11
nov

IE VENTURE NETWORK, 14th NOVEMBER

Escrito el 11 noviembre 2013 por entrepreneurship en emprender

IE Venture Network

Join IE Venture Network Thursday, 14th November 2013!

This 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 Wayra, Highgrowth Innovation, Big Sur Ventures, and Sodena. 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, Deputy Director Venture Lab
• David Raskino, Microsoft Ventures
• Heather Russel, Founder Rinkya

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

Siddharth Garg, Mement

We all go to various events with our friends, we all take pictures during those events. All those pictures end up at different places even though they have been taken in the same context. Mement is a location based event photo sharing, camera app which allows you to share photos on the go.

q1tecno

q1tecno is created to obtain a modular, cheap and qualified domotic, which may be adapted to the user´s main needs.With just one display we get a first domotic installation Easy do it yourself displays which can be used electric switch. Direct access to the displays from the internet

Miguel Cardo, Fidesmo

Fidesmo is a technology development startup present in Sweden and Spain, founded by three experts in mobile security. Fidesmo builds and operates a cloud-based platform for remote management of secure applications in smartphones and connected devices, with the goal of reducing the barriers to participate in the Mobile-NFC and Machine-To-Machine ecosystems.

IE Venture Network will be held every Thursday, from 7pm to 9.30 pm, at “AREA 31” María de Molina 31, CP: 28006 Madrid

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

7
nov

Ireland´s Start-up Eco-system

Escrito el 7 noviembre 2013 por entrepreneurship en emprender, inversores, plan de negocio

The Spanish-Irish Business Network, in collaboration with the Embassy of Ireland and Enterprise Ireland, is delighted to invite you to a seminar in the IE Business School, Madrid, on:

Ireland’s Start-up Eco-system

Speakers include:

Gary Leyden, Director of Launchpad, National Digital Research Centre, Ireland’s # 1 technology accelerator. He has invested in over 100 startups.

David Scanlon, High Potential Start-up Unit, Enterprise Ireland:  helping global founders to locate their next start-up in Ireland

Diego Cabezudo,  Award-winning entrepreneur, VP of the SIBN and Founder and CEO of Gigas; formerly of O2 Ireland

Why Ireland?
  • Top     ten in the world for ease of starting a business (World Bank)
  •     1st     in the Eurozone for ease of doing business
  •     Technology     hub: European headquarters of Twitter, Facebook, Google, Paypal 
  •     Dublin     ranked the best city in the world for human capital
  •     5th     in the world for ease of paying tax
  •     25%     research and development tax credit
  •     English     speaking, access to European market of 500 million

Moderated by: Liz Fleming, Deputy Director IE Venture Lab

19hrs, 12 November 2013 (eve of IE “Venture Days”)

Area 31 Entrepreneurship and Innovation Space of the IE Business School, C/María de Molina 31

Plesae register here: gema.molero@ie.edu

915688266

 

7
nov

Meet the Startups in Area 31: KoiApp

Escrito el 7 noviembre 2013 por entrepreneurship en emprender

Author: Angélica Medina

Increase in the use of phones is a challenge for companies who must respond to consumer demand for greater connectivity and more functionality through the mobile.

The fashion industry does not escape this reality. Fashion brands need to adapt to mobile channel to reach and retain their consumers. With user-friendly smartphones and tablets, usability issues and device size is not longer a problem.

Fashion brands should incorporate mobile shopping into their mobile strategy and KoiApp offers a service to help brands to reach the challenge: a solution to develop a Marketing Strategy for the mobile channel to fashion industry to make fashion applications really useful including valuable features and functionalities.

María Albalá López, Co-founder of KoiApp, tell us a little bit about the company and the solution offered to fashion brands that allow these to develop mobile strategy, launch Apps, offer seamless shopping experience anytime anywhere, allow consumers to share shopping experience and improve customer loyalty.

Where did you get the idea?

She describes herself as a fashion lover, but she doesn’t have enough time to go the shopping. She used to buy by internet using her mobile for inspiration, searching, shopping and sharing.

