Escrito el 19 septiembre 2014 por entrepreneurship en emprender






What level of financial literacy is needed to become an entrepreneur?

Escrito el 17 septiembre 2014 por entrepreneurship en emprender

What level of financial literacy is needed to become an entrepreneur? And to become a successful entrepreneur? International organizations, governments, experts, all argue that we need more of both: entrepreneurship and financial literacy. Could it be that one feeds the other? A new research project of IE Business School (led by Professor Marco Trombetta) is precisely trying to give an answer to these questions.

The aim of the project is to collect data on the level of financial literacy of both entrepreneurs and non-entrepreneurs and compare them. In order to measure the level of financial literacy the research uses a methodology based on a short series of questions to be asked to individuals. A better understanding of the relationship between financial literacy and entrepreneurship will increase our understanding of the factor behind the decision to start a new business and it will potentially help in devising programs to support it properly.

Please support Professor Trombetta by completing this survey (English/Spanish language options available)









- 2014 Rethink Music Venture Day to be held at The Factory in Berlin on October 24
- Final call for entries to win “business start-up package” worth over $10,000
- Paul Hitchman, MD of Kobalt Label Services, to keynote event

Boston/Paris/Madrid, September 17, 2014 – Berklee College of Music, Midem, and IE Business School are to host the second annual Rethink Music Venture Day in Berlin on Friday October 24, 2014 at the newly launched and widely acclaimed start-up and technology campus: The Factory, in the heart of the German city. Providing a global networking forum with workshops and discussions for international music business start-ups, entrepreneurs, brands and investors, the 2014 Rethink Music Venture Day will welcome Keynote Speaker, Paul Hitchman, Managing Director of Kobalt Label Services as well as other guest speakers.

The Berlin Venture Day will also provide the stage for the final in Rethink Music’s search for 2014’s “next music business entrepreneur”. Entrepreneurs and businesses have until September 29, 2014 to submit their start-up project for the chance to win a “business start-up package” worth over $10,000. Projects must be “investor ready” with a committed team and tested business model. Criteria for assessment will include innovation, team, growth potential, and scalability. A short-list of 12 start-up projects will be selected to pitch their ventures to a panel of judges made up of experienced music executives and investors at the event. Finalists will be notified by October 6, 2014.

The winner will be awarded a ‘business start-up package” comprising $10,000 in legal services through an in-kind donation from Duane Morris, LLP, space in Berklee’s music incubator in Boston, enrolment in an online certificate program from Berkleeonline.com; complimentary registration for Midem 2015; as well as access to investors and capital to launch their new music start-up. Winners of the 2013 Rethink Music Berlin music entrepreneur competition, Berlin start-up company, Nagual Sounds – who also won the Midem Lab 2014 competition – will be presenting and performing at this year’s event, sharing their experiences and exploits since their success at the inaugural 2013 Rethink Music Berlin Venture Day.

“We are excited about returning to Berlin for our second Rethink Music Venture Day and the search for this year’s next generation music business entrepreneur,” commented Allen Bargfrede, executive director of Rethink Music for Berklee College of Music. “We had over 300 start-ups and guests from leading international music and creative companies attending last year – with over 50 entries into our start-up competition – and we expect to grow these numbers this year.”

“Music entrepreneurs and business start-ups have a key role to play in furthering the music industry, not least in delivering new original services to positively impact the ecosystem,” explained Bruno Crolot, Director of Midem & Music Markets. “Our annual Rethink Music Venture Day is designed to provide the forum – and the tools – to assist these entrepreneurs in developing their ideas and ventures into the successful music businesses of tomorrow – and what better place to host this year’s event than The Factory.. a bespoke start-up and technology campus designed to enable entrepreneurs and innovators!”

