What are the details I need to know about participating in the SVMT (Silicon Valley Math Tournament)?

About: The Silicon Valley Math Tournament is an annual tournament hosted by RM Tournaments that gives students an opportunity to apply their knowledge, creativity and math skills to solve challenging problems.
Registration Details: Open to students in grades 1 through 8, with specific divisions for different grade levels.
Tournament Details: Includes both individual and team events, testing various mathematical skills.
Format: Events include a Speed Round (50 problems in 30 minutes) and an Accuracy Round (25 problems in 60 minutes).
Schedule: The competition runs in May-June annually, with several time slots available. Tournament for 2024 has been concluded.
Entry Fee: $25 per student. Students can participate for free if the entry fee will cause financial hardships. Please send an email to tournaments@randommath.com requesting a fee waiver.
Tournament Rules: Participants need a working internet connection for the online format, and all exams are proctored over video call - anyone who is unaccounted for in the proctored sessions will be disqualified. Calculators, graph papers, geometrical instruments, and electronics are not permitted during the examination.
Awards: Awards include certificates and trophies for the top 10 individuals from each grade, cash awards for school teams, and scholarships for top students.

Click here for more details regarding registration for the tournament.