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CUNY Institute for Virtual Enterprise

One Bernard Baruch Way (55 Lexington Ave. Suit 2-140).
New York, NY 10010

P: 646-312-4790
F: 646-312-4781
ive@baruch.cuny.edu


   
Our Credit Card system allows students around the world to interact virtually.   Students run virtual businesses in a Global Virtual Economy.   The Leadership Program bridges the gap between academic education and real-world implementation.



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  CUNY IVE Engages 1,400 Students in UK MarketMaker Competition

Our CUNY Institute for Virtual Enterprise (IVE) expands its global reach by partnering with the Gazelle Colleges Group a consortium of 20 colleges in the United Kingdom and its third annual Market Maker Competition. This yearís competition engaged a record 1,400 students on the IVE marketplace where students created a total of 369 e-commerce sites and traded their products and services using their virtual credit cards. The final event, which was held on November 18 at Londonís prestigious Institute of Directors (IoD), featured the top 20 teams. The aspiring student entrepreneurs pitched their business ideas to a panel of judges and participated in a high energy trade fair that yielded an impressive 1000 transactions and almost $1,000,000 in sales. The success of this yearís competition was applauded by Business Minister Michael Fallon who emphasized that "it is important to nurture the aspirations of budding entrepreneurs. Their business ideas, drive and ambition are vital to the future strength of our economy. This competition has helped give students valuable experience and confidence about what they can achieve." CUNY IVE was represented by our Associate Director Christoph Winkler who addressed the students by inviting them to participate in our upcoming SmartPitch Challenge, which will kick-off in late January, 2014. We congratulate first place winner Chameleon Nails from Cardiff and Vale College who won a trip to New York to attend in CUNY IVEís SmartPitch Finals in June 2014.

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Posted on 2013-12-05 10:13:04  [ Return to Previous Page ]          
  






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