“With today’s new music industry business models, a Venture Day for startups in music provides a great networking opportunity for music entrepreneurs, brands and investors alike,” said Paris de L’Etraz, Director of the IE Venture Lab. “We are delighted to be partnering with Berklee and Midem once again to merge Rethink Music’s experience in fostering positive change for the future of the music industry with our Venture Day format for the event.” Admission to the Rethink Music 2014 Berlin Venture Day is free with registration.

For further information, please contact:

Rethink Music:

Corinne Norris

Blink Creative

Tel: +34 916 571 249

Mob: +34 697 917 415

E-mail: corinne@blinkcreative.biz

Berklee College of Music:

Allen Bush

Director of Media Relations

Tel: +1 617 747 2658

Mob:+1 617 529 7303

E-mail: abush@berklee.edu


Jane Garton

Press Director

Tel: +33 (0)1 79 71 94 39

SwitchB: +33 (0)1 79 71 90 00


IE Business School:

Juncal Sánchez

Associate Director

Tel: +34 915 688 2624

E-mail. juncal.sanchez@ie.edu

About Rethink Music:

Created by Berklee College of Music and Midem, Rethink Music began in 2010 and has hosted major conferences in Boston, as well as global private working group events and public workshops, including 2013 projects at Midem, Berklee’s campus in Valencia, and at Sónar in Barcelona. Centered around transforming the music industry, Rethink Music projects are designed to bring music stakeholders together to discuss business models for the future, examine copyright challenges in the digital era, and analyse technological innovation in music and its distribution with a focus on fostering positive change for the future of the music industry.

More information can be found at www.rethink-music.com

About Berklee College of Music

Berklee College of Music was founded on the revolutionary principle that the best way to prepare students for careers in music is through the study and practice of contemporary music. For more than 65 years, the college has evolved to reflect the state of the art of music and the music business, leading the way with the world’s first baccalaureate studies in jazz, rock, electric guitar, film scoring, songwriting, turntables, electronic production, and more than a dozen other genres and fields of study.  Berklee serves distance learners worldwide through its award-winning online extension school, Berklee Online.  The college’s national after school music program for underserved teens, the Berklee City Music Network, is in 30 cities and counting. A new campus in Spain, Berklee in Valencia, began hosting the college’s first graduate programs in the fall of 2012.  With a diverse and talented student body representing nearly 100 countries, and alumni and faculty that have collectively won more than 305 Grammys and Latin Grammys, Berklee is the world’s premier learning lab for the music of today—and tomorrow.

More information can be found atwww.berklee.edu

About Midem:

Midem is the annual international b2b event dedicated to the new music ecosystem, with a tradeshow, conferences, competitions, networking events and live performances. It’s the place where music makers, cutting-edge technologies, brands & talents come together to enrich the passionate relationship between people & music, transform audience engagement and form new business connections.

More information can be found at www.midem.com

About IE Business School:

IE Business School shapes leaders that promote innovation and change in organisations, equipping directors with an entrepreneurial mindset that generates employment, wealth and social wellbeing. Recognised as one of the world’s leading business schools, IE Business School has an urban campus in Madrid and a faculty of more than 400 professors who teach students from 93 countries on its master, PhD and executive education programs. IE students use innovative online and presential learning formats, including the IE Communities platform where they exchange knowledge and experiences with 40,000 IE graduates that currently hold management positions in some 100 countries.

More information can be found at www.ie.edu




IE Venture Network HELSINKI with FundedByMe

Escrito el 16 septiembre 2014 por entrepreneurship en emprender


IE Venture Day São Paulo 2014

Escrito el 12 septiembre 2014 por entrepreneurship en emprender


On Monday, September 8th, we hosted the 3rd edition of IE Venture Day São Paulo at Banco Santander`s auditorium. The event was a complete success with almost 300 high profile attendees including the country`s key decision-makers and opinion leaders.

