How can scientific findings of a specific discipline be brought into the industry to deliver true benefit to humankind?Ajay and his team really pioneered the translation of regional excellence in research and innovation into entrepreneurial and commercial success. The program employs an objectives-based mentoring process to enhance the performance of new founders. They learn from the insights of experienced entrepreneurs, with the goal of maximizing equity-value creation. In 9 campuses around the world, the Lab’s specialty streams are developed regionally to leverage ecosystem strength. With this final project of excellence, the jury wanted to highlight the track-record an initiative like the Creative Destruction Lab can have on regional and global innovation ecosystems. It truly stands for Science & Innovation Management.
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