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Proposal for UofBirm

Prashant Raizada

Created on February 18, 2024

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Collaboration to build a Purpose-Driven Entrepreneurial Ecosystem at The University & Beyond
Table of Contents:
1. Pilot Proposal
2. What is Lumi and what outcomes does it deliver?
2. Why Lumi?
3. How can Lumi work with you?
4. Appendix

Pilot Proposal

Proposal

Initiative 2: Entrepreneurship Workshop

Initiative 1: Business Idea Competition

Scope: Lumi quest in hybrid format starting with a workshop style format in Dubai followed by the remaining quest in virtual mode Participants: Students from UK, Dubai, and Singapore campus visiting Dubai campus for the 4-day event. Program Delivery Option 1: Regular Quest Delivery Students sign up for the Lumi Quest. First, a 3-hour workshop where the initial sessions of Lumi are covered. Followed by the remaining sessions to be conducted in virtual mode. Option 2: Entrepreneurship Workshop Followed by Regular Quest A 3-hour workshop in Dubai about Entrepreneurship. Following workshop, students sign up for the Lumi Quest. All sessions conducted in virtual mode. Facilitation: CEO and Founder to conduct the 3-hour workshop in person Global Facilitators led by UoB alumni in virtual sessions Co-Founder & Prof of Stanford Uni to participate in 1 session for feedback

Scope: Facilitate students to scope out a real-world/business challenge Outcome: A well formed business idea to be presented in video format. Shortlisted students will develop a detailed presentation for UK visit. Quest Phases In Scope: Investigate, Ideate, Elevator Pitch of Idea Out of Scope: Solutioning, Prototype, Test, Iterate, Capstone Presentation Participants: Up to 20 students in Dubai campus Timeline: March 7 - March 24, 2024 Quest Sessions: 6-8 live sessions, each 1 hour long + offline activities Delivery: Virtual mode Facilitation: 1-2 Global Facilitators led by University of Birmingham, UK campus, alumni CEO & Founder to kick-off program and help refine ideas later in person Co-Founder & Prof of Stanford University to give feedback to ideas across (1 session)

Pricing

Initiative 1: Business Idea Competition

$12,500

Initiative 2: Entrepreneurship Workshop

$675 per student

Actual Price: $900 per student. 25% introductory discount

$5,000

University budget to fund part of student cost OR set up a challenge prize

What is Lumi and its outcomes?

Lumi: Our Purpose

Backdrop

Mission

Most valuable companies of our generation built around tech, design, entrepreneurship

Development of values-driven Entrepreneurship AI and Design-Thinking skills in the young people across the world

Vision

Equitably develop a million young people globally with the skills and the network to solve the biggest challenges of today/tomorrow.

However..."The next 1,000 unicorns won’t be search engines or social media companies, they’ll be sustainable, scalable innovators e.g., startups that help tackle issues related to climate change" - Larry Fink, CEO Blackrock

How can Lumi Support Universities

University

Students

Help develop an entrepreneurship ecosystem that attracts industry & government participation in a win-win fashion

Help students build solutions targeting hottest global topics & demonstrable entrepreneurship, AI and design-thinking skills

Develop a virtuous loop to learn, earn and innovate as students participate and then facilitate Lumi's Quests

Help further the reputation & brand to attract quality students from across the globe

Lumi develops entrepreneurship and innovation skills in young people.

  • We run digital, scalable cohort-based Quests guided by innovation facilitators
  • Supported by an AI-augmented online learning platform
  • Participants produce novel tech-enabled startup ideas to business problems
  • And develop entrepreneurship, design and AI-readiness skills

Lumi was conceptualised by a father & son duo in 2020(click image to read the story)

How Lumi will create a virtuous loop for university students to learn, earn and innovate for a brighter future

10

Mentors participants as an industry expert/entrepreneur A SME Mentor
Runs the Lumi Quests A Paid Innovation Facilitator
Participates in Lumi Quests A Luminary

Lumi comprises a top-notch global team with deep experience in entrepreneurship, technology, and education

