But what if you're not a college band? Well, you could enter this one. Bandwagon (the UK's first "social network music portal for independent labels, artists and unsigned bands" - just in case you wondered) and EMI publishing are staging a battle of the bands style competition, the winners of which will get EMI studio time to cut a CD and slots at upcoming Bandwagon live events.
Bandwagon MD Huw Thomas told CMU: "The EMI Music Publishing competition gives good breaking talent the opportunity to refine themselves in the studio. The independent scene is vibrant again and it's a good incentive. EMI Music Publishing sees the impact mobile and social-networking communities can have for artists, and Bandwagon helps independent and unsigned artists get content out to a wider audience, providing the same mobile and online capability as the majors and mobile operators."
So there you go. Full info at http://www.bandwagon.co.uk.