The School does not have its own venture fund –focusing its resources on providing tools, advice and mentoring that result in compelling venture propositions that can raise capital from an increasingly diverse and specialised number of sources and platforms.
However we have relationships with two Funds – both of which are open to any business which fits their investment criteria.
Sussex Place Ventures (SPV) is a specialist private investor fund that provides venture capital and private equity to early-stage companies. The fund, which is owned by London Business School, seeks to invest in science-based businesses, information and technology opportunities and great entrepreneurs who can execute their business strategies with passion and panache.
SPV draws on the School’s alumni and links with the business community, entrepreneurs and organisations to help provide superior returns to investors.
Enterprise 100 (E100) is a business angel network with close links to London Business School. As a source of early-stage finance for student and alumni-run ventures, it plays an integral role within the School’s entrepreneurship community. The network provides expertise and support to students, mentors for the Entrepreneurship Summer School and case studies for our faculty to draw on when teaching. It also offers judges for student competitions and guest speakers for lectures.
The School places great value on its relationship with the E100, whose members meet six times a year at LBS. E100 has around 80 members and welcomes new applications.
As well as SPV and E100, students have several other options to finance their ventures. They include the following:
Business Angel Networks
These are some of the UK’s most active angel networks. Check out these and others at British Business Angel Association.
Early Stage venture capital firms
Here is a list of VCs that are known to invest in early-stage businesses. Check out their profiles on CrunchBase
These accelerators offer training and mentoring programmes, providing a fast-track to seed funding for scalable new businesses:
Crowdfunding refers to financing a company by selling small amounts of equity to many investors, usually over the internet. The different types of crowdfunding sites may be categorised as follows:-
Reward based crowd funding
Loan based crowd funding
Equity investment crowd funding