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- MS&I Staff and students shine at UCL Awards for Enterprise
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- IMB Student was Awarded the e-skills Internship 'Intern of the Year 2011' at the Annual Event at IBM
- UCL Enterprise Society Team wins Enterprise Challenge
- BSc Information Management for Business and UK IT skills shortage
- Technology Entrepreneurship Students win £100k Technology Strategy Board Grant with their start-up
- Web-based Start-Up Showcase Project Launched
- Student entrepreneurs set to share idea with China’s billion-plus consumers
- MSI Envites you to a Research Seminar on: The Dangers of Deep Knowledge: New Ventures in the U.S. Solar Industry on 12 October 2011 from 15.30-16.45
- MSc Management students win HELO Awards!
- Former MSc Technology Entrepreneurship student receives $2.5 million funding
- The Future of the Internet: Cisco's Vision of technological change and how it plans to respond
- Entrepreneurial electives at London Business School
- MS&I joins the Association of Business Schools
- Eeve app for iPhone launched by former MSc Technology Entrepreneurship students
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- Have Your Say! The 2012 National Student Survey seeks the views of final year undergraduates...
- UCL Student Business Receives International Recognition
- Fulbright-UCL Award for MSc Technology Entrepreneurship Announced
- MSc Technology Entrepreneurship student leads Silicon Valley trip
- MSc Technology Entrepreneurship student heads up Enterprise
- MSI Invites you to a Research Seminar on: The role of cost modeling in competitive bid procurement
- MSc Technology Entrepreneurship students shortlisted for Seedcamp London 2012
- MSc Technology Entrepreneurship students win prizes in Chile
- MSI Teaching Fellow on BBC News site
- MSc Entrepreneurship graduate wins China-UK Entrepreneurship Challenge
- New innovation centre in Tech City will benefit MSc Technology Entrepreneurship students
- Speak up! The 2013 National Student Survey seeks your views this term
- MRes/PhD Management Science & Innovation Studentships Available
- Open House and Reception: UCL Management Science & Innovation MRes/PhD Programme
- MSc Technology Entrepreneurship students mentioned in The Guardian
- MSI Teaching Fellow interviewed on Radio 4
- Research by Dr Mihaela Stan featured in the Financial Times
- Graduates describe how the Information Management for Business degree has helped their career development
- Goldman Sachs Small Businesses Programme delivered by MSI
- Former MSc TE student co-founder of one of Top London startups to watch
- MSI student start ups prize winners at the UCL Enterprise Awards
- Bart Vanneste joins the editorial review board of the Academy of Management Journal
- UCL teaching fellow awarded Kauffman Fellowship
- Dr David Chapman appointed to Enterprise Educators UK board
- Goldman Sachs 10,000 small business training programme to be delivered by MS&I Teaching Staff
- MSc Technology Entrepreneurship Alumnus raises $6.5 million!
- First PhD programme Graduate secures job at Warwick Business School
- Pete Clark's book Masterminding the Deal gets a mention in the Economist
- Dr Chia-Jung Tsay's paper suggests classical music competitions judged by sight, not sound
- UCL graduate’s business raises $6.5 million in investment
- UCL Careers win an AGCAS Award for Excellence for MS&I Careers work
- UCL welcomes first Technology Entrepreneurship Fulbright Scholar
- Former MSc TE student raises £180,000 to launch Jive Bike
- Former MSc TE students achieve exciting startup milestones
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- Prime Minister officially opens IDEALondon centre in Tech City
Former MSc TE student raises £180,000 to launch Jive Bike
29 October 2013
Marcin Piatkowski - an MSc Technology Entreprenership graduate - has raised £180,000 of investment for his new folding electric bike design, Jive Bike. Meanwhile, is success is being widely reported in the media, such as The Daily Telegraph and Tech City News.
The bike – the first of its kind – is constructed from aluminium and is chainless, being propelled instead through enclosed drive shafts linked to the pedals instead of a chain.
An electric motor in the hub of the front wheel provides a top speed of 15.6mph when being used instead of pedal power, with a range of 20 miles before a charge is needed. The bike charges fully in just two hours, and is designed to be fully foldable down to the size of a small suitcase to aid commuting. As a result of the design of the fold, the bike can be wheeled to its final location. The bike weighs in at 15 kg because of its aluminium frame, despite the extra additions of batteries and motor.
Marcin has been supported by the university to develop his idea through winning a £15,000 Bright Ideas Award and also won a business plan competition organised by UCL Advances, the university’s centre for entrepreneurship, which provided Marcin with a further £10,000 in funding.
Of the £180,000 investment raised on Crowdcube, individual investments range from as little as £20 to more than £50,000.
The money will be used to bring the bike, which is now at the last stage of product development, into production, with the first finished products rolling off the production line in summer 2014.
Orders for the bike – which will retail at an anticipated price of £1500 – have already started rolling in since the investment round concluded.
Speaking after raising the funding, Marcin said: “Jive Bike will make commuting a totally different experience. From the outset we have kept weight as low as possible, both through the use of aluminium and also through keeping batteries small and light.
“Other electric bikes exist with a further range but for commuters in cities – which the bike is built for and who have already made up a big block of interest – a range which gets them to the office and back, with a rapid charge, is ideal.
“Our intention was to design a product that offers benefits of having a bicycle, without any lifestyle compromises. I think we have succeeded.”