real-world business problems by conducting market analysis and crafting detailed business plans. Additionally, participants also create promotional videos and presentations to the judges.
Interested in the competition?
Model Entrepreneur® Competition

Competition Overview

Grades 9 to 12
Eligibility
Basic Plan ($999), Signature Plan ($1,699), and Premium Plan ($4,999)
Entry fee
January 15, 2025 (PST GMT-8)
Submission Deadline
July 29, 2025 - July 31, 2025
Competition Events

Competition Details

1. Eligibility

Students must be enrolled in grades 9-12 to participate in the competition. Teams must consist of 2 to 6 members.

After confirming team info, team members cannot be added or removed. However, if a team member withdraws, the team can continue as long as at least two members remain.

2. Contest Guidelines

Step 1: Fill out the registration form

Step 2: Submit qualification materials

  • Team Introduction Video: 1.5 to 2 minutes introducing all team members and your entrepreneurial idea.
  • Complete the Online Question Set: Each team must fill out the designated online question set as part of the review process.
  • Provide Supporting Documentation for ONE of the following criteria:
    • Attend a listed school
    • Submit a recommendation letter (in English) from a club advisor, teacher, or past MEC award winner.
    • Provide school grades or English proficiency test scores as proof of academic qualification.

Step 3: Receive acceptance letter and make payment

Note: Students studying in mainland China should register for MEC Hybrid China 2025 to skip the qualification review and gain additional resources.

3. Deadline

Competition Sign Up:

  • Registration and Qualification Materials Submission Deadline: Jan 15, 2025 (PST GMT-8)
  • Payment Deadline: Jan 22, 2025 (PST GMT-8)

Competition Process:

  • Business Proposal – First Draft Submission Deadline:April 7, 2025 (PDT GMT-7)
  • Commercial Video Submission Deadline: May 30, 2025 (PDT GMT-7)
  • Business Proposal – Final Draft Submission Deadline: July 14, 2025 (PDT GMT-7)
  • Check-in: July 28, 2025 from 14:30 – 20:30 (JPT GMT+9)
  • Competition Events: July 29 – July 31, 2025 (JPT GMT+9)

4. MEC Legacy Tokyo 2025 Competition Activities

  • Orientation: Gain essential insights and guidelines to kickstart your journey.
  • Lectures: Learn from industry leaders, including Dr. Anas Chalah, Assistant Dean at Harvard School of Engineering and Applied Sciences.Workshops: Engage in hands-on learning sessions with top professionals.
  • 3-Day Competition: Compete in a high-stakes challenge to showcase your entrepreneurial skills.
  • Networking Opportunities: Connect with peers and industry professionals at the dinner party and social events.
  • Explore Tokyo: Experience the city’s rich culture and vibrant atmosphere.

5. Prizes

MEC recognizes outstanding participants with start-up funds, trophies, certificates, and IEG scholarships, which grant access to various IEG programs.

  • 1st Place: $12,000 ($3,000 start-up fund; $1,500 in scholarships for IEG programs per member; letter of recommendation from MEC Judge)
  • 2nd Place: $9,800 ($2,000 start-up fund; $1,300 in scholarships for IEG programs per member; letter of recommendation from MEC Judge)
  • 3rd Place: $7,550 ($1,250 start-up fund; $1,050 in scholarships for IEG programs per member; letter of recommendation from MEC Judge)
  • 4th Place: $6,300 ($600 start-up fund; $950 in scholarships for IEG programs per member; letter of recommendation from MEC Judge)
  • 5th Place: $4,500 ($300 start-up fund; $700 in scholarships for IEG programs per member; letter of recommendation from MEC Judge)

6. Registration Fee

  • Basic Plan ($999): includes Competition Fee, Workshop & Lectures, Networking Opportunities, Dinner Party, and Daily Lunch. Students with this plan must arrange their own transportation to the venue daily.
  • Signature Plan ($1,699): includes everything in the Basic Plan plus Daily Breakfast, Accommodation for 3 nights, and Chaperone Support. Students must check in at the assigned hotel lobby on July 28, 2025, between 14:30 and 20:30 (JPT GMT+9). No airport pick-up is included.
  • Premium Plan ($4,999): includes everything in the Basic Plan plus Daily Breakfast, Luxury accommodation, Dedicated Chaperone Support, Private Group Chat, Airport Pick-up/Drop-off, and Taxi for Transit. Students must provide flight details for airport pick-up/drop-off.

Submission Details

1. Submission Deadlines

  • Business Proposal (First Draft): April 7, 2025 (PDT GMT-7)
  • Commercial Video: May 30, 2025 (PDT GMT-7)
  • Business Proposal (Final Draft): July 14, 2025 (PDT GMT-7)

2. Required Materials

Students are required to submit 2 key materials: Business Proposal and a Commercial Video. Students can delete and re-upload files before the deadline, but no late submissions will be allowed. 

Join our competition prep classes now!

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