Initiatives
Initiatives
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INCUBATING INNOVATION
INCUBATING INNOVATION
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VENTURE LAB
VENTURE LAB
The Venture Lab serves to train and mentor teams to explore, validate and develop ready-to-launch startup ventures.
The aim of the Venture Lab is to aid teams in creating ready-to-launch startup projects. It gives teams hands-on experience in the world of high impact entrepreneurship. This means that their ideas have been thoroughly developed to the point where there is validation data (metrics) that shows customer interest, user engagement, and revenue potential from future clients.
IE’s Venture Lab is a program that is open to all IE students and alumni. It is also an elective within the International MBA program. The ultimate aim is to complete the program with a short list of fully engaged users of your product/service. The entire focus of the Venture Lab is market validation and obtaining enough data to be ready to move from Pre-Launch activities to Launch.
Success in entrepreneurship lies not only in the value of the idea but even more so in the execution of that idea. A successful Venture Lab experience is not necessarily the launch of a company but one in which each team completes the program at best with a business idea developed sufficiently to be prepared to launch and at a minimum with an understanding of what is truly required to launch a startup.
You can expect your original idea to morph, change, and evolve over the duration of the program – which is also a key aspect of the entrepreneurial process. Validating a market opportunity is about trying to get the right product-market fit, offering a solution that people not only want but for which they are willing to pay.
Ultimately, the goal of the Venture Lab is to prove that your idea is more than an idea and that through Manual Simulation, short of charging customers for the product or service, you can show that the idea has real traction
Requirements*
- Teams must consist of at least 2 team members and no more than 4 team members;
- Teams must include at least one current IE student or alumni that graduated within the last 6 months. The IE team member must be physically present in Madrid and play an active, key role in the team;
- Individuals can only participate in one Venture Lab application, i.e. individuals can neither submit more than one startup-idea application (as team leader), nor can they be team members on more than one Venture Lab application.
- Admissions to Venture Lab are final and not subject to appeal.
*Note that IMBA elective-credit seeking students have additional team requirements.
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NON IMBA STUDENTS
- The following Venture Lab will take place in Fall ’23.
- All non-IMBA, current IE Students and Recent Alumni (within 6 months) apply here.
IMBA STUDENTS
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IE Business School: EMZINGO
IE Business School: EMZINGO
Founded in 2009 at IE Business School's Venture Lab, Emzingo helps companies create transformative leadership programs that increase employee engagement, create a positive workplace environment, embrace radical transparency and align company incentives with people from all over the world.
Emzingo also works with international academic institutions to promote responsible leadership among students. The programs use social impact projects and a curriculum based in leadership development to enhance participants’ business and entrepreneurial skills through a deeper understanding of the social sector and a more reflective and self-aware business practices.
In 2017, with a community of over 500 alumni and 80 partner organizations, Emzingo U was launched as a branch of the Emzingo brand. Dedicated exclusively to building new partnerships and leveraging long-lasting relationships across the academic spectrum, Emzingo U offers award-winning programs to students everywhere.
At Emzingo, we envision a world where business leaders and organizations are committed to social responsibility, environmental sustainability and financial success.
Our advice?
Love what you do, but do it mindfully. Encourage collaboration and mutual success. Commit to personal growth, strive to achieve. Embody diversity and foster empathy. Be an agent of change. Act with integrity, authenticity and purpose. Empower people through action. Have fun, and be awesome.
Where to find us:
ELLE TALENT PROJECT
ELLE TALENT PROJECT
Elle Magazine, in collaboration with IE Business School, runs this competition for aspiring young entrepreneurs.
The most innovative, creative and viable business project will receive €25,000 and a full scholarship for the Master in Management program at IE Business School, valued at €30,000.
Requirements
Candidates must complete the official questionnaire to submit their candidacy. Upon admission, you will receive a number that identifies your project. Once you have your number, send us your project with the identification number to the following address: ELLE TALENT PROJECT, Calle Cardenal Herrera Oria 3, 28034. Madrid. You must be 18 to enter.
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Candidates must complete the official questionnaire to submit their candidacy. Upon admission, you will receive a number that identifies your project. Once you have your number, send us your project with the identification number to the following address: ELLE TALENT PROJECT, Calle Cardenal Herrera Oria 3, 28034. Madrid. You must be 18 to enter.
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Once a year.
IE Entrepreneurship Club
IE Entrepreneurship Club
Created by students, for students, this club creates unique initiatives to promote entrepreneurship in the IE Community and beyond.
