It was a day of innovation and ideas at LSE on Friday afternoon as LSE Generate, LSE’s flagship entrepreneurial skills development hub, hosted its long-awaited entrepreneurial funding finale! The board rooms at the top of the New Academic Building were transformed into mini dragon’s dens as the School’s most promising entrepreneurs pitched before panels of judges in the hope of winning a share of the 10k prize as well as a mentoring package to support them as they launch and grow their businesses.
This year’s judges were a mix of alumni entrepreneurs, from an array of backgrounds including fintech, robotics, digitial marketing, social enterprise and ecommerce and were responsible for selecting which of LSE’s top start-up talent deserved to win the title. Each enterprise spent 15 minutes pitching to the dragons before the questions flowed and the business plans were explored in minute detail. Students were scored on financial credibility, company uniqueness, scalability prospects, team dynamics amongst other criteria with the social enterprises being judged on potential impact, too.
As the day finally drew to a close with all 16 projects having pitched, either in person or via Skye, the judges huddled round the table to decide who should be crowned winners. Deliberations continued into the early evening as each judge shared their preferred pitches with the rest of the team. 5 businesses were eventually selected, the winners coming from a range of backgrounds including AI, fashion, wellbeing, tech, and gender equality. Here’s a summary of each of the winning enterprises:
LSE Generate would like to congratulate all of the winners and indeed all of the applicants from this term’s competition – there were over 60 entries this term and the quality and potential of the projects was at an all-time high.
And it doesn’t end here – all of the winners from the both terms’ competitions will be invited to apply for the LSE Entrepreneur and LSE Social Entrepreneur competition that takes place this Summer here at LSE. All our welcome to come and watch – news on dates and entries can be found through the LSE Generate Twitter and Facebook pages.
If you are a student or alumni who would like to get more involved with entrepreneurial activity at LSE visit the LSE Generate website for more info. They’d love to hear from you!