7th edition of Banespyme Orange School Project in Spain

In Madrid, Orange, Fundación Cultural Banesto and IE Business School, as its partner, have launched the 7th edition of Banespyme Orange School Project.

Founded in 2000, Banespyme Orange School Project has become the Spanish referent in business plan competitions related to innovation. It have been created more than 60 technology companies that have received more than 5 Millions Euros.

Banespyme Orange School Project has helped more than 120 enterpreneurs teams. Otherwise, 6 Investors Panel have taken place in order to approach the capital sources to the best business ideas.

The comittee will select one project for each of the following categories:

Prize for the Best Entrepreneurial Project
Prize for the Best Growth Project in SMEs
Prize for the Best Social Project


Each prize consists of the means required to set up the best entrepreneurial or develop the growth projects selected by the jury. There is a minimum prize of €6,000 in the form of cash or material and human resources for each winning project. In the case of the social project, the prize is based on what it needed to launch and develop the plan.

The teams of the twenty selected projects will receive seminars and personal tutorials by IE mentors and professors. After this training period, 10 finalists will be selected on the basis of the viability and innovation of their business model. These finalists will present their business initiatives to a Panel of Investors to obtain the capital required to set up or consolidate their enterprises.

In this 7th edition Banespyme Orange wants to move the entrepreneur spirit everywhere in Spain and to promote a network between new teams, participants of previous occasions and potential investors.



the press release
the Banespyme Orange School (in Spanish)