JHU Venture Capital Investment Competition
RSVP at: https://www.facebook.com/events/729525533807887/
TEAM APPLICATIONS DUE DECEMBER 19th!
The Venture Capital Investment Competition® began in the middle of the technology bubble in 1998 as an educational event for MBAs to learn about venture funding. Now in its 18th year, through good times and bad in the venture industry, VCIC® has evolved into a marketplace for entrepreneurs seeking investors and a training ground for future venture capitalists. In 2010, VCIC included 50 events in four continents, and served 1,000 students, 150 venture capitalists and 100 entrepreneurs. The program is akin to a network of mini-venture fairs, wherein about a quarter of the entrepreneurs who present go on to raise venture funding.
At the core of the event is a creative turn of the tables. Unlike business plan competitions in which students pitch their own ideas to investors, at VCIC the students are the investors, and real entrepreneurs pitch to them. It is a very powerful learning experience for both parties. Add to the mix a dozen VC judges, and you have what the VCIC website describes as a “win-win-win.” Students learn (and win cash), entrepreneurs connect with investors and VCs get an early peek at some viable deals.
How viable? About 25% go on to raise venture capital after participating at VCIC, remarkable considering that most of these events occurred post-bubble, including a dismal one-out-of-30 in 2002. At the finals, 2 of 5 go on to get funded.
All enrolled graduate students, not just MBA candidates, are eligible, including executive MBA, excluding students who are current full– or half–time paid employees of a venture capital firm.
VCIC Important Dates
**Thursday, December 4th - 4:45 pm to 6:00pm
Information Session & VC Workshop at JHU Carey
**Friday, December 19th - by 11:59PM
DEADLINE FOR TEAM APPLICATIONS FOR JHU VCIC COMPETITION!
Teams may apply even if they were unable to attend information session. The Innovation Factory VCIC Committee will select the top 6 teams to compete for the JHU VCIC Competition. We highly encourage multi-disciplinary teams that include a variety of educational & professional backgrounds.
**Friday, January 23rd - 8:00 am to 6:00 pm
Johns Hopkins University VCIC Competition at Johns Hopkins University Carey Business School
**Friday, January 30th - 8:00 am to 6:00 pm
Winning JHU Team/Individuals Compete at Regional VCIC Competition at Georgetown