Lumen5, headed by CEO Michael Cheng (centre), an SFU SIAT alumnus—and early client of Coast Capital Savings Venture Connection— receives the top prize in this year's New Ventures BC competition.

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SIAT Alumnus takes 2019 New Ventures BC top Prize

October 07, 2019
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SFU alumnus Michael Cheng, CEO of Lumen5, a multi-million-dollar company that makes it easier for anyone to create speedy, “thumb-stopping” videos, is celebrating the company’s first-place finish in the 2019 New Ventures BC competition.

Shortlisted as one of B.C.’s 10 top new ventures, Lumen5’s creators netted the $105,000 prize, and will focus on taking their business to the next level.

A video creation platform powered by artificial intelligence, Lumen5 was designed to be a powerful storytelling tool that helps businesses drive online engagement. Anyone, even those without video editing experience or technical training can easily create compelling social videos in minutes.

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