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Boston/Paris/Madrid – Berklee College of Music, IE Business School, and Midem today announce the first-ever Rethink Music Venture Day, to take place in Berlin, Germany on Thursday, October 24, 2013, at the nhow Music and Lifestyle Hotel, part of the international hotel group NH Hoteles. The event merges Rethink Music’s experience in fostering positive change for the future of the music industry and IE’s global Venture Day format to give music entrepreneurs the opportunity to pitch their projects to a team of experienced executives and investors. It will also offer a variety of learning workshops and discussions for attendees on subjects such as marketing and raising funds for a music enterprise.
Entrepreneurs or companies may submit a proposal to present at Rethink Music Venture Day until September 23, 2013. Notices will be sent to selected presenters by October 1. Projects must be “investor ready” with a committed team and a tested business model. Criteria for assessment will include innovation, team, growth potential, and scalability. The winner will receive $10,000 legal services through an in-kind donation from Duane Morris, LLP, enrollment in an online certificate program from Berklee Online, a complimentary registration to midem 2014, and access to investors.
Admission to the Rethink Music Venture Day is free of charge. Complete information on registration as well as the submission form may be found at rethink-music.com.
“Continuing the tradition of Berklee’s focus on the future via Rethink Music, we are proud to announce a call for proposals from the next generation of music entrepreneurs. The event will provide a inventive platform for launching a new music startup and we are pleased to continue to this work with midem and IE.” says Allen Bargfrede, Executive Director of Rethink Music for Berklee College of Music.
“Midem believes that entrepreneurship and business incubation has a positive impact on the music industry, for this reason we have developed several initiatives such as Midemlab, our startup competition. We are delighted to continue our collaboration with Berklee College of Music and our new partner, IE, for the first ever Rethink Music Venture Day in Berlin.” comments Bruno Crolot, Midem Director, said Bruno Crolot, Director of midem.
“With today’s new music industry business models, a Venture Day for startups in music, provides a great networking opportunity for music entrepreneurs, brands and investors,” said Paris de L’Etraz, Director of the IE Venture Lab.
About Rethink Music
Created by Berklee College of Music and Midem, Rethink Music began in 2010 and has hosted major conferences in Boston, as well as global private working group events and public workshops, including 2013 projects at Midem, Berklee’s campus in Valencia, and at Sónar in Barcelona. Centered around transforming the music industry, Rethink Music projects are designed to bring music stakeholders together to discuss business models for the future, examine copyright challenges in the digital era, and analyze technological innovation in music and its distribution with a focus on fostering positive change for the future of the music industry.
About Berklee College of Music
Berklee College of Music was founded on the revolutionary principle that the best way to prepare students for careers in music is through the study and practice of contemporary music. For more than 65 years, the college has evolved to reflect the state of the art of music and the music business, leading the way with the world’s first baccalaureate studies in jazz, rock, electric guitar, film scoring, songwriting, turntables, electronic production, and more than a dozen other genres and fields of study. Berklee serves distance learners worldwide through its award-winning online extension school, Berklee Online. The college’s national after school music program for underserved teens, the Berklee City Music Network, is in 30 cities and counting. A new campus in Spain, Berklee in Valencia, began hosting the college’s first graduate programs in the fall of 2012. With a diverse and talented student body representing nearly 100 countries, and alumni and faculty that have collectively won more than 305 Grammys and Latin Grammys, Berklee is the world’s premier learning lab for the music of today—and tomorrow.
Midem is the annual international b2b event dedicated to the new music ecosystem, with a tradeshow, conferences, competitions, networking events and live performances. It’s the place where music makers, cutting-edge technologies, brands & talents come together to enrich the passionate relationship between people & music, transform audience engagement and form new business connections.
IE Business School shapes leaders that promote innovation and change in organisations, equipping directors with an entrepreneurial mindset that generates employment, wealth and social wellbeing. Recognised as one of the world’s leading business schools, IE Business School has an urban campus in Madrid and a faculty of more than 400 professors who teach students from 93 countries on its master, PhD and executive education programs. IE students use innovative online and presential learning formats, including the IE Communities platform where they exchange knowledge and experiences with 40,000 IE graduates that currently hold management positions in some 100 countries.