Tuesday, February 28, 2006

VC "Entrepreneurs choice" prize

Just to let you know, we came 3rd in the competition and won the "Entrepreneur's choice" prize!!


It was a fantastic few days (if a little tiring), and we all got so much out of it. A HUGE thanks to Mike for setting up the competition - we had an amazing, unforgettable experience, and hope we did you all proud!

Cambridge came first, IESE came second, then us. We beat Insead, Rotterdam and HEC.

After handing in our term sheet, appendices and exec summary yesterday morning, we did a 6 min presentation and then faced 9 mins of gruelling questions from the judges (dragon's den style). We had traded our presentation slot so we could go first and watch all the other teams present - this was a great decision because we learnt so much from watching the others and hearing the questions from the Judges. After the awards ceremony, we also had the opportunity to speak to each judge individually and hear their feedback and advice. This part was invaluable. We will aim to get our notes written up and sent round, so that everyone can benefit from some of their insight as well.

Thanks again for all your support and encouragement,

Claire, Jessica, Marty, Gertrude and Rebecca

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