Nesta’s mission:
Bringing great ideas to life and crea0ng the condi0ons where innova0on can flourish
Backing innova&on for the common good through investment, research,
programmes, networks and skills
Investment Strategy Involves: Venture por<olio with successful exits, backing accelerators and impact fund
VENTURE INVESTING
CATALYSING START UP SUPPORT
IMPACT INVESTMENT FUND
SUPPORTING A DEVELOPING MARKET
RESOURCE EFFICIENCY, AGEING, EDUCATION
SVI FUND
BIG SOCIETY FINANCE FUND
BIG SOCIETY FINANCE FUND
RESEARCH & POLICY RECOMMENDATIONS
Policy & Research: Economics of innova0on, innova0on policy, evidence, data, global innova0on prac0ce
INNOVATION AND ECONOMIC GROWTH
INNOVATIO
N AND
ECONOMIC
GRO
WTH
EXPERIMENTS IN INNOVATION POLICY
START-‐UPS, ACCELERATION AND ENTREPRENEURSHIP
HOW TO MAKE INNOVATION
POLICY
RESEARCH FOR NESTA’S PRACTICAL PROGRAMMES:
AGEING, JOBS, SOCIAL ACTION, HYPER-‐LOCAL
MEDIA
DIGITAL SOCIAL INNOVATION: EU
PROJECT
EVIDENCE AND EXPERIMENT IN
POLICY ASSET BRITAIN:
ANALYSING SOCIAL INNOVATION
COLLECTIVE INTELLIGENCE,
ANALYTICS & BIG DATA COLLECTIVE
INTELLIGENCE, ANALYTICS & BIG
DATA
HOT TOPICS AND FUTURE TECHNOLOGIES
People powered health
5
InnovaQon Lab: backing projects and ventures
INNOVATION IN LOCAL SERVICES GIVING AND SOCIAL ACTION
HEALTH AND AGEING WELL DIGITAL PUBLIC SERVICES
UK Crea(ve Industries
Skills Digital InnovaQon
Wider Crea(ve Economy
CreaQve InnovaQon in other sectors
Innova0on Vouchers
6
INTERNATIONAL DEVELOPMENT
SOCIAL INNOVATION,
PUBLIC SERVICES
SPECIFIC INSIGHTS
CUSTOMISED TRAINING
Open innovaQon, innovaQon policy,
experimental methods
Prizes, crowd-‐funding and sourcing, accelerators
CONNECTING WITH INNOVATION
COMMUNITIES AND PARTNERS
7
FREE LEARNING MATERIALS AND TOOLS
A few examples:
Prizes …
9
Accelerator programmes
To date: • 137 programs world-‐wide • 2038 companies accelerated • 101 exits for $ 1,123,908,100 • $ 1,535,267,341 funding • 4864 jobs created
(courtesy of www.seed-‐db.com)
Innova0on and Jobs
Unemployment remains stubbornly high… Par0cularly for young people…
Challenges remain for most groups…
And in specific regions…
The current approaches to tackling worklessness are complex – and patchy in impact
CreaQng & shaping new markets
mobilising capital (e.g. complementary currencies), suppor0ng growth sectors and new markets (e.g. developing the green
economy)
SupporQng entrepreneurship &
enterprise business services (e.g. start-‐
up support), business incuba0on, funding and
training for self-‐employment
Intermediaries that improve matching employer pooling, web-‐
pla<orms for flexible working (e.g. task-‐matching sites), new approaches to careers advice, individualised job-‐
matching services
21st century employability
new approaches to employment support (e.g. career coaching, resilience-‐building), pla<orms to
showcase skills and build professional networks
Blurring work & learning bringing work into the classroom (e.g. business mentoring in schools), temporary jobs and
supported job opportuni0es (e.g. appren0ceships and
traineeships)
Jobs Innovators
www.nesta.org.uk/makingitwork
Our work
• Prac0cal support to spread some of the most exci0ng innova0ons
• Building our partnership with ci0es
• Developing a learning network and sharing evidence on ‘what works’