Venture Network Verticals: Cloud Computing & Cyber Security

Escrito el 29 abril 2014 por entrepreneurship en emprender


Great to see another good turn-out at our latest Venture Network Verticals event, this time focused on the Cloud Computing & Cyber Security sector. This is a very topical space at the moment, with concerns around privacy and security high on the minds of consumers and businesses alike. Spain is home to a number of very exciting businesses in this area, testament to the strong engineering talent found here. Once again we saw over 100 people make their way down to the basement here at IE’s Area 31 for a Heineken, a little chit chat and to see three exciting young start-ups pitch to our expert panel.

First off we heard from Jorge and Christophe from Smoobility pitching their way to help people manage documents across multiple devices. This was their second pitch that day (busy guys!), great to see one of the Area 31 teams up there. They were followed by Guillermo from Torus Software Solutions who have a new protocol to accelerate applications by bypassing TCP/IP. This is a big market they are tackling and with a patent and a solid team behind them they seem set for good things. They walked away with our prize this month, which includes two tickets to the Sherpa Summit in Bilbao on 06 May and the opportunity to pitch at one of IE’s international Venture Network or Venture Day events (London Venture day is on 5 June, might be a good one guys?). Rounding out the event Oscar from Prot-on pitched their encryption software which lets users control access rights to documents stored in the cloud.



Big, big thanks to these guys for coming down and presenting their ideas. And a very special thank you to our amazing panel. Asking the tough questions this week we had Moisés Israel, the Chairman and Founder of Gigas, one of Spain’s largest cloud hosting businesses; Yalda Pourian from Microsoft Bizspark; Rocio Pillado from Adara Capital Partners; Carlos Rodriguez-Maribona, Senior Associate at Axon Partners Group and our very own Liz Fleming.



None of this would be possible without the support of IE Business School and the Sherpa Summit who generously supported our prizes this month and our long time sponsor Heineken for ensuring we don’t go thirsty.




Next month – Food Technology

Next month we’re focusing on Food Technology. This is a hot space at the moment following Just Eats billion Pound IPO earlier in the month. We’ll send out some more detail on this soon but if you have a start-up in this space or know someone who has applications are open -  www.ieventurenetwork.co/apply-pitch. Hopefully someone will bring in something for us to taste!

In the meantime our weekly events are on as normal, 7pm each Thursday at Area 31. We hope to see you there.


This is the last event for Cian, Peter and myself. Alas, we’re at the end of our programme at IE and unfortunately that means we have to return to the real world [insert sadface]. I think we’ll all be lurking around Venture Network for a few months to come but we leave you in extremely safe hands with the team of Hadar Barak, Chris Holman and Yoav Shachar. Make sure you say hi to these guys.



