Blog

Experiences from an unusual Venture Capital Investment Competition (VCIC)

Earlier this month, I was fortunate enough to participate in the Canadian Venture Capital Investment Competition as part of the University of Waterloo’s undergraduate team. While the event is usually held in Halifax, Nova Scotia, it was moved to a virtual setting because of the global pandemic. This presented a new set of challenges for us to face and overcome.

Participating in this competition was an opportunity to represent the School of Accounting and Finance (SAF) and the University of Waterloo on a global stage, learn from the best, and become an expert on one special company. While we faced our fair share of ups and downs, there were a few aspects that were key to our success.

Anna, Kyle, and Sabrina met in their first year of university as Associates in the ACE Consulting Group. Their collaboration started three years ago working on delivering consulting engagements to start-up clients, and later on leading the ACE team. The three of them worked well together, had a passion for strategy, and enjoyed the thrill of case competitions. After a successful run at the School of Accounting and Finance (SAF) Strategy Case Competition, they decided to collaborate again at the International Collegiate Business Competition (I.C.B.C.) hosted by Queen’s University. 

Since a young age, my parents instilled in me and my siblings the importance of giving back to our communities to create a positive impact in whatever way possible. From a young age, I remember joining my brother and father in various random acts of kindness by offering food to the homeless in underprivileged neighbourhoods in Pakistan. These acts of kindness remained important to us as we all grew older and busier with our lives.

The competition day was super quick – we delivered a 10-minute presentation which was followed by a 10-minute Q&A period. A lot of preparation culminated in only 20 minutes of time! Personally, this was the first time I participated in a completely virtual competition and as a result, I had to adjust to working remotely.

In my first term, it has already given me many opportunities to meet industry professionals and attend a variety of workshops and events.

Once I attended UW, I was then offered the opportunity to join the Fellowship program. At first, I didn’t know what to expect, but today I can proudly say I have not regretted signing up for the program once.

The Fellowship program is amazing in that it provides you with the ability to connect with like-minded individuals who are both friendly and supportive.

Advice for grade 12 students who are nervous about starting university.

At first, I was scared of entering my first ever co-op because I had no real work-experience prior, however, the BETS program really came in clutch and helped me enter my first co-op placement extremely prepared.