The School for Startups team would like to introduce Mykel Sprinkles, Entrepreneur Chair for the VCIC 2010, announcing a wonderful opportunity for businesses out there looking to grow and become successful:
I am very excited to bring to the S4S community a great opportunity for entrepreneurs seeking investment capital to take their venture to the next level…the 2010 Venture Capital Investment Competition (VCIC).
VCIC 2010 provides an excellent chance to gain access to top venture capital firms seeking new opportunities in areas as diverse as:
- clean tech
- business services
- energy, consumer products
- social networking
- software / IT
- food & beverage
- life sciences
- internet & others
25% of all companies presenting at VCIC events receive funding — the average is £6 million.
As Entrepreneur Chair for this year’s European competition, I am responsible for sourcing ten outstanding entrepreneurs to pitch their deal/opportunity.
We are looking for high quality and diverse companies. VCIC is best geared towards companies that are established and seeking further investment to hit target growth stages. At the same time, earlier stage companies or those with fast-to-market expectations and/or larger capital requirements are also encouraged to participate.
How it works…VCIC is a global competition in which teams of MBA students from elite business schools evaluate deal pitches. Entrepreneurs submit a full business plan, perform a 10-minute pitch, participate in Q&A sessions, and perform mock negotiations. Entrepreneurs receive candid feedback while VCs evaluating the teams receive direct access to pre-screened deals. Following each event there is a networking session with executives from top VC firms and participants.
There will be two VCIC events taking place — On the 12th & 26th of February 2010. Both events will be held at the London Business School.
If you would like to receive an application or if you have any questions, please contact Mykel Sprinkles at firstname.lastname@example.org or telephone +44(0) 755 468 4717.