The event was highly publicized by the major social and print media outlets that reached a multi-platform audience of approximately 10,000,000 people. The event received gold sponsorship by Banco Santander, Valor Económico (Brazil`s most influential daily business newspaper), Livraría Cultura (Brazil`s largest bookstore) and Anjos do Brasil (a local non-profit angel investor network that supports innovative entrepreneurs). We also received the financial support of some of the country’s top entrepreneurs and organizations that included Wayra, ABStartups, Digital Factory, Performance Investimentos, UK Trade & Investment and SýnDreams, amongst others. We are proud to have raised a total sponsorship of 70,000 euros. The event received high praise from the Brazilian entrepreneurs and sponsors in attendance who expressed their encouragement for the hosting of future events.





Entrepreneurs in Art and Culture: Almudena Lobera

Escrito el 9 septiembre 2014 por entrepreneurship en emprender

Author: Blog “También somos así”

“I renounced a stable job as a teacher to pursue a more stimulating lifestyle”


Almudena Lobera is a young Spanish artist who has been internationally recognized, exhibiting her collections in Spain, New York, Mexico, Panama and the Netherlands. Winner, among others, the ABC-project-4-ARCO award, Almudena tells us about her career and assesses the current Spanish art scene.

Could you tell us when you started in art and why?

Probably there is a no particular time when I started. Since childhood,… (read more)


IE Venture Day Lisbon 2014

Escrito el 18 julio 2014 por entrepreneurship en emprender

IE Venture Day Lisbon 2014 took place last July 10th, as part of the Lisbon Investment Summit, organized by IE business school and Beta-Iwith the participation of the European Commission.

Pharmassistant, the winner of the startup contest was awarded with an €80k investment by Smart Equity. The jury responsible for evaluating the pitches of the startups included Mike Butcher (Techcrunch editor), Tobias Schirmer (IE alumnus and BDMI), Oriol Juncosa (Nauta Capital), Itxaso del Palacio (EC1 Capital), Paloma Castellano (Wayra) and Carla Pimenta (EDP Ventures). Vertequip was the most voted project by the audience of more than 300 people and Coolfarm was chosen as the best pitch.

The event gathered entrepreneurs Anshuman Vohra, Bulldog Gin founder, Lopo Champalimaud from Wahanda, Rui Pereira from Outsystems, Scott Witters from Glownet and Pedro Trinité from TTR, the last two IE alumni, and sponsors like CCA-Ontier, whose managing partner, Domingos Cruz, is also an IE alumnus, and Bulldog gin.

Since its inception, IE Business School has embraced the entrepreneurial spirit as a core value, and is now an international reference in the field of entrepreneurship being ranked No. 9 Worldwide for Entrepreneurship by Bloomberg´s Business Week.



Meet the Startups in Area 31: VSpot

Escrito el 16 julio 2014 por entrepreneurship en emprender

Author: Natalie Cartwright

Where did you get the idea to develop VSpot?

Team was more important for us than the idea. We started by looking at our life and entrepreneurial goals, decided that they aligned and that we wanted to work together. Then we sat in a room together for weeks on end brainstorming ideas. We were interested in building a wind tunnel in Vancouver and a mentor told us to start with renting idle time in another wind tunnel to test the market. From there we jumped to renting idle time in spaces in general and VSpot was born.

How long have you been working on the idea?

We have been working on the idea since November 2013. VSpot was part of the IE International MBA venture lab program from January – May 2014. After we graduated, some of the team was offered short-term contracts that were difficult to refuse so at the moment are taking a short hiatus as we gain start-up experience and refill our bank accounts following our MBAs.

Who are your current or potential competitors?

The space market is taking off and there are lots of start-ups with similar models in Vancouver, New York, London and elsewhere. We met with our competitor in New York and are looking for opportunities to work together – for example with licensing software etc. For the moment, no one company has any significant market share.

What features would provide further differentiation?

Because this is in an event space, the opportunities to differentiate are more or less limitless. For the moment, we are focusing on getting a solid core product and making sure that the user experience is exceptional.

