The MBA World Trophy started during an informal chat with a classmate on the Smurfit MBA programme. We would create an international competition for MBA students. We wanted to assemble the brightest and best entrepreneurs from the top colleges around the world who wanted to build their own companies. We would bring them to Dublin and host a competition.
So fast forward seven months and by the time we handed in our final MBA project we had visited some of the world’s most prestigious business schools and invited them to send teams to compete in the inaugural MBA World Trophy. The response we got from the different schools was fantastic and very encouraging.
The concept is simple: teams of four students from some of the world’s top universities come to Dublin next May with an idea for a startup. While here, they will have their business model challenged by industry experts, venture capitalists, financiers and academics. As well as being a competition this will be a chance for our guests to build an international network with their peers. Some of the teams traveling to Dublin this May include; Ipade Mexico, NYU Stern, Rotman Toronto, IE Spain, Esan Peru and many more.
While competing at the event our teams will also attend workshops and discussions in four areas, Innovation, Finance, Leadership and Growth. We have assembled a great lineup of speakers and mentors to share experiences and tell their stories. Professor Vivek Wadhwa will lead the Innovation discussion, Dr. Ron Weissman will share his experience on financing new ventures and building the perfect pitch. You can check out the schedule on our website. There are a limited number of public tickets available that can be purchased here.
While it is anticipated that the teams will be MBA-led, the reality is that startups need expertise in areas other than business, such as engineering and computer science. So we encourage universities to send multi-disciplinary teams to enhance the standard of competition. On a recent trip to Stanford University, we discovered that entrepreneurship standards in the top Universities are exceptionally high. For example, on an 11-week entrepreneurship module in Stanford’s D-School, students can only get an A if they have secured a paying customer for their product or service after 11 weeks.
The MBA World Trophy takes place from 16th to 18th May 2013. So if you are in college with a idea for a startup that you believe is going to change the world then get in touch. We’d love to hear from you. Or if you want to attend part of the event you can get tickets here.