As a user, Maria realized there are no many websites adapted to mobile in Spain as well as Spanish brands and fashion stores whom have to develop mobile apps.

Only a few of Spanish fashion brands (Cortefiel, Zara, Mango) have applications tailored to mobile with features like usability and integration within device.

For this reason, Maria got the idea to offer a service to develop mobile apps and mobile strategy to companies in fashion industry.

Then, she was associated with a technology partner (Miguel Lou Moreno) and an ex-coworker (Clara Ferreiro), who works together as a team to develop the idea.

How long have you been working on this idea?

They have been working on the idea since June, when they decide to dedicate more time to the project.

Maria is fully dedicated to the project. Clara participated with Maria in definition and implementation of Business Development & Strategy and Miguel is responsible for Product Design and technology matters.

What gap is KoiApp filling in the market?

KoiApp offers a solution to develop a Marketing Strategy for mobile channel to companies in fashion industry.

It offers three differentiated products. These products can be complementary with each other, but can be hired independently. They will be customized for each client:

  • Consulting service to develop Marketing Strategy for mobile channel.
  • Development of mobile application for implementation of strategy based on the KoiApp framework and customized to each customer.
  • Social network oriented to clients in the fashion industry.

It offers full value chain on the mobile sector: from marketing strategy to develop & maintenance of the resources needed to execute the marketing strategy.

They want to incorporate features like augmented reality, image recognition, geo-location, permission marketing or marketing 1 to 1 to the mobile marketing strategy of the brands.

It also provides an ad-hoc service to develop Apps without using KoiApp framework or to adapt websites to mobile.

How does it work?

KoiApp will develop the marketing strategy and the tools needed; they also will be in charge of content management (if it is required by customers).

How have you changed since you started?

They have made small changes.

Initially, they thought to create a fashion social network but they figure out there is a lot of competition and they didn’t see a good opportunity for differentiation in this segment.

For this reason, they decided to change the original idea from fashion social network to full service in mobile strategy.

Do you have an industry niche?

Yes, their niche is Spanish SMEs in fashion industry and marketing agencies.

They also are considering winery (Wine cellar) as a niche.

They go to all kind of brands but for young people and medium-high purchasing power.

What is the stage of project now?

They are developing a demo without functionalities to do a campaign for potential customers to assess the acceptance of product. They expect to start the campaign in November.

They will start to contact potential customers: brands and marketing agencies to offer the service, as well as fashion associations and companies with active profile in social networks but without mobile apps.

Afterward, they will develop and App for Android platform to prove the concept, and then for iOS.

They are evaluating to expand the business to another sector (winery) in addition to fashion industry.

When they have the framework (features of the store and appearance), there will consider an additional target market: young designers. Previously, they want to prove the concept and scalability as a profitable store.

What are the most difficult of entrepreneurship?

The most difficult for them until now, it is registration of the company and all kind of legal and bureaucratic aspects. The information is ambiguous and inaccurate, so you tend to re-processes.

Another thing is find contacts in the fashion sector to offer the service, especially when the team doesn’t have previous experience in the sector.

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

Have initiative and courage.

Be enthusiastic, self-confidence and tolerance.

What advice would you like to give to potential entrepreneurs?

  • Think on the idea many times before you try.
  • Have contacts in the industry that can guide you, give advice and make contact with potential customers.
  • Use your personal and professional network.

Next step…

  • Launch the demo and start to visit potential customers and make commercial presentations.
  • Expect to have one customers at the end of the year.
  • Launch the prototype.
5
nov

IE VENTURE NETWORK, 7th NOVEMBER

Escrito el 5 noviembre 2013 por entrepreneurship en emprender

IE Venture Network
Join IE Venture Network Thursday, 7th November 2013!

This 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 Wayra, Highgrowth Innovation, Big Sur Ventures, and Sodena.  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, Deputy Director Venture Lab
  • Gonzalo Tradacete, Faraday
  • Javier Sanchez-Pita, Alcatel

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

Christian Ambala , Caja Abierta

Caja Abierta solves the problem of Cash Service in Central Africa; a region where there is 1 teller for 68 384 persons. In places where there are not banks’ branches or where banks estimate costly to open one, Caja Abierta gives and receives cash and sends information to the banks.