11

Member of House of Lords, Former MP & Cabinet Minister, UK

Design Thinking & Innovation, Stanford University Prof

Ed-Tech & Multi-exit Entrepreneur, ex-McKinsey

Prashant Raizada Founder - CEO London

Dr Christopher Shen Co-founder & Chief Innovation Officer San Francisco

Lord Henry Bellingham Chairman London

23+ year track record in 5 startups. Recognised leader in global Ed-Tech

23+ years as VC, Stanford Professor & World Leading Design Thinking Expert

Seasoned Chair of Global Businesses, Knight

College and Career Readiness, ex-College Board

Curriculum and Quest Designer, Imperial College London Prof

Biz.Dev & Youth Skill Development

Nefelie Kalavrezou Product Delivery, Lumi London

Dr. Tatia Wa Quest Designer London

Harish Menon Vice President, International Dubai

15+ years in Robotics, Applied Linguisitics, and Design Thinking

Univ. Of Birmingham Graduate with 5+ years in sustainability & education

15+ years in global education management, management consulting

The Lumi Quest: A design-thinking-led journey

12

The Quest is accredited by Stanford University affiliated institution

Developed with Renowned Design-Thinking & Innovation Professor at Stanford University

Prof. Christopher Shen, Co-Founder of Lumi

15

Topics linked to UNSDGs (e.g., Sustainable Cities, Climate Change, Health)

Live, facilitated sessions undertaken in 8-15 weeks or as a week-long hackathon

Up to 10 participants/Quest from across year-groups or a single one

Watch A Quest in Action

13

Click Image to Watch Video

Overall, over 80 innovations have emerged from Lumi's Quests some of which have significant potential as standalone businesses

14

Click Screens For Demo

Measure & improve your green impact while competing with friends!

An interative curriculum building awareness on forms of equality!

Pre-ordered school meals to reduce food waste!

Incentivising users to buy less food to reduce waste!

Offering grocers soon to expire food at discount - contributing a % to a good cause!

Win point & buy gifts for your virtual pet by taking shorter showers!

Connecting care homes with schools globally for learning, in a safe way!

Allowing locals to deliver food to the elderly & disabled!

Each participant obtains a Future Skills Passport: A proprietary credential that can significantly boost their career prospects

15

Key Skills Developed by Lumi

Click for Demo

Why Lumi

The Lumi Founders & Core Leadership are highly accomplished global leaders

17

  • Ex-McKinsey serial entrepreneur with 24 years globally in ed-tech/tech/strategy
  • Founding team member of Infosys BPM, acquired by Infosys Technologies for $2bn
  • Founder & CEO, EnglishUp, Macmillan Publisher, 3rd largest English learning co., Brazil
  • Founding Operating Leader of Holtzbrinck- Macmillan $100m Digital Education Fund
  • Advisor to boards of several education cos.
  • BS IIT- Varanasi, MBA IIM-Calcutta
  • Adjunct Professor of Medicine, Stanford University. Trained 200+ Fellows over 20+ years in a design-thinking le medical innovation
  • 25 years as a Life sciences venture capitalist with USD$2B+ in value creation
  • Founder, Singapore Biodesign, the first official partnership with Stanford Biodesign
  • Former physician, medical device inventor, venture capitalist passionate about entrepreneurship and innovation
  • BS, MS, MD & MBA from Stanford University

Ed-Tech & Multi-exit Entrepreneur

Global Design Thinking & Innovation, Leader

Prashant Raizada Founder - CEO Dubai, London

Dr Christopher Shen Co-founder & CIO San Francisco

  • Member of the House of Lords, UK
  • Former Cabinet Minister under David Cameron
  • Former Parliamentary Under-Secretary of State for Africa
  • Member of Parliament, UK
  • Senior Adviser to J. Stern & Co. LLP, a fund management company
  • Non-executive chairman of Clifton Africa
  • Magdalene College, Cambridge University
  • US college admissions and career readiness expert
  • 20 years of global education leadership (SAT, PSAT, AP, Big Future, Fin Aid, etc.)
  • Multi-year partnerships development with K-12, Higher Ed, NGOs, and governments
  • Chair, IC3, Student Mental Health Taskforce
  • Former management consultant for Education, Manufacturing, and Financial Services industries
  • Member of IACAC
  • BTech IIT - Bombay, MS Carnegie Mellon Uni