How does VSpot work?

Elliot can tell you in 45 seconds. Watch this video.

What is VSpot’s Business Model?

It’s a very simple model. Vspot is a two-sided platform that connects venues with people who want to host events. Every time VSpot connects a venue and a host, we take a minimum 5% commission.

What kind of investors does VSpot have?

VSpot has three major investors – Elliot Stone, Chris Gomes and Natalie Cartwright (we also happen to be the founders). We wanted to bring as much value to the company as possible before seeking external investment. We are currently bootstrapping our venture and have not yet sought external financing.

Do you have a prototype?

We patched together an MVP to allow us to test the market – www.vspot.es. We curated the best venues in Madrid and added them to the website to see what people are most interested in booking. We are also getting metrics on user patterns to help us develop the next website iteration.

What are your most difficult experiences as an entrepreneur?

Our team is made up of a Brazilian, a Canadian and an American who met in Spain. We love working together but it’s difficult to all be allowed to be in one geographical place – especially in a city that makes sense for our business as it is very location specific.

Is there anything that you would do differently if you had the chance?

We would spend more time managing the IT portion. Early on we found a developer who worked on our site for free. However, he completed 90% of the original site and then disappeared. We managed to find a way to complete the website and learned a lot in the process. Having stronger IT skills on the team or a clear risk mitigation strategy from the beginning would have been useful.

What advice would you give to potential entrepreneurs?

Team is everything – invest time in putting together the right one.


Venture Network Vertical

Escrito el 14 julio 2014 por entrepreneurship en emprender

The Venture Network closed out its final Thursday before the summer break with a very fun and intriguing Vertical on the Food & Beverage Industry on July 10th. This topic has been especially common at IE in the past month. Starting off with the IE International Commerce Club hosting the CEO of Mahou, Alberto Rodríguez, and the IE Entrepreneurship Club holding an event on July 15th with the co-founder of the craft brewery, Fábrica Maravillas in Malasaña, this vertical proved to be very popular with the community.

We had 3 cutting edge startups give their best pitch in 7 minutes followed by 10 minutes of Q&A from our experienced panel members. The outcome of all this hard work, were 2 tickets to the Pioneers Festival in Vienna, Austria where the winning team will get a chance to experience the future of technology and network amongst some of the top entrepreneurial minded people around.



First, the audience and panel were very interested by Yo Campro Sano who is trying to make sure people have greater access to locally grown, organic food, by connecting farmers directly with consumers. Since their launch in October 2013 they have seen considerable traction and are currently seeking another round of funding where they hope to raise €250,000 in order to broaden their team and implement further development. Second, Recipay.com pitched their idea for rewarding1 consumers for utilizing products from specific brands and uploading recipes online. They are currently working with a number of different brands and have received numerous distinctions for their work. Lastly, the audience saw Shopping Leeks offer their solution for making the ordering process much easier between restaurants and distributors. All 3 companies have put a lot of hard work into making their business succeed and at the end the panel ultimately sided with Recipay.com, who was awarded with the prize of the evening.


We’d like to say thank you to all of the startups who participated and those that were in attendance. A very special thank you to the 3 panel members: Paula Almansa, a business angel and the co-founder of the Impact HUB in Madrid; Juan López Santamaría, an Investment Manager at Kibo Ventures; and Federico Giacalone, who is the Head Chef at the Westin Palace Madrid.


We’d also like to remind all those other aspiring startups there’s still time to apply for the Pioneers Challenge which provides you access to some of the most influential investors in your industry, plus 1 month free of mentorship and coaching. You can read more about it here.

The Venture Network will be resuming every Thursday starting in September, so remember to come and check out what new startups we have pitching down in Area 31. You can also follow us on Meetup to stay up-to-date on all of the Venture Network events.


Venture Network Verticals, July 10th

Escrito el 8 julio 2014 por entrepreneurship en emprender

1 2 3 35