Trustparency

Trustparency is the first #storytelling platform for social projects which offers the opportunity to show donors the social impact achieved with their contribution.

Miguel Schiaffino , vrAse

vrAse is the biggest revolution the smartphone has ever seen; a pair of special glasses, that enables you to enjoy movies, games and augmented reality in a portable and economical way. vrAse also eliminates two key restrictions of the smartphone; small screens and the need to use your hands.

IE Venture Network will be held every Thursday, from 7pm to 9.30 pm, at “AREA 31” María de Molina 31, CP: 28006 Madrid

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

30
oct

IE VENTURE NETWORK, 31st October

Escrito el 30 octubre 2013 por entrepreneurship en emprender

  IE Venture Network
Join IE Venture Network Thursday, 31st  October 2013!

This 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 Wayra, Highgrowth Innovation, Big Sur Ventures, and Sodena.  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:

. Mercedes Cubillo, Capacita
. Isabel García Lomas
.
Noemi Barrientos, Diopia
. Pablo Palazuelos, AD Ventures

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

José María Cueco, Talleres-TOP.com

Car owners platform that aims to connect drivers with the very best top quality car repair workshops and offering price reduction + added value services. TalleresTop ensures that repairing and maintaining of your car is from now on guaranteed and hassle free. TalleresTop is an innovative time and money-saving online solution to generate a new image of car repair workshops among drivers nationwide, and solves the problem of lack of confidence in shops.

Karla Escarate, Funnest

Funnest is a start-up founded by two partners that seeks to reinvent the interior design and decoration business, by creating an interactive platform made of a free app for smartphones and tables for users and decorating professionals as well as a social network/web site which contains a wide range of information related to the décor-world, providing interactive decorating-related content for its users, catalogs filled with furniture and accessories items, and a unique feature that allows users to visualize any desired article at their own homes.

María Cebrian, Aomm.tv

Aomm.tv is a platform that offers online yoga, pilates and meditation classes that can be practiced anytime, anywhere to fit the users’ busy schedules. They can find tailored practices from a growing catalogue of videos featuring classes by experienced teachers with different styles, durations, levels and objectives

IE Venture Network will be held every Thursday, from 7pm to 9.30 pm, at “AREA 31” María de Molina 31.Register your attendance here!   http://entrepreneurship.ie.edu/venture-network

29
oct

Friends and Family I – Diferentes Organizaciones para la inversión

Escrito el 29 octubre 2013 por entrepreneurship en emprender

Autor: Jorge García-Luengo.
 Co-founder,
 Smoobility Team

Uno de los temas más discutidos cuando se prepara el lanzamiento de un Friends and Family es cómo organizar jurídicamente la incorporación de estos nuevos socios de manera que no obstaculice el desarrollo del proyecto que persigue la StartUp.

Dos son las áreas principales en las que es importante considerar las consecuencias de la incorporación de los F&F:

  • Por un lado está la operativa habitual de la empresa. Se buscan fórmulas a través de las cuales el equipo fundador y los inversores profesionales que entren en el futuro no vean obstaculizado su trabajo por discrepancias con los F&F.
  • Por otro lado es importante proteger los “exit strategy’s”, de manera que la disidencia de alguno de estos socios nunca impida llevar a buen fin la venta de la StartUp (por ejemplo a industriales que sólo estén dispuestos a adquirir el proyecto si consiguen el control total).

Algunas alternativas jurídicas ofrecen arquitecturas muy beneficiosas para los Socios Fundadores otorgándoles gran control sobre el proyecto, pero tienen una contrapartida, no permiten que el F&F participe verdaderamente de la aventura de apoyar el proyecto emprendedor. En el otro extremo tenemos la incorporación del F&F como un socio más, pero en este caso es imprescindible tomar las medidas que nos protejan de los efectos negativos mencionados más arriba.

