We know from experience that by working with others to leverage shared skills, insight and capital, we can make a greater impact. We have a growing network of partners and are working together to enable socially motivated tech ventures to grow. Read on to hear about just some of the initiatives we’ve invested in.
Fair by Design
In 2017 we invested £1m in Fair by Design – a new fund which aims to raise up to £20m to end the poverty premium within the next 10 years. In partnership with the Joseph Rowntree Foundation, Big Society Capital, Ascension Ventures, Finance Birmingham and Wayra UK, the Fair By Design Fund will invest in companies working across areas including energy, finance, insurance and digital exclusion, seeking loans and equity funding from Seed through to Series A and beyond.
Bethnal Green Ventures
We’re a founding partner in Bethnal Green Ventures (BGV), Europe’s first impact investment start-up accelerator. Since its launch in March 2012, BGV’s accelerator programme has invested £1.4 million in 86 start-ups using technology to take on major social and environmental problems.
In 2015, we invested in CAST – Centre for the Acceleration of Social Technology – to help funders, nonprofits, businesses and government put digital at the heart of their service delivery and drive organisational change.
We’ve partnered with Creative England on shared initiatives since 2014. Our £1 million iAMDigital Fund launched in 2016 and is helping the Government to tackle the UK’s digital skills gap by investing in new and established SMEs working to address this challenge.
In 2015 we began our three year partnership with Shift, exploring and developing tech solutions that benefit the wellbeing and mental health of children and families living in poverty.