Announced in the recent ‘Giving’ White Paper, Nick Hurd the charities minister has just announced that a new £10m Innovation in Giving Fund is now open. The Fund will be operated by Nesta and is currently calling for ideas — an open, public call which closes at noon on the 14th October 2011.
Interestingly, as well as being open to civil society, social enterprise and not-for-profit applicants, the Fund is also open to businesses — as long as they can demonstrate that the innovations they wish to develop will deliver demonstrable public benefit.
The purpose of the fund is to encourage new ways to facilitate ‘giving’, whether of cash, time, voluntary effort or other public good and includes the use of technical, mobile, online and other methods. Applicants will have to submit a short video clip in support of their application. The government expects awards to be in the region of £100,00-£200,000.
This is a pretty specialised fund but it would be great to see a successful applicant from Birmingham. Is anyone going to try?
Third Sector Online covers the story here.