A continuación mencionaremos las diferentes estrategias, desde las que contemplan al F&F como un mero financiador, hasta las que los implican más en el proyecto:

  • El Contrato en Cuentas de Participación: Este contrato ofrece la máxima flexibilidad al permitir que los socios reciban el dinero de los partícipes sin hacerles socios. Las partes podrán determinar con libertad de qué modo los partícipes van a recibir beneficios por el dinero que aportan a la sociedad. Los partícipes no son socios y por lo tanto no acceden a los órganos de deliberación de la sociedad. Además este tipo de relación no exige ninguna formalidad especial, y un contrato privado entre las partes será suficiente para cerrar la financiación.
  • El Préstamo Participativo: Este instrumento es muy habitual en inversores profesionales como Wayra o Enisa. Básicamente se trata de un préstamo que se puede transformar en participaciones de la sociedad si se cumplen determinadas condiciones. En su aplicación al F&F, éste otorga un préstamo a la StartUp, pero en realidad no siempre se tiene intención de pagar los intereses y devolver el principal,  lo que se busca es transformar, en algún momento futuro, el préstamo en participaciones. También pueden ponerse unos intereses altos que a su vez estén de alguna manera relacionados con el crecimiento del valor de la sociedad, evitando así el paso de transmitir participaciones. La dificultad del préstamo participativo es hacer entender a inversores no profesionales los elementos virtuales que conlleva este instrumento y que alejan, al menos desde el punto de vista emocional, a los F&F de la StartUp.
  • La participación a través de una Comunidad de Bienes: Este instrumento agrupa en una comunidad de bienes las participaciones de los F&F. Los administradores de la Comunidad son los que a través de poderes otorgados por cada comunero controlan y gestionan las participaciones, venden, votan, hacen y deshacen. Este sistema ofrece cierta complejidad en lo referente a su administración, pues los deberes de una Comunidad de Bienes son parecidos a los de una Sociedad. Otro inconveniente es que los poderes que los propietarios de las participaciones deben otorgar a los gestores de la sociedad son en general difíciles de entender por el comunero, que no solamente debe confiar parte de su patrimonio a un proyecto sino que además debe entregar lo que ha recibido a cambio de su dinero (es decir, sus participaciones) a los mismos Socios Fundadores. Es decir, el entrega su capital pero de momento no recibe nada a cambio. A esto debemos añadir que, en el fondo, los poderes por los cuales se controlan las Comunidades de Bienes son revocables y que a fin de cuentas cualquier individuo dentro de la Comunidad puede actuar como un socio más.
  • La Sociedad de Inversión interpuesta: Esta organización supone crear una sociedad cuyo único fin será el de invertir en la StartUp en cuestión. De esta manera todos los F&F quedan agrupados bajo una única persona jurídica, y la gestión resulta más sencilla. En este caso tendremos que gestionar la sociedad de inversión y además deberemos hacer que ésta firme un Pacto de Socios con los Socios Fundadores de la StartUp, de manera que quedemos protegidos en el momento de realizar el Exit. Únicamente en el caso de que los Socios Fundadores de la StartUp, que a su vez serán los gestores de la Sociedad de Inversión, pierdan el apoyo de la mayoría de los votos del F&F se podrán encontrar obstáculos en la gestión ordinaria. Este sistema tiene un bemol importante, y es que fiscalmente no parece un instrumento muy eficiente: En el momento de realizar el Exit la sociedad inversora vendería su único activo, las participaciones de la StartUp, y las plusvalías tributarán por el Impuesto de Sociedades, pero además al transformar este beneficio en dividendos para los inversores éstos vuelven a tributar, de lo que resulta una presión fiscal de más del 50%.
  • El Síndico: sindicar a los partícipes es un instrumento muy utilizado por las grandes corporaciones que gestionan así las participaciones/acciones de los socios minoritarios. En el contexto que nos interesa no resulta un instrumento muy eficaz. Para realizar un sindicato correctamente es necesario tener una relación con los sindicados que conlleva cargas de gestión adicionales, pero sobre todo hay que destacar que los sindicados nos están obligados a permanecer en el síndico y que en cualquier momento pueden acudir a la Junta por su cuenta y realizar todos sus derechos como socios.
  • Las Participaciones sin derecho a voto: el ordenamiento español permite este tipo de participaciones, con algunas condiciones. Para que se pueda limitar el derecho a voto es imprescindible que los participes reciban a cambio un dividendo adicional, si bien se puede condicionar el dividendo a la obtención de beneficios por parte de la sociedad. En cualquier caso esto no impedirá que los partícipes puedan acudir a las Juntas, consultar las cuentas y si agrupan más del 5% de la sociedad podrán impugnar los acuerdos de la Junta y solicitar auditorías.
  • Participaciones sin restricción: En este caso los partícipes tendrán los mismo derechos que los Socios Fundadores. En este caso igual que en el anterior lo fundamental es que los F&F entiendan y acepten la forma en que saldrán de la sociedad, aceptando vender cuando los Socios Fundadores vendan, o cuando un inversor profesional solicite la salida de los F&F para entrar en el capital de la StartUp, siempre remunerándoles su inversión de forma adecuada.

