King’s College London were announced as the winner of Outstanding Entrepreneurial University 2018 at THE Awards on Thursday 29 November.
This award is sponsored by the National Centre for Entrepreneurship in Education and the judging panel were looking for institutions that have:
Developed and delivered an exceptional approach to embedding entrepreneurship within its culture and programmes. Demonstrated a significant impact at regional, national or international level.
The judges praised the institute’s “broad” and “inspirational” activities. “King’s College London demonstrates the powerful impact that can be created by fostering an entrepreneurial mindset alongside a research focus,” the panel said.
The 2016-17 academic year was one of major expansion and significant impact for the Entrepreneurship Institute at King’s College London. Its team grew from three to eight people, and it built a thriving entrepreneurial community of 10,000 students, staff, alumni and supporters.
Central to its success was the King’s20 accelerator initiative, which over 12 months helped 20 teams to get 380 hours of mentoring from experts in residence. These teams generated £430,000 of investment in that period and earned £227,000 in revenue. They have created 20 jobs, and six King’s20 entrepreneurs have won national awards. All the participants said that the initiative had boosted their prospects.
The institute also delivered an engagement programme that brought high-profile entrepreneurs, including former Anglo American chief executive Cynthia Carroll and chef Heston Blumenthal, to campus, produced a magazine, supported student societies, and ran welcome fairs and ambassadorial programmes.
Its learning programme delivered skills workshops to 180 people, ran an idea generation competition that climaxed in an awards ceremony at the House of Lords, and created an online entrepreneurship learning space.
One eye-catching innovation was the UK’s first “venture crawl” – a 12-hour “entrepreneurial” journey across London in a Routemaster bus – whose format has now been replicated by eight other universities.
The other universities of an exceptionally strong shortlist were:
- University of Central Lancashire
- City, University of London
- University of Hertfordshire
- university of Lincoln
- Teesside University
We would like to congratulate King’s College London for their incredible achievement and also all of the short-listed universities for their impressive work.
To find out more about the THE Awards please visit their website