Investors Day Pasion>ie

Escrito el 29 abril 2014 por entrepreneurship en emprender


Beefeater London District

Escrito el 23 abril 2014 por entrepreneurship en emprender




Escrito el 23 abril 2014 por entrepreneurship en emprender


Meet the Startups in Area 31: Mercambu

Escrito el 22 abril 2014 por entrepreneurship en emprender

Authors: Jose Luis Gandullo & Javi Gallego Castillo
Where did you get the idea?
Before founding Mercambu, we worked as lawyers with very tight schedules and we had no time to do shopping in a supermarket, we couldn’t buy online either because at time of delivery of the products no one was home. Thats why we decide to create this service, to solve this problem: a online supermarket that delivery the products to the work places.
How does the business work?
The customer makes the purchase on our website and on the same day they can pick up the products at their workplace in a electronic locker.Screen Shot 2014-04-22 at 3.23.22 PM
What kinds of investors does the company have?
Our own capital, family and friends.
What is the stage of project now?
We have a few companies that we work with but before we work with more we want to improve the service.
What role do the members play in the company?
Javier and Jose Luis are responsible for the commercial side and business. Gabriel and Mario are web developers, and are responsible for the design and online marketing.
What are you the most excited about the project at the moment?
All the logistics of organizing orders and transport is one of the biggest challenges, but at the same time is very gratifying to see the progress we make in this field.
What is the most difficult part of entrepreneurship? 
I think there is nothing easier, but more daunting and sometimes frustrating is dealing with the government.
In your opinion, what are the most important personality traits to be a successful entrepreneur? 
Perseverance and ability to roll with the punches
Is there anything you would go back and do differently if you had the chance? 
Of course, many things, in fact, although we can not return to the past, similar situations in which we are given opportunity to rectify mistakes, we try to.
What new understanding since you started has had the most impact on your original plan?
I guess in our case, to go deeper into the field of food distribution and household products, has been what has most changed our original plan.
What advice would you like to give to potential entrepreneurs?
Try cheep, so your still trying.

Meet the Startups in Area 31: Fik Stores

Escrito el 10 abril 2014 por entrepreneurship en emprender


Author: Bill Murphy

Where did you get the idea?

I’ve been helping companies establish their online presence, or grow their already existing presence for a number of years on a per project basis. From well-known Internet companies to small startups with no computer knowledge. Marketing wise, strategies for large companies can be replicated in small companies and vice-versa. From the technical point of view, they all have similar needs, fast, cheap, professional and scalable projects.

Developing a site for a customer, teaching the customer how to use the site, keeping the site up to date, helping the customer grow their business was a lot of work but not very scalable. Contracting people to do the job or referring customers to other colleagues when I was busy became a work of its own. The number of clients asking for online stores has been growing fast over the past five years.

My brother likes programming as a hobby, he’s also really good at marketing. He started a few years ago to develop a system where he could open his own online stores with ease. Thinking of all the problems I had as a freelance developer, I got into his project, giving it a larger scale. And that’s where it all started.

How does the business work?

People who wish to sell online can sign up for an online store at Fik Stores, they can upload their products and configure everything. If they need any extra services, like a customized design, content for their blog, photos of their products, a marketing campaign, they can contract those services through our marketplace.

What is the business model?

Fik Stores is a platform, or two-sided market. On one side we have our stores, business owners that want to sell online. On the other side we have our partners: Internet professionals, payment gateways, logistics services, and anyone who can offer services to online stores.

- For store owners, we have a subscription model, charging a monthly fee.

- For partners, we offer a marketplace where they can offer their services.

What kinds of investors does the company have?

We started with private investment from the founders, lately we’ve been bootstrapping and looking into public loans offered by Spanish government like ICO or Plan EMPLEA and ENISA.

What is the stage of project now?

Our online store platform is already working; we have very satisfied costumers in several countries. We are now working and focusing on our partners, creating tools and enabling them to better communicate with our stores.

What role do the members play in the company?

Minaya Serrano is our tech head; he provides the in-depth technical knowledge.

Natalia Sánchez-Herrero is our in-house designer and customer support.

Bill Murphy is the product manager and CEO.

* We are looking for a Business Development Director; get in touch if you’re interested.

What have you learned from your experience as entrepreneurs?

I’m constantly amazed by interactions with people I meet, people I know and people that surround us.

Opening up, talking about your worries and the lessons you learn makes you learn even more.

What are the most excited about the project at the moment?

We are receiving a lot of positive feedback, new customers are reaching us in a viral way, we are negotiating with partners and large companies are talking to us and asking for updates and following up on company progress.

What are the most difficult of entrepreneurship?

For me it’s balancing your personal life. I guess it’s harder for your family and partners. Your friends also see you less than what you would like to.

In your opinion, what are the most important personality traits to be a successful entrepreneur?

Being relentless, also being able to minimize the emotional roller-coaster, willing to take risks and not afraid on the new.

Is there anything you would go back and do differently if you had the chance?

If I had to say something, probably letting go faster, keeping assets or people in the company when they are not necessary usually is just a burn.