En Smoobility hemos decidido integrar todo lo posible a los F&F en nuestra aventura. Cada StartUp debe considerar el nivel de implicación que quiere para sus F&F, cuanta seguridad necesita y si quiere o no que estos nuevos socios hagan suyo el proyecto, al menos que lo sientan como suyo.

Aviso: este artículo no pretende hacer un análisis jurídico exhaustivo de las diferentes herramientas, para lo que recomendamos dirigirse a un despacho profesional.

 

28
oct

Venture Lab Trip to Silicon Valley

Escrito el 28 octubre 2013 por entrepreneurship en emprender

paypal

Author: Aimee Davis, IMBA 2013

The Silicon Valley trip was phenomenal and absolutely the highlight of the IMBA. Whilst you can learn about dealing with venture capitalists in classes taught by renowned venture capitalists, its not the same as actually going to their eco system and seeing how they live and thrive inside it. Their feedback during the trip was invaluable, as was just being in the Valley experiencing the intangible but omnipresent excitement that drives constant development there. The feeling that cutting edge technology is being developed all around you exactly at the moment you are there and the unified, collective push to network with everyone really makes the trip one of the best learning experiences IE can offer.

Trips to Paypal, 500 Startups, Stanford University, Google, Evernote and venture capital offices in the Valley must be experienced to really understand how to advance your startup and what you need to make your idea a serious opportunity. I highly recommend this trip as there´s nothing given during classes or electives that can come close to giving as much value, experience and contacts as this!

28
oct

IE Venture Network is happening everywhere! Helsinki 12 Nov.

Escrito el 28 octubre 2013 por entrepreneurship en emprender

28
oct

IE Venture Network Barcelona, 7 noviembre 2013

Escrito el 28 octubre 2013 por entrepreneurship en emprender

22
oct

IE VENTURE NETWORK, 24th OCTOBER

Escrito el 22 octubre 2013 por entrepreneurship en emprender

  IE Venture Network
Join IE Venture Network Thursday, 24th  October 2013!

This 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 Wayra, Highgrowth Innovation, Big Sur Ventures, and Sodena.  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, Deputy Director Venture Lab
  • María García, Sodena
  • Neil Thomas, Ventac Partners
  • Noemi Barrientos, Diopia

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

Pablo Caballero, Hygea Health

Hygea Health and Nutrition want to revolutionize the design of nutritional interventions (diets) in the world. Our expert system of nutritional recommendation offering personalized diets performed automatically, in order to save 95% of the time currently used for nutrition, health and sport professionals.

Jussi Kallasvuo , Carbert

By connecting cars to smartphones and the Internet, we empower drivers to drive and manage their cars better. Our solution enables drivers to save on fuel costs, continuously monitor their cars’ health, or, for example, get the best insurance deal or cheapest repair offer.

Javier Gomez, Reparamiauto.com

Reparamiauto.com is an online platform that connects drivers with the best auto repair shops near you. Reparamiauto.com  save you time, money and reduce risks of a bad choice, based on real customers reviews.

IE Venture Network will be held every Thursday, from 7pm to 9.30 pm, at “AREA 31” María de Molina 31.Register your attendance here!   http://entrepreneurship.ie.edu/venture-network