The Investor Day finale certainly delivered on the promise of bringing together great life-improving solutions with generous and progressive backers. Our candidates and their impact-driven businesses truly blew our guests away at today’s long-awaited event.
The Design Orbit program, run by INDEX: and The Boston Consulting Group, takes the best early stage business cases from the INDEX: Award finalist pool and helps them scale their impact. To get the selected candidates investment-ready, they’re first partnered with BCG consultants to work on their business models locally, they then travel to Copenhagen for the full Design Orbit program. Investor Day, as the final event of the program, enables candidates to pitch to a large group of potential investors for capital, business guidance, and mentorship.
Our Strategy & Program Director Liza Chong kicked off the event held in BCG’s Copenhagen office with a warm welcome. Keynote speaker Jonas Kjellberg, BCG Senior Executive Advisor – Digital Ventures, then gave an inspiring opening presentation on entrepreneurship and how to create a winning sales culture. Jonas is a former lecturer at Stanford University and Stockholm School of Economics, and one of the main drivers behind the initial commercial success of Skype.
Adam Milgrom our Investment Partner then took over to facilitate the day’s exciting, short but sweet, seven-minute pitches.
The first round of pitches included Bento Lab, the first laptop sized DNA kit; BloodLink, a service streamlining the sourcing and exchange of blood donations; Field Ready, an ‘hacker’ initiative 3D printing essential tools and parts directly in the field; Hyperelastic Bone, a break-through 3D printed bone repair and replacement material; and Ignitia, a critical project providing accurate weather forecasts to remote farmers.
The second round included Light Active Textiles (formerly called Textile Cleaned with Sunlight), a revolutionary nano-enhanced material with anti-bacterial and healing properties; Ubuntu, an innovative low-cost containment bed for disease outbreaks; what3words, an addressing system that marries a global grid with the dictionary to give everyone worldwide an accurate address; and last, but certainly not least, Woobi Play, a playful modular anti-pollution mask designed for children.
All the presentations were impeccably delivered. Each design candidate showed a great passion for their project combined with solid business plans and clear long-term objectives.
Following the pitches, an open exhibition was held where design entrepreneurs had a chance to show off their products and services, and engage with investors, business angels and foundations directly.
As per tradition, a small People’s Choice vote was held during the event. The three prizes were given to Bento Lab for the best communication, what3words for the cleverest concept and Woobi Play for the most ‘loved’ idea.
A huge congratulations to all the candidates, the INDEX: Investment team and the BCG team. We can’t wait to watch the progression and success of each incredible initiative!