We realize this is an issue most folks are running into and we have fixed this template and we are looking ways to get you access to it. However, there is a relatively easy workaround to fix this issue.
The steps involved are :-
Create a new or open up an existing application that was created using the BusinessApplicationTemplate
Once the project is open, go to the Project Properties page for the Silverlight Application.
In that, first uncheck the OOB option which is enabled by default
Save the project
Close the Project Property Page
Open the Project Property page again
Then go ahead and check the OOB option.
Read more: @deepeshm