Miami team members finished second beating more than 75 schools.
Miami team members finished second beating more than 75 schools.

Miami venture capital team takes 2nd in international competition

A team of Miami University students tied for second place in the national finals of the 2017 Venture Capital Investment Competition (VCIC).

The VCIC is an invitation-only international competition carried out over two rounds: Miami won the regional round in early March to advance to the final contest. In the VCIC, student teams act as institutional investors representing venture capital firms.

From regionals to nationals, Miami’s team of undergraduates bested more than 75 schools from 13 countries, including teams from University of Chicago and Northwestern and Michigan State universities.

It was Miami’s first time in the competition.

The team had coaching from professionals for the final competition. Members of StartupCincy affiliates CincyTech, Cintrifuse, Allos Ventures, Blue Chip Venture Co., MAYWIC Select Investments and Hyde Park Venture Partners all met with the team in Cincinnati, per Cintrifuse.

As Tim Holcomb, team adviser and Cintas Chair of Entrepreneurship in Miami’s Farmer School of Business, told Cintrifuse, “This is a significant moment for not only the Institute for Entrepreneurship, but Miami University as a whole. The caliber of the competition that the team faced was world-class and this achievement speaks volumes about the students’ capabilities and ability to tap into an amazing network of regional support.”

Details on the competition and Miami’s team can be found at Miami's news website