MT 2022 Funding Competition

Win up to £20,000 for your business venture!

We run the LSE Generate funding competition twice a year, during the Michaelmas and Lent terms. Each competition has 3 to 5 winners, who will each take home a share of £20,000 to spend on their ventures. 

Your time is now, and we’ve got your back!

Applications for this term’s funding competition are closed. The next funding competition applications will open in the 2023 Lent Term.

 

Funding Competition Workshop - with David Paperelli: Watch the informal fireside breakfast with LSE Generate's Entrepreneur of the Year who offered his top tips on how to maximise your chances on reaching the Generate competition finals!

Funding Competition Workshop - With LJ Silverman: A brief outline and Q&A of the funding competition

 

Who can apply?

Both current LSE students and alumni graduates, with no restriction on year of graduation, from the UK and overseas can apply.

We welcome new ventures at one of these stages:

  • Pre-launch - You have identified an opportunity and are in the process of developing your market understanding, proposition and initial team. 
  • Live - You have an initial team, minimal viable product or service, and are in negotiations with or working with your first customers.

Your venture must be a commercial product or service rather than a charity or organisation that relies on grant funding. You can articulate how your venture contributes to the SDG's and you are a current LSE student or alumni.

There is no restriction on how many team members you can have for each entry, but you will need to explain the role and contribution of each person.

Previous applicants are eligible, but we’ll be looking for evidence that your idea has developed since your last application. Previous winners are unfortunately not eligible as we want to be able to support as many entrepreneurs as possible!

Please note: Applicants to the Pre-Launch category are not expected to include as much detail in some areas as those applying for the Live category.  

 

Key dates:

Competition Opens: Tuesday 20th September 2022

Deadline: Friday 14th  October 2022

Finalists list announced: Monday 7thth November

Finals take place on: Friday 2nd December


How to apply

Read through the info below, then simply complete our form (Typeform) here, making sure you complete all the questions and attaching the relevant links & documents. You will receive a confirmation email once you submit that we have received your application. 

NB. Generate emails have been landing frequently in people's spam/junk/promotional folders so please make sure you keep an eye on those throughout the competition process – we don't want you to miss anything!

Good Luck! 

 

Please note LSE Generate can only transfer prize money; grants or awards to individuals personal accounts, and not corporate or business accounts. If you have any questions, please contact the LSE Generate team.

 

The Rounds

The LSE Generate Funding Competition consists of just two rounds:

ROUND 1: THE BIG SELL

This is your one chance (that's a bit dramz; there'll be plenty of others) to wow us - we want you to submit a pitch-deck and a 60-second video to sell your genius idea.

 

  • What to include for your pitch-deckThink of this as an investment pitch and include everything an investor might want to see. Some areas to consider:

    o   Market research and strategy (e.g. segmentation, mission statement, competitor analysis, user research, marketing strategy, social impact)
    o   Management and organisation (e.g. company description, team structure, logistics)
    o   Financials (e.g. costs, revenue projections, sales figures if available)
    o   How you’ll spend your winnings

Your pitch-deck should be submitted in a PDF or Powerpoint format.

  • What to include for your video: The video is another chance for us to see your creative side as an entrepreneur, we want to be able to see the essence of your business. The video can be any style you like.

Please note: Applicants to the Pre-Launch category are not expected to include as much detail in some areas as those applying for the Live category. 

 


 

FINAL: THE BIG MOMENT

The previous funding competition grand finale took place this year in the UK at, Belvedere Academy in Liverpool. 

  • The Final: Yourself and co-founders will present your pitch in front of a panel of judges, and audience. Finalists have 10 minutes to pitch, followed by 10 minutes of Q&A from the judges.

Looking to nail your Pitch Deck?

Follow this link to get guidance from our friends and partners at Houghton Street Ventures. 

 

Pitch Deck & 60-second video Inspo 

Cultiba Pitch Deck & Cultiba VideoPrize winner of MT21 Funding Competition

Disena Futuro Pitch Deck – Prize winner of MT19 Funding Competition

Happy Insurance Pitch Deck - Prize Winner of LT19 Funding Competition

 

Winners of the Funding Competition

SEMA; Lanterne; Hen Pals; Pip & Henry; M-Cultivo; Educbank; Alxedo.

  


 

LSE Entrepreneur of the Year Awards

We encourage all the competition winners to apply to the LSE Entrepreneur of the Year awards in the Summer Term. We’ll choose an overall winner for each category and award additional funding.


Visa

If you’re an international student, you could be eligible for a Start-up visa if you participate in the funding competition. Get more information on Start-up visas.

 

Support

If you have any further questions or would like advice or support from the LSE Generate team, then please contact us via email listing your questions.