£50k funding for Social Impact projects
- 13 Sep
The Young Foundation are offering £50,000 of support towards ventures aiming to achieve social impact.
The Young Foundation offer support in way of a 4 month course with tutoring, coaching and facilitation. You will be mentored through the course and helped by a practice leader from the Young Foundation team in your chosen area education / employability, health or housing.
The course offers to deliver a flexible programme with learning spread over a 4 month period, during which you receive tutoring, coaching and facilitation worth £50,000, opportunities to formally pitch your venture to social investor, and networking sessions
To be accepted for the funding you must:
- Focus on changing lives for the better
- Target customer groups who are inadequately served
- Operate a robust, sustainable business model
- Have the potential to grow and broaden their social impact
- Are thinking about routes to financial independence
Application submission: Sunday 16th September - First phase closing date / Friday 28th September Final phase closing date
Interviews: W/c 8th October Applicant interviews
Read more about it at http://www.growingsocialventures.org/
The Young Foundation has pioneered the field of social innovation over the past 50 years and has been able to bring about some extraordinary improvements to society through initiatives like The Open University, UpRising and Studio Schools and we are helping to scale a number of exciting initiatives which have huge potential, such as Spice, Enabling Enterprise, Start Again and Care 4 Care.
In February 2011 The Young Foundation was commissioned by NESTA to explore the breadth of support available to social ventures wishing to scale. This policy paper entitled 'Growing Social Ventures - The role of Social Venture intermediaries - what they are and what they could become', was the first comprehensive survey of the state of the institutions that support a dynamic and emerging sector of social ventures.
In November 2011, we were commissioned, alongside Boston Consulting Group, by Big Society Capital to research the social investment market in England. 'Lighting the touchpaper: Growing the Market for Social Investment in England', was to provide the first independent, comprehensive survey of the emerging social investment industry. In particular, until now there has been a lack of quantitative data and analysis on the size of the market, how it operates, the types of investment being made and the returns that may be realised
Related articles
- 10 Mar
THE STATUS OF THE SOCIAL CARE SECTOR REQUIRES IMPROVEMENTs
It was also found that the social care sector has the following characteristics:Social care seems like an adjunct to the NHS instead of being an important service in its own right. While the...
- 29 Apr
Scottish Welfare Fund grants see a 13% rise in applications
Data from the Scottish Government has shown that the number of applications to councils under the Scottish Welfare Fund has increased by 13% in just the last year, reports The Courier.Over the most...
- 16 Jan
Local welfare assistance funds held back by councils
The Centre for Responsible Credit using Freedom of Information requests carried out a study which found that 127 local authorities spent 52.8% of their £148.5m sharing of the local welfare...
- 13 Jan
Landlord scheme has saved the NHS thousands of pounds
The groups - Oldham Council, Oldham Clinical Commissioning Group (CCG) and Oldham Housing Investment Partnership - consist of 10 social landlords who co-invested in the ‘Warm Homes Oldham'...
- 05 Jan
Calls for NHS funding
Stevens also called for an end to the ‘boom-bust' approach. Stevens told the Financial Times he hoped for more annual funding in addition to the £2bn lifeline that the Chancellor, George Osborne,...
- 30 Dec
New Fundraising Campaign Launched by Hospital Charity
The campaign encourages its supporters to partake in its ‘Every £1 Counts' fundraiser by making a donation and sharing a ‘pound selfie' on Facebook and Twitter throughout January.The charity are...
- 08 Dec
Home care sector facing crisis due to workers’ wages
A study by contractor Mears and the Local Government Information Unit have reported that councils should ensure they pay providers to enable them to pay ‘at least' minimum wage salaries.Liberal...
- 06 Oct
Supported housing service for women and their children has received funding for community garden
Endeavour Housing Associaiton's Rainham House temporary accommodation service has been awarded funding for their Roots and Shoots garden project. Working in partnership with community allotment...
- 03 Oct
Social landlords urged to make do without grants
Speaking to Inside Housing at the Conservative Party conference this week, Mr Lewis said: "If housing associations want to survive without government funding, that's a good thing."He said it would...
- 02 Oct
Supporting People budget cut by £10m by the Welsh government
A draft budget shows the government announcing plans to cut the budget for Supporting People from £134.4m in 2014/15 to £124.4m in 2015/16 which is a drop of 7.4%, reports Inside Housing.Despite...
The Welfare Reform Act: Universal Credit, Sheltered and Supported Housing The content was concise and to the point. The content was relevant to our service, and gave us a better us a better indication of were stand with upcoming changes. Rosie Kaur - Panahghar