Requirements
We are a 5500 membership (including alumni) strong club and continuously growing. The IE entrepreneurship community is one of IE main pillars.
Learning best from talking to others. That is our motto and we enable you to get to network and exchange ideas and aspirations.
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We strive to become the main gateway for IE students to succeed at entrepreneurship through valuable & quality content, engagement, practical skill building, partnerships with relevant clubs and connections within the industry.
We take great care to be an international and diverse club and align all our goals with a legacy in mind that we want to build and honour.
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We regularly organise events of a multifold of natures, keep you informed through a newsletter, recommend relevant articles to continuously build your knowledge and put you into the optimal positions to get ahold of opportunities with startups.
Discover IE Entrepreneurship events here .
BOOSTING STARTUP ECOSYSTEMS
BOOSTING STARTUP ECOSYSTEMS
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SOUTH SUMMIT
SOUTH SUMMIT
We are looking to showcase the 100 most groundbreaking start-ups across industries to highlight talent in Southern Europe and Latin America.
Our mission is to bring together the greatest innovators from these regions and connect them with the largest local customers and investors. Now one of the most important start-up events in Europe, South Summit hosts over 7,000 attendees, including 3,500 entrepreneurs and 450 investors.
Requirements
South Summit is looking to showcase talent from Southern Europe and Latin America, creating a global community and platforms for start-ups, investors and innovative corporations.
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A 3-day event with conferences, debates and meetings with leaders in innovation, business angels and top VC copanies.
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South Summit is an annual event.
- +1800Ranking international investors
- 6160Entrepreneurs
- 686Speakers
Venture Network Area 31
Venture Network Area 31
Venture Networks Area 31 are informal gatherings directed by Annick Janssens, Director of IE’s Venture Lab, where startup teams can meet investors in a casual setting and focus on building meaningful relationships. These events are a great way to perfect your pitch and receive expert feedback within a supportive community of local startup entrepreneurs and . You never know – you may even be one of the startups that closes an investment agreement thanks to pitching in Area 31!
Every Thursday evening at 7 pm in Area 31 (Calle de Maria de Molina, 31, Madrid), Annick Janssens hosts Venture Networks. To participate in these events, which are open to the public, startups must meet the profile and be able to pitch in English. There’s nothing more important for a budding entrepreneur than a well-constructed and well-executed pitch… and those don’t happen without practice!
Requirements
In order to apply to pitch at Venture Networks Area 31, your startup must:
- Be less than 2 years old (since entering the market)
- Have at least 1 person working full-time
- Be incorporated or be in the process of incorporation
- Be seeking investment (between € 50,000 and € 500,000) or plan to open a funding round in the next 6 months.
Note: Startups and attendees do NOT have to be associated with IE University or IE Business School.
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Two startups make 7-minute pitches in English before a panel of investors and entrepreneurs.
- After each pitch, the floor is open to the panel of investors who are invited to ask questions, offer advice or provide feedback on the startup’s pitch, business model, product, etc.
- When the panel finishes asking any questions, the floor is open to the public who are invited to ask questions and make constructive comments.
- Afterwards, all are invited to share a beer from our sponsor, Heineken, and continue to chat and network informally in Area 31.
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Every Thursday, with few exceptions*
*We do not host Venture Networks during the month of July, South Summit (Madrid) or during the week of our Venture Day Madrid.. With this in mind, we have implemented an application process that is 100% online.
VENTURE DAYS
VENTURE DAYS
Our Venture Days take place in cities around the world, connecting the entrepreneurial community across all continents. In the past three years, we have held more than 35 International Venture Days in cities such as Shanghai, Tokyo, Miami, Bogota, London, Santiago de Chile, Paris and many more!
Moreover, every year Madrid hosts two Venture Days with more than 500 attendants, which celebrates the winners of our Venture Lab Accelerator program.
We will organize multiple Venture Days around the world so stay tuned to our upcoming announcements of cities and dates!
Requirements
All Venture Day candidates must meet the following requirements:
- Startup developing innovative technology in any industry or sector.
- Committed team (at least 1 person with full time commitment).
- Startup already founded or at least in the process of being founded.
- Be in search of funding or strategic partnerships
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Listen to IE student and graduate startups pitch to a jury as well as an audience of international investors, entrepreneurs, fellow students and more.
After developing their ideas and receiving guidance from business mentors, students pitch their business plans at the IE Venture Day. In addition to receiving visibility and feedback on their idea, students have the chance to access real funding for their startups.
nEXT EVENT
IE Venture Day - Madrid, July 13th.
