
There was great excitement in the room when the jury announced this year’s winner of the Entrepreneurship Challenge. The winning team consists of Juan Cruz Diaz, Raivo Kleijsen Laas, Ellen Nordling and Felix Rydberg, all of whom are studying International Management at Jönköping International Business School.
They won 70,000 SEK in an entrepreneurship competition—without using AI
A strong team spirit and a clear, high-energy pitch. That was the winning formula for the students who won the Entrepreneurship Challenge at Jönköping International Business School (JIBS) at Jönköping University.
“The funny thing is that we did it without using AI at all. We were so engrossed in our discussions that we forgot about it,” says Ellen Nordling, a member of the winning team
The prize of 70,000 kronor is provided by Aktiestinsen.

56 students from Jönköping International Business School and the School of Engineering took part in the Entrepreneurship Challenge in teams. Six teams progressed to the final and pitched their ideas to the jury.
The Entrepreneurship Challenge student competition is held annually at Jönköping International Business School to foster creativity, entrepreneurship, and interdisciplinary thinking, as well as team spirit and collaboration. This year’s assignment was to develop concrete proposals to strengthen JIBS’s position as “the most entrepreneurial business school in Scandinavia,” a task that proved to be a perfect fit for the winning team.
"We established a culture within the group"
"We had a team-building session a week before the competition to establish a culture within the group. We identified each other’s strengths and laid out a plan for the competition. We also talked about making an effort to unlock all the potential that exists at Jönköping International Business School, but that we had to put that on hold for the time being. And that’s exactly what became the case study in the competition!," says Ellen Nordling.
She was part of the winning team along with Raivo Kleijsen Laas, Juan Cruz Diaz, and Felix Rydberg, all of whom are studying the International Management program at Jönköping International Business School.
Changed 80 percent
Despite thorough preparation, the winning team had to rethink their approach several times.
“We focused heavily on understanding what the problem was, but after feedback from our mentors, we realized that our solution didn’t address the problem. So between our first and second pitch, we changed maybe 80 percent of the content and put a lot of energy into having a clear ‘hook’ in our presentation, including through a short role-play,” says Felix.
Their proposal focused on strengthening student engagement through greater flexibility, more value-adding live events, and better utilization of the school’s international environment.
Captured the audience’s attention
“We wanted to win to gain credibility to move forward with this issue. We have ideas that the competition jury thinks are good and wants to see something happen with them,” says Ellen.
Anna Blombäck, Associate Dean of Education at Jönköping Ingernational Business School and one of the competition’s jury members, believes the winners delivered a very strong presentation with a creative and somewhat provocative opening that captured the audience’s attention.
“Their solution not only identified actionable ways to augment the current E-challenge format but also had multiple ideas for strengthening the culture and practice of entrepreneurship at JIBS. All the teams proposed solutions will be reviewed to tease out how this creativity might lead to real action for JIBS and the competition,” says Anna Blombäck.
She considers the Entrepreneurship Challenge one of the highlights of the year.
"Confirms the quality of our students"
“Seeing the overall engagement in this competition and listening to the team’s presentations is not just very inspiring, but it also confirms the caliber of our students and the faculty training them.”
How do you celebrate a 70,000-krona prize?
"First, we have to write an assignment," says Ellen with a laugh. "But we’re going to celebrate, too."
They don’t want to reveal what they’ll do with the money just yet.
“We’ll keep that a secret until it happens. But the plan is to do something fun together before graduation,” says Felix.
Read more about the Entrepreneurship Challenge here Opens in new window.

The winning team together with the competition jury, which this year consisted of: Sven Rydell, Aktiestinsen and Jönköping Municipality (chair), Johan Klaesson, JIBS, Hanna Aspklint, Science Park, Julian Erlandsson, JIBS Student Association, Joaquin Cestino, JIBS (secretary), Chrysanthi Karakousi, JSA Entrepreneurship Academy.

Here is the team that came second, consisting of Krisztian Rozsmann, Daniel Gerold, Katerina Milatova and Kristina Kristof. They were awarded 50,000 kronor for their efforts.

The team comprising Eleni Kostini, Adam Amrullah, Irakli Kotiashvili and Syarief Ardiyatama finished in third place. They were awarded 30,000 kronor.
Facts
The Entrepreneurship Challenge is a 24-hour innovation competition at Jönköping International Business School for students at the school and students from the School of Engineering at Jönköping University. The competition is held annually and involves students being tasked with solving a real-world case study within 24 hours. When time is up, the teams pitch their ideas to a jury, which selects the three best solutions.
The competition is organized by Jönköping International Business School and the Aktiestinsen Foundation in collaboration with students from the Entrepreneurship Academy student association at Jönköping International Business School. The prize pool is 150,000 Swedish kronor, provided by Aktiestinsen. 70,000 kronor went to the winning team, 50,000 kronor to the team in second place, and 30,000 kronor to the team that came in third. This year, 56 students participated in 15 teams, six of which advanced to the finals.
The jury’s motivation for the winning team
"A strong presentation with a creative and slightly provocative start, capturing the audience. A solution that – in addition to augmenting the E-challenge – offers multiple ideas for strengthening the culture and practice of Entrepreneurship at JIBS. With a combination of content and process, the team successfully inspires several initiatives, such as E-track and Innovation hub, providing a comprehensive and actionable way to enhance JIBS entrepreneurial positioning.”