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BancSabadell
BancSabadell

BStartup Class

A place where the knowledge and experience of entrepreneurs are shared in the high-performance program and activities that Banco Sabadell carries out within the entrepreneurial eco-system.

“Smart innovation” en #SouthSummit19

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“Smart innovation” at #SouthSummit19

From the BStartup Class and through different videos, knowledge and experiences of entrepreneurs are shared with the aim of making it easier for new projects to achieve success. This new video corresponds to the South Summit 2019 event, which was held from 2nd to 4th October in Madrid, specifically to the panel “Smart innovation: how […]

06.11.2019 626 veces
South Summit - The good, the bad and the ugly in an investment round

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“The good, the bad and the ugly in an investment round” at #SouthSummit19

Banco Sabadell organizes different activities related to the entrepreneurial ecosystem with the objective of facilitating the development of new projects. One of these programs is the BStartup Class, where entrepreneurs make their experiences known through different videos, such as the panel “The good, the bad and the ugly in an investment round” held at the […]

05.11.2019 647 veces

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“Regulatory Sandbox: What’s to come?” at #SouthSummit18

This panel at South Summit addressed the impact that the Spanish regulatory Sandbox will have on the financial sector and how it will help to boost fintech startups, as well as the importance of establishing a closed regulatory testing space to accelerate innovation, avoiding risks for third parties. Moderator: Asunción Gilsanz, Chief Entrerprise Architect Banco […]

09.10.2018 822 veces

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“Corporate venturing: a view from both sides” at #SouthSummit18

In this panel on Corporate Venturing, the vision of the companies on the advantages of having the support of a corporate investor in the cap table of a startup was approached from a multisectorial point of view. Moderator: Rebeca Gimeno, journalist in El País Retina and Cuatro Participants: Julio Martínez, CEO at InnoCells by Banco […]

09.10.2018 349 veces
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On 4th June, a new edition of the Venture on the Road roadshow was held online together by SeedRocket, BStartup of Banco Sabadell and local partner Startup Galicia. The III Venture On The Road Vigo connected investors seeking new opportunities, entrepreneurs who want to network and the selected startups for the event.

In addition to the usual presentation of the startups, III Venture On The Road Vigo had the participation of Nacho Ormeño, founder of Startupxplore, who offered a keynote titled "5 things I would have liked to know when I started my first company" .

The four finalist startups of III Venture On The Road Vigo were:

The III Venture On The Road Vigo jury chose oSIGris as the winning startup. The functionalities of its application allow to manage crops quickly and easily, it offers climatological information of the area and of nearby pests and diseases, and it allows to view all the information of the application, in an orderly and simultaneous way, on the web platform.

Keynote by Nacho Ormeño

III Venture On The Road Vigo featured an interesting keynote by Nacho Ormeño, founder of Startupxplore. This platform is aimed at both startups offering help to get investment and investors who can access first-rate opportunities.

In his keynote, Nacho Ormeño revealed in five main blocks the five things he would have liked to know when he started his first company:

"I would have liked to know that most new startups cease because the partners argue and do not have a good partnership agreement, or for lack of financial planning. If you don't know how cashflow works, stop, learn it and start building.”

The main concern of any business is how to generate demand, and for this he stressed that "understanding how your customers behave in your system will allow you to save on marketing."

Another important tip is that "as CEO, try to empathize with your technical team." Founders with no technical background should learn some code to understand how an engineering team or programmer thinks, and over-engineering should be avoided.

Startups must ask themselves if they really need to go to a funding round. If you need to go to investors, you have to wait until you have the first customers to validate the business model.

Many thanks to all the participants who made the celebration of III Venture On The Road Vigo possible and congratulations to oSIGris for achieving victory.

SeedRocket TV gives you the opportunity to watch the entire session:

https://www.youtube.com/watch?v=24aLFSCAkLw

Imagen: elcorreo.com

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For the second time, the benchmark meeting between entrepreneurs First Tuesday was held virtually because of the COVID-19 health crisis.

On this occasion, the renowned entrepreneur Juan Urdiales, co-founder and coCeo of Jobandtalent joined the conversation with Carlos Blanco to share his experiences and main personal and professional lessons learnt throughout the years.

