Jumpstart is a national organisation using trained volunteers to deliver an early education programme to preschool children in low-income neighbourhoods

Merlin’s Magic Wand is a worldwide charity for children which provides free days out at Merlin attractions for ill, disabled or disadvantaged young people

Impetus is a venture philanthropy organisation which provides a package of grants and support to non-profit organisations focused on breaking the cycle of poverty

Street League use the power of football to get the most disadvantaged young people into work, education or training

The Private Equity Foundation aims to empower young people to reach their full potential

The Asian Venture Philanthropy Network promotes venture philanthropy initiatives across Asia

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Date:Friday 6 January 2017
Title:Madrid Office Supports Five New Start-Up Businesses

Madrid Office Supports Five New Start-Up Businesses

On 21 November the Madrid office held its second CVC  Young Innovator pitching panel and awards. Applications were invited from young entrepreneurs from the national  network Youth Business Spain and were run in conjunction with CVC's partner, Fundación Tomillo. To be eligible for an award applicants needed to be under the age of 30 and have an early stage  business which has received  no external  investment  to date but which has already made some sales or demonstrated market potential. There were a wealth of business proposals submitted and the best were invited to pitch to a panel of CVC Madrid executives and guests. The winners of awards totalling €40,000 were:

CocopiFood
Home cooked and delivered meals in the Madrid area.

Orquestra Escuela
Social enterprise providing free musical education  to low income children, funded by fee paying instrumental music classes (Zaragoza)

GarageScanner
IT platform for mobile app allowing users to easily find and pay for parking in Spain's crowded cities (Zaragoza)

Recreando Creativo
Social enterprise comprising graphic and other design services for small businesses and social projects (Zaragoza)

LavaDog
  A "car wash" for dogs where customers take their pets to be cleaned

Congratulations to all the winners: Jorge Reinés, Kira Rivarés, Juan Miranda, Paula Aparicion and Rocio Rivas.

YIA winners with CVC's partner, Fundación Tomillo and judges

Madrid Office Supports Five New Start-Up Businesses

YIA winners with their awards

Madrid Office Supports Five New Start-Up Businesses