Senior British Politician, Policymaker and Business Leader

College and Career Readiness,ex-College Board

Lord Henry Bellingham Chairman London

Harish Menon VP, International Dubai

Global Impact + Public Recognition

18

1000+ students have experienced Lumi

Lumi has worked with students in 14+ countries

Influenced over 10K people worldwide

80+ innovations tackling global issues

Over 50% of participants are female

identified Lumi as an emerging provider in the Ed-Tech sector, 2023Showcased at the Early Stage Investor Conference as a high potential ventureShowcased by The Commonwealth at COP27

Lumi has worked with or attracted students from leading universities worldwide

19

Lumi School Partners

Examples: How Lumi's facilitators from various universities have secured top jobs worldwide, linked to their passions & skills

20

Agustin Perez AI Engineer Amira AI

Hanako Kawasaki Innovation Consultant Innovia

Udodirim Iroaganachi Product Manager Microsoft

Calvin Ng'Wono Management Consultant McKinsey & Company

Rahel Kiss Behavioral Designer The Behavioralist

Jemima Snelson DTE Teacher Highgate School

Hanna Prytherch Policy Consultant Flint Global

Siddharth Baroth ESG Analyst Buchanan

Cheryl Li Gender Violence Advocate Refuge

Michelle Kim UN SDG Educator Harvard/Alberta University

Leading global companies have collaborated with Lumi (select examples)

21

A Major UK Bank

Knight Dragon- Global Real Estate Co.

A Big Four Accounting Firm

A Global Tech Major

Talent upskilling collaboration with a Big Four to run a quest for apprentices to develop Cybersecurity innovations
Innovation and Impact-led collaboration with Nationwide to run Quests for underserved school students in NW England on the topic of Green Homes
Impact-led collaboration with Knight Dragon to run sustainability focused Quests for school students in the Greenwich Peninsula
Impact & Outreach-led collaboration to run Quests with young people from the UK, India and Singapore and with deep involvement from employees as mentors

A Global Healthcare Major

UN Conference of Parties

A Leading Tech. & Financial Info. Company

A UK Bank

Selected as a high potential startup within their Eco-Disruptive initiative, also sponsored to showcase innovations at the Cheltenham Literary Festival
Impact focused collaboration with a UK Bank to run Future Cities & Inequality focused Quests for school students in the UK
Showcased by The Commonwealth at COP27 as a high impact venture to empower young people on the topic of Climate change
Talent-led collaboration to upskill apprentices and graduates with cutting edge future skills while solving sustainability challenges

How can Lumi work with you?

23

How Lumi can work with you

01

Conduct a Proof of Concept

Run a lite version of the Lumi program for the (1) Business Idea Competition and/or (2) the Entrepreneurship Workshop as a Proof of concept to validate Lumi program efficacy for integration into Entreprepneurship Program

02

Launch As An Elective Course

Build skills in Entrepreneurship, Design Thinking and AI-readiness skills in the first batch of students.

03

Create a virtuous loop as students return to Lumi to be an Innovation Facilitator and get paid for facilitating next batches of students. And as a result further enhances their skills.

Build a Student-Led Quest Program

04

Forge Linkages with Industries and Gov't

Bring in corporates to sponsor quests. Builds career readiness, sets up networking opportunities, and enhances career placement opportunities (and student recruitment). Partner with gov't to support D33 agenda.

05

Setup an Innovation Hub on Campus

Scale quests to innovate on challenges pursued by academia and industry. Collaborate with other universities. Evolve into an accelerator program that brings in additional support and funding.

APPENDIX

" At Stanford we are increasingly looking for a different kind of applicant - someone who has done something different, delivered real-world impact. Lumi seems to offer a chance to do exactly that. "

Member of Stanford Undergraduate Committee

What School Heads think about Lumi...

Click the image

27

The Commonwealth COP27 and COP28

Select Energy Transition innovations were showcased at COP27 in Egypt, 2022. See what happened here

28

School Roster

Lumi School Partners

UNITED KINGDOM & INTERNATIONALLY
  • St Ignatius (UK)
  • Hamiliton (Mexico)
  • Purium Schools (South Korea)
  • The Foundation School (India)
  • Inventure Academy (India)
  • Safa Community School (Dubai)
  • Kings College Wimbledon (UK)
  • Putney High School (UK)
  • Repton School (UK)
  • Donhead Prep School (UK)
  • Cowley International College (UK)
  • Charterhouse (UK)
  • De La Salle School (UK)

The Foundation School