Team 'RideOn' wins the third edition of the Deloitte Fiduciaire Entrepreneurship Challenge

Deloitte Fiduciaire plans to hire 45 new graduates this year

Brussels, 26 March 2013 – Last weekend, the team RideOn emerged as the winner of the Deloitte Fiduciaire Entrepreneurship Challenge. This competition, which was entered by 40 student-teams from all over Belgium, encourages students to set up a virtual company and manage it online. The winning RideOn team from the l'UCL Mons / HEI Lille wins a trip to New York. Deloitte Fiduciaire considers young talent to be extremely important and plans to recruit 45 new graduates this year.

The Deloitte Fiduciaire Entrepreneurship Challenge was held for the third time and consisted of a competition in which 40 teams of Bachelor and Master students in accountancy, economics and finance majors competed against one another in a business game aimed at setting up the best virtual company. This year, 40 teams and 180 students participated, twice as many teams as the previous years.

Last weekend the final of the competition took place at the Deloitte offices in Diegem following a number of assessment rounds which took place in in Bruges, Charleroi, Ghent, Jette, Leuven, Hasselt, Antwerp, Kortrijk and Liège. In Diegem the teams pitched to a panel of investors consisting of partners and directors from Deloitte Fiduciaire. Team RideOn with Deloitte Fiduciaire coach Sébastien Lagneau from the UCL Mons / HEI Lille scored best, both in the business game and in the presentation round. The 5 team members –– Jamy Maigre, Jean-Luc Verhelst, Réginald Jacquemain, Enrico Marchesani (all from UCL Mons) and Charles Du Roy (HEI Lille) can now look forward to a trip to New York.

The Deloitte Fiduciaire Entrepreneurship Challenge provides students with the opportunity to put their theoretical knowledge into practice. The participating students are required to assume the management of their own virtual companies and take decisions in all relevant business areas (purchasing, price policy, marketing, HR and finance) aimed at guiding the company forward and attracting investors to finance their growth. During the various assessment rounds the students compete against each other on the same market in an online environment. Furthermore, students are supported by a coach from Deloitte Fiduciaire throughout the competition.

RideOn scored highly during the business game. The team impressed the jury with its strong presentation which highlighted the team's entrepreneurship. The team even offered to buy out some competitors who also participated in the game. The vision and strategy were clear and well documented, and all team members proved to be determined. The jury was won over by their ambitious project which was presented like real entrepreneurs: professionally, dynamically and collaboratively.

Nikolaas Tahon, Managing Partner of Deloitte Fiduciaire: "Through this game, we can show the students that Deloitte Fiduciaire is much more than just an 'accountancy office'. It is extremely satisfying to see how this game brings out the best in young people in terms of entrepreneurship; Belgium has a great deal of young business talent to offer, and we at Deloitte Fiduciaire can only applaud and encourage that. We are planning to hire 45 new graduates in 2013 to add them to our teams. We are very excited about the success of this third edition and are certainly planning to organize the Challenge again next year."

Pictures are available on our Deloitte Fiduciaire Facebook page