The Creative Destruction Lab (CDL) is a non-profit organisation that delivers an objectives-based programme for massively scalable, seed-stage, science and technology based companies.
Its programme pairs founders with experienced entrepreneurs and investors to set focused, measurable objectives with the goal of maximising equity value creation. Founded in 2012 by Professor Ajay Agrawal at the Rotman School of Management at the University of Toronto, the programme has now expanded with locations in nine business schools around the world.
Launched in 2019 at Saïd Business School, Creative Destruction Lab Oxford is the first CDL site in Europe and offers four streams:
- Artificial Intelligence stream - supporting startups predicated on the application of machine learning and artificial intelligence.
- Health stream - helping technical teams bring their medical and biological innovations to market by providing access to accomplished business mentors, health experts, scientists, and investors. This stream will accept founders pursuing commercial opportunities predicated on translational science and technology innovations in the fields of health, medical, and life sciences.
- Climate stream - suited to technical founders using novel innovations and enabling technologies to tackle climate, natural resource and environmental challenges. Areas include energy, mobility, future of food, new materials, manufacturing, buildings and cities, waste and circular economy, greenhouse gas removal, and climate risk analysis and mitigation.
- FinTech stream - solving a diverse set of financial industry challenges, including data infrastructure, regulatory compliance, financial access including automated digital systems, instant payment systems, identity verification, and embedded finance. Suited to founders developing innovations based on the application of machine learning, data science and distributed ledger.
The 9-month programme includes 4 full-day, on-site sessions focused on objective setting and culminates in a 'Super session' that brings together the most promising ventures from across all CDL sites.
With CDL we are taking the next step to support world-class scientific research and innovation across the UK and Europe.
The Student Programme is designed to expose students to the world of entrepreneurship and provide an opportunity to interact with early-stage, science-based companies. Students work with technical founders admitted to the Creative Destruction Lab programme (CDL) on bespoke projects. The programme introduces students to the context, decision-making principles, and practices of equity investing for supporting the growth and development of early-stage high-potential technology ventures.
This innovative Hub – the first in Europe – will help our start-ups get the support they need to take their ideas to market and scale up their businesses.