Area 31 Newsletter

Thursday, 15th September 2016

Dear Area 31 Entrepreneurs and Friends,

Area 31 brings to you another week packed with stimulating events. Learn about Profit Models, Revenue Streams, Pricing Mechanisms in Let's talk about money session on Tuesday. Do you know how to structure and clarify a financial model? How do you know your business model is profitable and scalable? Attend the Masterclass in Financial Modeling to learn these basics on Wednesday. The Wait is over! We are back with our weekly pitch slam, Venture Network Weeklies this Thursday! Do not miss the opportunity to network with investors and entrepreneurs over beers! Practice pitch slams for the Finalist teams of South Summit continue this week in Mentoring Startups: South Summit'16 and during the week, Prof. Daniel Soriano will be hosting a series of Workshops on Entrepreneurship for his students!

From our Opportunities section don't miss the chance to check out Web Summit: Europe's Largest Technology Marketplace featuring Pokémon Go, Facebook and Tinder CMO among others, buy your tickets! SEC2U – Startup Europe comes to Universities, brings an initiative to showcase the commitment of European universities to create a strong culture of entrepreneurship. Do you have a start up or work in the Travel industry? This is the last week to apply for Hotusa Challenge. Finally, in our blog, HomyHub tells us about their experience at Startupbootcamp Headquarters in London!

Events: 19th September - 25th September

Profit Models, Revenue Streams, Pricing Mechanisms: Let's talk about money

Date: Tuesday, 20th September

Time: 19:00 - 21:15

Location: María Molina 31, MM-101

How do you determine the "right" price? What other sources of revenue should be used? How do you know your business model is profitable and scalable? As we celebrate the start of the academic year with a new encounter of authentic entrepreneurs that will address one of the most complicated components of Business Models: Profit Models.

Please note, this event is will be conducted in Spanish. For more details and registration click here.

Masterclass in Financial Modeling

Date: Wednesday, 21st September

Time: 17:30 - 19:30

Location: Maria Molina 31, MM-101

Is your model a pain in the neck? This introductory workshop with Paula Gomez (Founder, Modelandum) She will help you to create a structured and clear financial model, which will determine important metrics for your business such as how much money you need for your venture, or when will you run out of cash. This is key to think about your business and present it to investors. For more details visit here, to register click here.

Venture Network Weeklies

Date: Thursday, 22nd September

Time: 19:00 - 21:00

Location: The Garden, Area 31

A new round of Venture Network Weeklies kicks off this Thursday. Come see startups give a 7-minute pitch in English, hear feedback from the panel of investors, ask the startups your own questions, and meet the local startup community. This weekly event is an informal way to learn and network with people from within and outside of IE while enjoying a beer from our sponsor, Heineken.

This event is open to all, Register Here.

Workshop on Entrepreneurship

Monday - Friday

Location: Area 31, The Valley

Workshops are Led by professor Daniel Soriano.

The aim of these workshops is to help participants develop entrepreneurial attitudes and skills. Please note, These are private sessions for students enrolled in IE Business School's Master in International Management.

Mentoring Startups: South Summit'16

Tuesday, 20th September, 10:00 – 14:00

Wednesday, 21st September, 12:00 – 13:30

Location: The Garden, Area 31

Last month South Summit announced the final startups who will be pitching during the South Summit Startup Competition on 5th and 6th of October. During this week, our garden area will be busy with Pitch Slamming Sessions of the selected teams who are preparing for the finals in the presence of the IE Mentors.

Please note, this is a private event.


Web Summit: Europe's Largest Technology Marketplace

Date: 7th - 10th November, 2016

Venue: Lisbon

This year more than 50,000 tech CEOs, founders, startups, investors and political leaders driving change across the world are coming together in Lisbon for Web Summit. They’ll be looking for answers to the questions posed by the tech revolution we’re living through. Pokémon Go's CMO Mike Quigley, and CMOs of Facebook, Spotify, Samsung, General Electric and many more will be there. Learn more and get tickets here.

SEC2U – Startup Europe comes to Universities

Date: 17th - 21st October 2016

The SEC2U is an initiative to showcase the commitment of European universities to create a strong culture of entrepreneurship and innovation that is spreading in the university community. The initiative brings together entrepreneurs, businessmen and representatives of local universities and government for one week. Learn more here and sign up here.

Hotusa Challenge: Second Edition

Deadline : 28th September 2016

Hotusa Venture is inviting entrepreneurs and professionals in the travel industry to apply for the 2nd edition of the Hotusa Challenge. The three day event will take place in Madrid from 7-9th October. They are looking for a team of talented professionals to create effective solutions to innovate and improve a sector that is already fascinating. It is a three-day challenge full of intensive training and good teamwork. The selected teams will be built within the Hotusa Venture Builder, backed by funds Hotusa Group.

For more details visit Hotusa Venture Builder and register here.


Area 31 Startup HomyHub: Doors to London

HomyHub, one of Area 31 Startups that allows you to open, monitor and share your garage door from your smartphone through a smart device, was selected as one of the 21 finalists at Startupbootcamp Headquarters in London. HomyHub’s team tells Area 31 its story. Read more here.


  • Monday, 19th September, 9:00-17:30: Only half of the space available for coworking
  • Tuesday, 20th September, 9:00-17:30: Only half of the space available for coworking
  • Wednesday, 21st September, 12:00-14:30: Only half the space available for coworking
  • Thursday, 22nd September, 9:00 - 11:30: Only half the space available for coworking
  • Friday, 23rd September, 8:30 - 14:30: Only half of the space available for coworking
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