BIR Students win First Prize of the Business Plan Challenge at IE University


The winning project, Citizen Five.O Travels (CFT), was presented by BIR students Claudia Ochoa and Corine Ackermann.

Find and Seek and Polkrom won second and third places.

Two students from the Bachelor in International Relations, Claudia Ochoa and Corine Ackermann, were the winners  of the first prize of the second edition of the IE University Business Plan Challenge, with their project Citizen Five.0 Travels (CFT). This competition rewards the best business plan ideas, pitched by the all first year students of both the Segovia and Madrid campuses.

CFT, the winning idea, is an online travel agency specialized in humanitarian travels for young people. It has the objective of simplifying the process of finding volunteering and philanthropic opportunities with NGO’s and charity organizations around the globe. The second prize was given to the project Find and Seek, presented by Arla Takala, Carlos Sahuquillo and Carmen Martí,  Bachelor in Business Administration students from the Madrid Campus. This business idea consists of a smartphone app that makes it easier for people to find objects that are commonly lost, such as the keys or wallet. Finally, the third prize was won by BBA students María Luisa San Salvador, Víctor Cazal, Sara Chebbi, Zi quiang Zhu and Ana Bello, for Polkrom: a business idea that seeks to provide an accessible and complete 3D printing service to the public.

The jury of the second edition of the Business Plan Challenge was formed by three experts: Joe Haslam, Ángel Largo and Fabrizio Polini, who analized the business ideas and their possible success in the current market. The jury highlighted the diversity and quality of the projects presented, which demonstrated the good ideas that young entrepreneurs are capable of generating. The BBA Program of IE University is the organizing force behind the Business Plan Challenge, an effort to acknowledge that the university has many young entrepreneurs who are able to come up with great business ideas and successfully embark in the first steps towards their creation. The objective of this event is to promote the exchange of knowledge, stimulate innovation and maximize the entrepreneurship spirit at IE University.



By Roberto Arribas