London Business School (LBS) has selected 13 start-up ventures to join its incubator program, which means they will benefit from a cash injection for their business, office space within the incubator for one year, access to professional support and training and more, the school announced this month
The school’s Deloitte Institute of Innovation and Entrepreneurship Incubator each year selects a group of graduate entrepreneurs who are launching their own businesses. This year’s winning start-ups span the technology, food and beverage, property and transportation sectors, the school notes.
In addition to cash and office space, the support package awarded to incubator participants includes professional support from Deloitte, Landor Associates and LBS alumni; access to a range of training and workshops and an invitation to the members-only E100 Annual Dinner event, where entrepreneurs can network with angel investors and E100 members. Selected start-ups also receive support and advice from LBS’s 12 Entrepreneur Mentors in Residence (EMiR).
For one of this year’s participants, Julie Bretland, knowing that she wanted to start her own business was what finally prompted her to apply to LBS. Bretland cites two major ways being part of the incubator has helped her start-up venture, Our Mobile Health. “First, it’s great to continue to be closely involved with the school, to learn from faculty and previous intakes, and to encourage current students,” she said in a statement. “Second, support from the large, respected brands involved in the Incubator can’t be underestimated at this early stage of a business. Their practical help and the credibility of their brands is invaluable.”