BBA Students of IE University, winners of the IE Venture Day Start-up Competition

Tyba, a start-up created by three IE University students, was named to be the best start-up in the entrepreneurial community of IE. Besides this, it was awarded with the audience prize in the final of IE Venture Lab, held yesterday in Madrid.

At the conference, held at the headquarters of the Fundación Rafael del Pino in Madrid, the top ten business projects developed by students of IE Business School and IE University this semester competed for the title of Best Start-up at the IE Venture Day formed by a panel of international entrepreneurs and investors.

For the first time two teams from IE University participated in the final. The start-up Scramblr, a project by 3^rd year students of the BBA Esthiaque Khan and Naye Moussa was semi-finalist, while Tyba, start-up founded by a group of 4^th year students of the BBA reached the final with all merit.

Tyba, created by students Eiso Kant, Jorge Schnura and Philip Von Have, took the first place in the final and the audience award in front  of a jury that counted with the participation of Bedy Yang, 500 Startups, Gary Stewart, Wayra Spain director, Rodolfo Carpintier of Dad, Jeffrey Char of J-Seed Ventures, Avichay Nissenbaum, co-founder and director of Lool Ventures; Ehud Levy, Director at Vertex VC; Wayne Gibbins of Notion Capital, Jose Cabiedes of Cabiedes & Partners , Jose Miguel Herrero Big Sur Ventures and Javier Torremocha of Kibo Ventures. In second place was Stocard, created by students from the IMBA and in third place, 21st Century Bet, a project by students of the Master in Finance at IE Business School.

Isabel Sánchez, Director of the BBA at IE University, received recognition on behalf of the teachers who helped the Tyba team develop its business plan.

In addition, the event counted with the intervention of experts such as Uri Levine, President of Waze.com, free mobile application that automatically updates maps and shares real-time information on the traffic situation. Levine gave a lecture on 'The power of the crowd'.

Bedy Yang, Venture Partner of 500 Start-ups, one of the main and most recognised funds of Silicon Valley, participated in a panel discussion on 'The Pros and Cons of accelerators and incubators of companies'. Bernhard Niesner CEO of Busuu.com