VC Challenge Comes to Campus

MBA teams compete for coveted prize

30/01/2013 Barcelona


Today the Barcelona campus is hosting one of the most exciting events held at IESE, the Venture Capital Investment Competition (VCIC) 2013. VCIC is the largest global case competition for MBAs based on entrepreneurship and venture capital.

Six teams of five MBA students act as VCs to review five business plans presented by five real start-ups, carry out due diligence and perform a valuation, negotiating a term sheet with the start-up live before VC judges.

The six MBA teams are: Covalent Capital; Crystal Ball; ItM Capital; LV Capital; Pulse and Sarriá Capital.

The ventures presenting their business plans are: Marfeel, MBA&Company, Tidibi, Ludium and Passnfly. The student groups are judged by a panel of venture capitalists from eight leading companies who will choose the eventual winner. The VCs are Andrea Traversone (Amadeus Capital, UK); Carles Ferrer (Nauta Capital, Spain); Xavier Lazarus (Elaia, France); Roel de Hoop (Prime Ventures, Netherlands); Vadim Tarasov (Bright Capital, Russia); Oscar Farres (Caixa Capital, Spain); Carlos Conti (Inveready, Spain) and Jordi Viñas (Nauta Capital, Spain).

Students are all invited to watch the competition live in Q-102 on the Campus Nord.

In 2012 the IESE Business School team not only won the European Round of the Venture Capital Investment Competition, held in Oxford, but came second globally in the competition. This marked the best performance in the competition ever by a student team. The annual competition encompasses 60 events held on four continents, with more than 1,200 MBA students competing.