Budding entrepreneurs get start up support from LBS

Budding entrepreneurs from London Business School have been given a boost as they launch their business ventures.

The School’s Deloitte Institute of Innovation and Entrepreneurship Incubator has chosen 13 start-ups to join this year’s Incubator programme.  The School’s Incubator houses graduate entrepreneurs, who are launching their own business, for a whole year.  The winning start-ups, spanning the technology, food and beverage, property and transportation sectors, will get access to a support package for the year.

One of this year’s participants, Julie Bretland, Founder, Our Mobile Health, said: “What finally prompted me to apply to London Business School was the desire to start my own business.  Having graduated, it’s great to be part of the incubator for two reasons.  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.  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.”  

The support package includes:

• A cash injection for their business
• Office space in London Business School’s incubator for one year
• Professional support from Deloitte, Landor Associates and London Business School alumni
• Access to training and workshops
• An invitation to the E100 members-only Annual Dinner event where entrepreneurs can network with angel investors, get advice on crafting pitched and showcase their business to E100 members.

Participants will also learn from experienced Entrepreneur Mentors in Residence (EMiR) at London Business School - a group of 12 successful entrepreneurs, providing support and advice.

Saleem Arif, Founder, QualitySolicitors and a mentor in residence shares his entrepreneurial experience: “Founding QualitySolicitors opened my eyes to a number of things. Staying focused on generating revenue means all non-core areas can be outsourced. Do not underestimate the power of PR – it brings substantial credibility to a start-up and was instrumental in the rapid growth of our business. Finally, every start-up has ups and downs - stay strong and enjoy the ride.”  

The School’s Deloitte Institute of Innovation and Entrepreneurship will host its inaugural Founder Awards on 7 November. The event is a celebration of these 13 entrepreneurial ventures.