Friday, February 11, 2011

Wake Students Win Venture Capital Award

A team of students from the Wake Forest University Schools of Business won the Entrepreneur’s Choice award at the 14th Annual Venture Capital Investment Corporation (VCIC) regional competition at Georgetown University on Feb. 4.

The team -- comprised of Chris Gabriel (MBA ’12), Andy Jones (MBA’12), Jamin Lundy (MBA ’12), Catherine Ramos (MA ’11) and Will Richards (JD/MBA ’12) -- won $500 for the Entrepreneur’s Choice Award, voted on by the management teams of the companies that participate in the VCIC competition.

The Wake Forest team coach is Todd Johnson of KeraNetics, a biomaterials company which creates keratin-based products for regenerative medicine, trauma care and cell culture. The faculty advisor is Stan Mandel, director of the Angell Center for Entrepreneurship at Wake Forest University Schools of Business.

“Our team came a long way in such a short period of time,” Mandel said. “This is a great personal achievement for each of the students. They did well representing Wake Forest.”

VCIC is an MBA competition in which students play the role of a venture capital firm that must evaluate business plans and pitches from entrepreneurs, choose a venture in which to invest and negotiate terms of a deal.

Click here to learn more about the VCIC competition.

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