Graduated in Business Administration and Management and Law, Juan Urdiales' career has always been closely linked to the world of entrepreneurship. “Since the last year of my career I have become an entrepreneur. Our Plusquamperfecta project, a retail project with a commitment to personalization, was awarded as the best business project and we launched it with the award. "

A few years later, alongside his partner Felipe Navío, the job search startup Jobandtalent was born. “Jobandtalent arises as a need, we continued to need personnel in the midst of a crisis and even so it was difficult to recruit talent. That's where the idea of ​​a platform that united demand and supply arose, especially for young people at the time of the crisis”.

“When raising capital, investors did not look so much at the past experience, but at how we were doing it at Jobandtalent. We had a lot of growth and fulfilled all the milestones that we had set for ourselves. Something investors have not doubted is that the team was able to execute. This has characterized us, always surrounding ourselves with very good people”.

Model change: coexist or turn the page?

There are many entrepreneurs who have doubts about how to face a change of Business Model. The initial Jobandtalent model, conceived as a matching platform between workers and companies, began to show certain limitations and problems that led to the commitment of both partners to a transactional model with which the company has achieved more than 140 million euros of investment and an expansion in seven markets.

The company decided to bet on a more transactional model where they can accompany the worker even after joining the company and facilitate bureaucratic procedures for them.

“The change in business model also meant a corporate transformation. It was a total bet, the two business models did not coexist. We focused on this transactional model.”

Now, with a successful company that does not stop growing, Urdiales affirms that his aim is to remain in charge for years. “Felipe and I see each other for years in the company. Investors know it well and share growth prospects. The future will tell where we end up and what is the exit for many of these investors, but now we are all very aligned in this long-term direction.”

Company culture: from paper to actions.

"Strategically, company culture has been the most important and where Felipe and I have put the focus. It is important to understand that company culture arises from actions, not from a document: you generate culture. We have taken time to understand ours, but now everything revolves around it ”.

As a last tip, Juan Urdiales stressed the importance of always having control of the company. “You have to be careful about wanting to grow too fast. Sometimes, it can turn into harmful growth. You have to be ambitious, but don’t lose control”.

Stay tuned for upcoming First Tuesday appointments through our social media accounts BStartup and First Tuesday.

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On 4th June, a new edition of the Venture on the Road roadshow was held online together by SeedRocket, BStartup of Banco Sabadell and local partner Startup Galicia. The III Venture On The Road Vigo connected investors seeking new opportunities, entrepreneurs who want to network and the selected startups for the event.

In addition to the usual presentation of the startups, III Venture On The Road Vigo had the participation of Nacho Ormeño, founder of Startupxplore, who offered a keynote titled "5 things I would have liked to know when I started my first company" .

The four finalist startups of III Venture On The Road Vigo were:

The III Venture On The Road Vigo jury chose oSIGris as the winning startup. The functionalities of its application allow to manage crops quickly and easily, it offers climatological information of the area and of nearby pests and diseases, and it allows to view all the information of the application, in an orderly and simultaneous way, on the web platform.

Keynote by Nacho Ormeño

III Venture On The Road Vigo featured an interesting keynote by Nacho Ormeño, founder of Startupxplore. This platform is aimed at both startups offering help to get investment and investors who can access first-rate opportunities.

In his keynote, Nacho Ormeño revealed in five main blocks the five things he would have liked to know when he started his first company:

"I would have liked to know that most new startups cease because the partners argue and do not have a good partnership agreement, or for lack of financial planning. If you don't know how cashflow works, stop, learn it and start building.”

The main concern of any business is how to generate demand, and for this he stressed that "understanding how your customers behave in your system will allow you to save on marketing."

Another important tip is that "as CEO, try to empathize with your technical team." Founders with no technical background should learn some code to understand how an engineering team or programmer thinks, and over-engineering should be avoided.

Startups must ask themselves if they really need to go to a funding round. If you need to go to investors, you have to wait until you have the first customers to validate the business model.

Many thanks to all the participants who made the celebration of III Venture On The Road Vigo possible and congratulations to oSIGris for achieving victory.

SeedRocket TV gives you the opportunity to watch the entire session:

https://www.youtube.com/watch?v=24aLFSCAkLw

Imagen: elcorreo.com

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