APPLY TO VENTURE DAY MADRID!

Rafael del Pino, November 28th, 2019

ATTENTION IE STUDENTS & ALUMNI:


Our next Venture Day Madrid is NOV. 28th, 2019.

APPLY TO COMPETE!


Over the last 7 years, teams that have pitched at IE Venture Days have raised over €70M+ in INVESTMENT - this is your chance to become one of them!

IE VENTURE DAY is IE University’s startup competition where selected startup teams get the chance to pitch to an audience of local and international angel and VC investors.


Eligibility:

· At least 1 founding member of the startup must be a current IE student or alumnus/a.

· Startup cannot have received more than 250k€ in private funding (this does NOT include personal funds, FFF or state grants/loans).

· Startup was founded (incorporated) less than two years ago.


Selection Criteria

1. Innovative – product/service, business model, and/or route to market

2. Scalable – international commercial potential & scalable business model

3. Team – relevant skills & experience mix

4. Market – clear & large market opportunity

5. *Status – must have full time dedicated team and product/service in the market with early traction (customers and/or users)
*Alumni full-time teams must clearly demonstrate market traction in order to be competitive.


Selection Process & Dates*

· Send an Executive Summary to Carmen Corrais, carmen.corrais@ie.edu by 12-noon Tuesday, Oct 29th, 2019.

· Nov 5th: Announcement of startups selected to pitch at semi-finals.

· Nov 11 – 15th: Semi-finals 5-minute pitches in ENGLISH before a jury at IE.

· Nov. 19th: Announcement of startups selected to participate as semi-finalists or finalists in Venture Day.

· TBD: Pitch Practice Session for Finalists

· November 28th 2019 (4pm-9pm): Finalists & Semi-Finalists Pitch at IE Venture Day Madrid
*Dates subject to change (except for Venture Day)


MANDATORY Guidelines for Executive Summary:

We will NOT read summaries that do NOT follow these guidelines

1. The summary should be a maximum of 2 pages

2. Clearly state when and what program you are in or have graduated from at IE

3. Include key data including: Problem/Need/Opportunity, Solution, Market, Business Model, Marketing Strategy, Traction To-Date, Financials, Team, Funding to date and amount of investment you are seeking, if applicable.

4. Be sure that each of the 5 selection criteria is clearly explained.


If you have questions, please contact Allison Rohe, Deputy Director, IE Venture Lab: allison.rohe@ie.edu


Send Executive Summaries to Carmen Corrais at carmen.corrais@ie.edu



GOOD LUCK!

Venture Lab @ IE Business School

IE Business School is one of the most celebrated business schools in the world ranked No.1 in Europe and 8th Worldwide by The Financial Times 2012. IE Business School is also ranked No. 9 Worldwide for Entrepreneurship by Bloomberg´s Business Week. The Venture Lab is IE Business School´s startup accelerator where students and alumni are given the oportunity to launch their own ventures with the support of our expert mentor network, a series of startup workshops, and incubation at Area 31 our startup incubator. We accelerate 50 innovative high potential startups a year of which we see up to 20% of teams go on to launch the venture and/or secure seed funding.

Venture Day!

Thursday, Nov. 28th, 3-9pm

39 Calle Rafael Calvo

Madrid, Community of Madrid