#InnovActionLab is a non-profit organisation, founded in 2011, whose sole mission is to create talent-preneurs.
It achieves this through an emotionally high impact, no-nonsense course made up of seminars and trial pitches. The course is offered for free to students between 18 and 38 years of age. The seminars are held by entrepreneurs and startuppers and the student teams are all assigned mentors. Of about 50 teams, up to 8 finalists are selected for the finals, usually held end of June.
The finals are in front of about 800 people with about 100 investors! That's high impact!
It is all financed through the generous donations from our sponsors and supporters. Why do they donate? Because the unintended end-product are startups. Since 2011, InnovActionLab alumni have created or become part of a total of 25 startups to date (March 2013), raising over €4,000,000 from VCs and angels.
However not everyone decides that entrepreneurship is the best outcome for them. It's horses for courses! But that's the whole point of #InnovActionLab!