Andalusian Entrepreneurs Win the first IE Impact Weekend Competition
Madrid – 5 June 2011 – IE Business School is pleased to announce «Tarifas Blancas» as the winner of Impact Weekend, a 60-hour, hands-on, innovative experience that brought together 30 students from IE Business School along with social entrepreneurs from across Spain to share ideas and develop socially responsible business plans.
Tarifas Blancas, an initiative being developed by Andalusian entrepreneurs, Jesús Rivas and Pedro Elías Rincon, is a web-based platform that seeks to provide millions of unemployed Spaniards with access to commercial initiatives to help address the economic needs of their families as well as provide them with a network to find employment opportunities. “Our dream is to save each unemployed Spaniard 1 euro per day”, stated Jesús. Expressing his satisfaction with the structure of the weekend’s activities, he added that “Impact Weekend was the turning point our project needed. The number of talented people who attended this event to support social entrepreneurship was incredibly motivating”.
Justing Goldbach (Aspen Institute), Fernando Arias (Valanza Private Equity), Jose Martin Cabiedes (Fundacion Haz lo Posible), Pablo Almunia Sanz (ITM Platform) y Margarita Albors (SocialNest)
Jesus Maria Cainzos Escudero (IE MBA), Sergi Burrull Valdés (un amigo del equpio de Tarficas Blancas), Pedro Elías Rincon (Tarifas Blancas), Jesus Rivas (Tarifas Blancas), Manual Camacho (IE MBA), Jose Luis Ruiz de Munain (IE MBA)
«It’s really useful to have a weekend that focuses solely on social impact. Moreover, Tarifas Blancas is a great project that can really change the current situation of unemployment in Spain”, said Gary Stewart, Director, IE Venture Lab. Mr Stewart was one of the five investors that evaluated the final presentations, alongside representatives from Creas Venture Capital, Ashoka Spain, Valanza Private Equity and Fundación Haz lo Posible.
IE Impact Weekend, created by students from IE Net Impact Club and IE Venture Lab, leverages IE Business School’s business savvy and strong culture of entrepreneurship to empower both social entrepreneurs and students with the tools to create a more socially and environmentally sustainable world through business. Following a highly competitive series of Pitch Your Peers events, a total of five ideas were developed throughout the weekend by participants, with valuable mentoring advice provided by established social entrepreneurs from organizations which included the Aspen Institute, SocialNest, EBBF, ITM Plaform and the Hub Madrid.
The first Impact IE Weekend took place from 27 to 29 May 2011, with a second equal event tentatively being planned for November 2011.