Five MBA students from Wake Forest University Schools of Business won First Place at the Southeast Regional Venture Capital Investment Competition (VCIC) held at Georgetown University on Feb. 3, defeating Vanderbilt, Duke, Boston College, Emory and University of North Carolina.
Wake Forest now advances to the VCIC International Finals to be held April 12-14 in Chapel Hill, N.C., to compete against nine other regional winners.
Students on the winning team include: Emily Cantrell (MBA ’13), Guy Groff, Jr. (MBA ’13), Matt Henson (MBA ’13), Jud Killion (MBA ’13) and Dustin Morgan (MBA ’13). Members of the 2011 Wake Forest VCIC team helped this year’s students prepare.
Wake Forest VCIC faculty advisors include Stan Mandel, Professor of Practice and Director of the Angell Center for Entrepreneurship; and Todd Johnson, President of the Wake Forest Charlotte Center Board of Visitors and Managing Director of KeraNetics.
During the VCIC Competition, students play the role of venture capitalist evaluating high potential ventures. Teams negotiate with the entrepreneur on terms and funding.
The 14th Annual VCIC Competition encompasses 50 events on four continents with more than 1,000 MBA students competing. For more information, click here.
Note: Wake Forest has had a nice run in competitions recently, also taking first place in a financial plan competition in Las Vegas.