Mike Hudson receives the Distinguished Professional STEM Alumni Award 2024
In a wide-ranging interview, Mike shares his insights into tech entrepreneurship, philanthropy and his successes and the lessons learned from his career to date.
On 17 September 2024, City St George’s School of Science & Technology will honour three of its most outstanding alumni at its third, annual STEM Alumni Awards ceremony.
This year, Mike Hudson (BSc in Systems and Management Science, 1987) will receive The Distinguished Professional STEM Alumni Award.
Mike Hudson runs the Mike Hudson Foundation, which donates AI to support nonprofits. He is a tech entrepreneur and philanthropist based in London.
He founded TestRAMP, a nonprofit genetic testing marketplace that contributed significantly to Covid-19 PCR testing in the pandemic, and donated its £2.4m profits to charity.
Mike has founded and sold several successful financial tech companies, including Baymarkets and Cscreen. He now runs MHA.
In a wide-ranging interview, Mike shares his insights into tech entrepreneurship, philanthropy and his successes and the lessons learned from his wide-ranging career to date.
CN: Why were you inspired to create TestRAMP and how did you find the process?
MH:
In early 2020 there were no vaccines for COVID-19. WHO declared that every country should "Test, Test, Test." The UK's then health secretary, Matt Hancock, called upon British labs to increase PCR testing capacity.
My partner, a primary care physician, was working in a front-line COVID-19 centre, whilst I was at home frustrated at being unable to contribute to the crisis. I began to wonder whether I could use my electronic marketplace experience to help increase the UK’s capacity of COVID-19 PCR testing.
Demand for PCR capacity grew dramatically throughout the pandemic until vaccines began to take effect. In the commercial sector, demand increased sharply when PCR testing was mandated for screening international travellers and pinpointing new virus strains. In the pandemic's initial phase, I observed that some of the UK’s PCR lab facilities were isolated, and not fully utilised.
Having seen similar challenges in the financial sector, I wondered whether establishing a marketplace platform to bridge the gap between labs and healthcare entities could help to maximize COVID-19 PCR testing. This idea became TestRAMP. We reached out to as many labs as possible, identifying those already proficient in PCR and assisting other labs to get involved.
CN: Tell us about the Mike Hudson Foundation?
MH:
After TestRAMP, we’ve focused mainly on setting up my foundation. Mike Hudson Foundation (MHF) is my charitable scientific research fund. We donate money & AI resources to support scientific research, including into climate change and biodiversity. MHF also advises on AI & marketplaces as powerful tools for solving social problems, and helps nonprofits to collaborate.
MHF is a donor advised fund operating under the auspices of Prism the Gift Fund, registered charity no. 1099682. We’re very grateful to Prism; they provide extremely effective administration of our giving to the organisations we support, which include ZSL conservation and Alzheimer's Society.
CN: As a successful tech entrepreneur, why have you decided to focus on social good ventures?
MH:
Although TestRAMP was a genetic/genomic marketplace – which was very new to me - the underlying principles were the same as those of financial marketplaces I have built in the past. What was very different was the motivation, and the effect that had on me.
It was enormously satisfying to get up every day and run something successful that was entirely non-profit, and doing a little bit to help during the pandemic. Recently I’ve gone even further outside my comfort zone. Protecting biodiversity and supporting conservation are two of my passions and as well as supporting ZSL conservation financially, I’m now Adviser to their CEO on innovation. Who knows where that will lead!
CN: How has your BSc in Systems and Management supported you throughout your career?
MH:
That’s a timely question! Until recently I would have said there hadn’t been much connection. My final year project was a derivatives modelling decision support system, but other than that I hadn’t seen my degree as particularly relevant. However, I recently re-read Dana Meadows “Thinking in Systems” and realised that, yes, I had actually been thinking in systems all along. Somehow systems thinking must have become embedded in me without my realising it.
CN: Looking back, why did you choose City St George's to complete your degree?
MH:
It’s hard to remember exactly why. I think what I remember most is the spread; Systems and Management at that time was an extremely broad degree course, ranging from Peter Checkland’s Soft System Methodology and international relations, to economics and investment decision analysis. I think it gave us tools to get our heads around different types of questions quite quickly.
CN: Do you have any standout memories from your time studying?
MH:
My first-year room in Northampton Hall of residence, in Bunhill Row. Long demolished, and no great loss to architecture. But the views of London from the 16th floor were fabulous, and very reasonably priced!
CN: What advice would you give to others looking to follow in your footsteps?
MH:
Work hard, be nice and realise when you’ve been lucky.
Thanks to Mike for sharing his story and for all the inspirational work he is doing to solve social problems!
Read the interviews with this year's other awardees
On Thursday 1 August 2024, City, University of London and St George’s, University of London merged to become City St George’s, University of London. Read more about the merger agreement.