Second Annual 'Rethink Music Venture Day' To Be Held In Berlin, October 24th
September 17, 2014 at 12:53 PM (PT)
The second annual 'RETHINK MUSIC VENTURE DAY is scheduled to take place in BERLIN on OCTOBER 24th at the newly launched start-up technology campus THE FACTORY. BERKLEE COLLEGE OF MUISIC, MIDEM and E BUSINESS SCHOOLS will host.
The 2014 version will provide a global networking forum with workshops and discussions for international music business start-ups, entrepreneurs, brands and investors. The keynote speaker is KOBALT LABEL SERVICES Dir. PAUL HITCHMAN.
The Berlin VENTURE DAY will also provide the stage for the final in RETHINK MUSIC’s search for 2014’s “next music business entrepreneur" for the chance to win a “business start-up package” worth over $10,000. Projects must be "investor ready" with a committed team and tested business model. Criteria for assessment will include innovation, team, growth potential, and scalability. A short-list of 12 start-up projects will be selected to pitch their ventures to a panel of judges made up of experienced music executives and investors at the event. Finalists will be notified by OCTOBER 6th.
The winner will be awarded $10,000 in legal services through a donation from DUANE MORRIS, space in BERKLEE’s music incubator in BOSTON, enrollment in an online certificate program from Berkleeonline.com; complimentary registration for MIDEM 2015; as well as access to investors and capital to launch their new music start-up.
Winners of the 2013 competition, BERLIN start-up NAGUAL SOUNDS -- who also won the MIDEM LAB 2014 competition -- will be presenting and performing at this year’s event, sharing their experiences and exploits since their success at last year's event
“We are excited about returning to BERLIN for our second RETHINK MUSIC VENTURE DAY and the search for this year’s next generation music business entrepreneur,” commented RETHINK MUSIC for BERKLEE COLLEGE OF MUSIC Dir. ALLEN BARGFREDE. “We had over 300 start-ups and guests from leading international music and creative companies attending last year -- with over 50 entries into our start-up competition -- and we expect to grow these numbers this year.”
“Music entrepreneurs and business start-ups have a key role to play in furthering the music industry, not least in delivering new original services to positively impact the ecosystem,” explained Director of MIDEM & Music Markets BRUNO CROLOT. “Our annual RETHINK MUSIC VENTURE DAY is designed to provide the forum -- and the tools -- to assist these entrepreneurs in developing their ideas and ventures into the successful music businesses of tomorrow -- and what better place to host this year’s event than THE FACTORY … a bespoke start-up and technology campus designed to enable entrepreneurs and innovators!”
“With today's new music industry business models, a VENTURE DAY for start-ups in music provides a great networking opportunity for music entrepreneurs, brands and investors alike,” said IE VENTURE LAB Dir. PARIS DE L'ETRAZ. “We are delighted to be partnering with BERKLEE and MIDEM once again to merge RETHINK MUSIC’s experience in fostering positive change for the future of the music industry with our VENTURE DAY format.”
Admission to the RETHINK MUSIC 2014 BERLIN VENTURE DAY is free with registration.