What new understanding since you started has had the most impact on your original plan?

Building a platform is very hard. The model works very well at scale, but starting is slow.

Limited by resources, you have to focus on one side of your market at a time. Get stores, find partners, then build better experience for our stores, then a better experience for our partners… step by step, lean, bootstrapping.

What advice would you like to give to potential entrepreneurs?

Believe in your vision, talk to people, listen to what they have to say, be open-minded.

Sometimes it gets difficult, but keep on going. Never stop looking and working for your clients.



Escrito el 8 abril 2014 por entrepreneurship en emprender


Venture Day 7th, May 2014

Escrito el 3 abril 2014 por entrepreneurship en emprender


Kritical Mass:Time to Truly Empower the Crowd

Escrito el 1 abril 2014 por entrepreneurship en emprender

Author: Benjamin Lickfett, IE IMBA 2010

Technology isn’t just the result of brilliant ideas, it has become the power behind them.  It is easier than ever for someone with an inspiring idea to turn it into a reality as crowd platforms allow the collective wisdom to get behind individual brilliance.  Social networks allow any individual with an inspiring idea to seek out those who care, those who are passionate about the cause, and those who are willing to offer their support.  It takes minimal resources to showcase an idea in a visual, engaging and animated way and allow the crowd to decide if it is worthy of their attention. Even a small passionate community of supporters can quickly build momentum and create a critical mass that leads to a big impact.KM illustration

However, while crowdfunding platforms have seen huge growth it is time for the industry to evolve.  It is time to think beyond just money.  Funds can be essential for an idea to float, but it is often the support, the mentorship, the advice and the promotion that drives a venture’s success. To embrace all the support of the crowd, we need to embrace the crowd in its entirety.  It is time to realise that organisations, from NGOs to corporations, play an important role in championing great ideas and causes through their resources and skills, their influence and reach; their people.

We started kriticalmass.com with the vision of a new kind of crowd platform; one that enables people with inspiring ideas and causes to get all the support they need.  No matter if they need funds, volunteers, mentors or in-kind donations.  No matter if individuals, groups or organisations want to support them.  Our mission is simple: we want to enable people to power good.



Escrito el 1 abril 2014 por entrepreneurship en emprender

Join IE Venture Network Thursday, 3rd  April 2014!

The Venture Network is a weekly pitch slam is an invaluable resource for early stage entrepreneurs, a forum for engaging the entrepreneurial community, promoting your startup, and at best securing an investment from our Investors in Residence. The Venture Network is unique in that it is a very informal gathering where startups can meet investors in an informal setting over beers and snacks and focus on what’s important; building relationships. The Venture Network is a great way to perfect your pitch, get feedback on your product, and meet the local startup community.

The Venture Network´s resident panel of startup experts include:

. Liz Fleming, Managing Director Venture Network
. Pilar Garcia, Exalta
. Santiago Reyna, Partners&Associates

The three startups that will present their project in 7 minutes will be:

Peter Macquart-Moulin, Malikoo

Malikoo is a brand of sewing and knitting patterns with video tutorials and easy-to-follow DIY kits from exceptional, contemporary designers from around the world. Talented, independent designers submit their designs and patterns for the Malikoo community to score and comment on. The winning designs, selected by Malikoo with input from the community, receive a royalty from the sale of their patterns and any video tutorials and kits that are derived.

Edouard Gouin, Motique

Motique is a platform for users to discover unique products from fashion boutiques. It is also an exclusive online and mobile presence for selected shops. This is a new and social way to discover products for users and to extend customer traffic and increase sales for shops

Richard Gracia Ansó, ESlife

EsLife is a marketplace that allows our clients to find the best trustworthy professionals in house cleaning, babysitting, elderly care, pet care, moving and home reparations close to them. We solve all major pains from the sector by providing a fast, comfortable, reliable services at the best possible price

Register your attendance here!   http://entrepreneurship.ie.edu/venture-network

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