MBA students from CBS win regional final of Venture Capital Investment Competition

Skrevet af Michael Thorin JensenFelix Kasperek, translation - Foto: Jørn Albertus - 17. marts 2014 - 23:290 kommentarer
Five happy students from the Full-Time MBA program at CBS, photographed on the staircase of Råvarebygningen. Front row from left: Elmar Jung, Tim Hohm, Prashant Bhagchandani. Back row from left: Sergio Llorian, Andrea Baccenetti.

A team of five MBA students from Copenhagen Business School won the “Europe North” Venture Capital Investment Competition Final in London. Now, the five students are going to Chapel Hill in the United States, to compete in the final.

The successful team from the MBA Full Time program qualified in a local competition held at CBS earlier this year.

At the regional competition, which took place at London Business School on Saturday, March 8th, the MBA students Andrea Baccenetti, Prashant Bhagchandani, Tim Hohm Elmar Jung og Sergio Llorian won first place, and thereby beat out schools such as HEC Paris, IESE and Cambridge.

It’s the first time ever a team from CBS has won the regional final and thereby secured a place in the global final, which will be held from April 10th – 12th at the University of North Carolina, in Chapel Hill, USA.

Competition is a market place for investors
The Venture Capital Investment Competition was established in 1998 when the dot.com bubble was at its highest, and its purpose was to educate MBA students in venture capital financing. The competition is now on its 16th year and has evolved into a market place for investors seeking capital and a training ground for future venture investors.

In 2013, VCIC was held in more than 50 nations across 4 continents, and in total, over 1000 students, 150 venture investors and 100 ventures. VCIC Denmark held its first event in 2010, where the Danish team came in third in the regional final in Oxford.

Participants judged by venture capitalists
The purpose of the VCIC is to give the students insight into the role of venture investor. In the competition, they assess business plans and models presented by Danish ventures.

A jury consisting of professional venture investors will be observing and asssessing the MBA teams‘ performances.
This year, the Danish winning team received guidance from the Danish venture investor Thomas Weilby Knudsen from NorthCap Partners, a leading early-stage venture capital fund based in Copenhagen.

Read more about VCIC Denmark
Read more about VCIC on the global website