The document summarizes a Social Tech Seed funding program from Nominet Trust that provides up to £50k to help demonstrate the potential of early-stage ideas that use digital technology to address social challenges. The funding can be used to develop and test prototypes, and recipients will receive support through professional development programs and networking opportunities. Eligible projects should have an aspiration to create social change through technology, a tested prototype, and a commitment to evaluating their approach within a year. The goal is to help innovative ideas prove their value and potentially receive further funding to expand their work.
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Pre-app presentation spring 2015
1. Grab a cuppa and we’ll aim to start when everyone is online at 10am
Thanks for joining us...
2. www.nominettrust.org.uk
Social Tech Seed funding programme
Dan Sutch
dan.sutch@nominettrust.org.uk
@dansutch
@nominettrust
http://www.slideshare.net/Dannno/pre-app-pres-spring-2015
3. We believe that the use of
digital technology can transform
the way we address big social
challenges, so we bring
together, invest in and support
people and organisations to do
this.
• Social investments and grants of c£3m per year
• Aim to demonstrate how digital technology can be used to redesign the way we address
persistent social challenges
• Aim to support (in addition to funding) to scale the social and economic impact
• Foundation charity of Nominet – the .UK domain registry (10m+ .uk websites)
• Direct relationship with Nominet’s public purpose & strength of their membership
Our mission
9. To discover, to help demonstrate and test the potential of a new approach
that uses digital technology to address a persistent social challenge.
Social Tech Seed
Discover by bfishadow ccFlickr
11. This requires:
• Creativity and imagination for how else we might address
these issues
• Risk taking and testing of these new approaches
• Entrepreneurship and willingness
• Aspiration, persistence and tenacity
• (openness, collaboration...)
The use of digital technology provides remarkable
opportunities to redesign how we address persistent social
challenges
It’s not just a lack of space suits...
16. Redesigning our approach to social innovation
Affordances of
digital Tech
Social
Entrepreneurship
Designing from
‘first principles’
Consider together, the:
Affordances of digital technology
The values & energy of social
entrepreneurship and social business
Look again at the challenges and
redesign approaches
17. Accelerator, boot strapped, R&D, UnLTd
Innovate UK,, Wayra, Healthbox , School
for Social Entrepreneurs etc
£50k grant, investment support ‘Social Tech
Seed’ – demonstrate potential
£100-150k grant – Social Tech Growth fund –
evidence and prove values
£250k plus Impact Investing
18. ‘Triple Helix’ of social tech innovation
Over 50% of our ventures are at ‘demonstrate’ stage - have a
digital prototype and are beginning to evidence social, financial
and user value to demonstrate potential
19. Put simply, this funding programme has
been developed to help demonstrate the
potential of a new approach that uses
digital technology to address a persistent
social challenge. The fund aims to help
develop and test these early-stage ideas.
Social Tech Seed
20. What we’re offering
Up to £50k investment – budget based on need
Support to develop, test and demonstrate your work
Personal/professional development links through our
Funder+ activities (£5k discretionary fund)
Links to our network of social-tech innovators
Potential further support and development if the approach
tests well (further investment, links etc)
An opportunity to build experience and a case for your idea
that can be presented for further development
NT won’t take any IP or equity in your work
21. What do you need?
Strong team with good experience of developing digital
products/services
Previous seed funding - a tested prototype
An aspiration to address a social challenge through the use
of digital technology beyond this funding
Commitment to testing and developing your approach
An understanding of how this approach is different from
existing ways of addressing the social challenge
A way of developing the product/activity within a year
22. Useful links
Social Tech, Social Change programme:
http://www.nominettrust.org.uk/how-to-apply/our-investment-
programmes-0
This presentation:
http://www.slideshare.net/Dannno/pre-app-pres-spring-2015
Open for applications 17th March 2015
Short application form More detailed form Skype call with NT team;
3 min video Infographic and plans
24. Hope it was useful – more info at www.nominettrust.org.uk
Thanks for joining us...
Editor's Notes
Sound Check;
Share what we’re trying to – purpose of funding and criteria. Quick over of NT; specific criteria for the fund and then Q&A using text.
On call from NT are... Kathy, Ed, Daniel, Charlotte...
Link to this presentation at bottom of screen, also recording for others – and will update FAQ on our site.
Part of this is commissioning relevant research, documents and publications that can inform us, partners, future applicants and others working toward similar aims
Working in partnership
Developing programmes of funding/investment
Over 300 organisations
Discovery stage
Starting point for this is that there are already lots of examples of how digi tech have changed the way we communicate, buy and sell etc
Potential of digi tech –if we were to design how you access information now, knowing how much comp power you have in your pocket; design learning interactions; ways of reducing social isolation etc etc, perhaps we would do it differently.
Moore’s law – tech to get into space! – with this growth – how would wWhe begin to design what social care, education, addressing poverty, environmental action could look like in 5 years time?
What sort of action would you like to see in 5 years time – let’s start testing and developing it now.
We can expect Moore’s law to continue – so EXPLORE if you have a super computer in your pocket, sensor devices in your hand and environment how would you address social challenges? OR, another way of looking at this (William Gibson, future’s already here its just not evenly distributed) – if we imagine more people have current smartphones, internet access, tablets etc – how would we design approaches?
£500 tablet will cost under £100 in 4 years
.. . But this isn’t easy.
What links all of these different approaches is where they start – the centre of this venn diagram Properties of technology – ways in which they can be used...