An overview of social innovation and The Young Foundation

1. The Young Foundation
Anna Smee
Director of Ventures
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2. The Young Foundation
The Young Foundation
brings together insight,
innovation and
entrepreneurship to meet
social needs.
We develop and support new
ideas turning them into
sustainable organisations.

3. Michael Young (1915 – 2002)
Policy maker shaped UK welfare
state
Sociologist and writer - coined
term ‘meritocracy’, pioneer of
thinking about ageing & family
Social entrepreneur – initiator
of over 60 organisations and
‘probably the world’s most
successful entrepreneur of social
enterprises’ Prof. Daniel Bell ''Few people have made such a contribution to our society
in so many different areas,'' Prime Minister Tony Blair said
in tribute. ''He was that rare combination -- not just a great
thinker but a great doer.'„ New York Times, January 2002
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4. The Young Foundation
Today the Young Foundation works across
the UK (and beyond) to effect social change
• Independent non-profit organisation without an “Westminster's institutes, centres
endowment and networks spend so much time in
greater Whitehall that their wonkish
plans interest few outside its
• Bringing together insight, innovation and borders. The Young
entrepreneurship to address social needs Foundation, however, is set apart –
both intellectually and
geographically. Housed deep in the
• Based in the UK with a truly international perspective. East End, in wonderful buildings
We have outposts in the US, France and Australia, as shared with community
well as projects in Africa and Asia. organisations, it embodies the twin
passions of the man who inspired it
– researching social ills, and then
• Three core complimentary focus areas doing something about them.”
Research (Director - Will Norman)
Advisory (Director - Nicola Bacon) The Guardian Editorial 2009
Ventures (Director – Anna Smee)
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7. Social Entrepreneur in
Residence (SEiR) model,
embedding The Young
Foundation in local partner
organisations:
• Earned income model sustaining the programme
• Increases Young Foundation reach through local partners
• Brings ideas and partners together securing income and feeds
pipeline for both organisations

8. Our SEiR Partnership
• Accelerate the adoption and diffusion
of scalable and sustainable
innovative social ventures
• Our focus is the field of health &
social care:
- Homelessness
- Older People
- Learning Disability and
- Mental Health
• Geography covers both West and
East midlands
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9. The Process
BREAKFAST ROUNDTABLE: Exploring enablers and
barriers to social innovation in housing and health
(20 attendees)
PARTNERSHIP LAUNCH EVENT:
Diffusion & Adoption of Innovation in Health &
Social Care (80+ attendees)
SOCIAL INNOVATION
LONGLIST: (75+ ideas)
New ideas that meet unmet needs
SOCIAL Our joint criteria:
INNOVATION Credible partnerships
SHORTLIST:
(15-20 ideas)
demonstrating social
impact; innovation;
MH & YF
SELECT 4
sustainability and
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IDEAS scalability

10. Selection of Ventures/ Partnerships
1. 15-20 potential
partnerships presented
to MH/ YF of which 4
will be selected for in-
depth support over a 18+
month period
Covering:
• Homelessness
• Learning Disabilities
• Mental Health
• Older People
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11. End to end
innovation

12. Methods
The Young Foundation supports social ventures from concept
development to mainstreaming.
•Invite application and scouting
•Idea generation / ideation methods
Venturing •Sustainable ventures with
replicable / scalable model
•Prototyping workshops •Key Operational team in place
•Research and catalysing exercises •Venture support to sustainability •Earned income(order book) eg
•Reports, modelling and analysis •Stage-gated investment at least one major commission
•In depth knowledge of social needs •Fundraising and commissioning support •Follow-on investment from third
(user / community engagement) •Financial modelling parties (where needed)
•Service design •Metrics and impact measurement •Relationship support with other
•Pre-investment support •Return on Investment (ROI) reporting SVI or customer base
Concept Mainstream
•Partnership building
•Access to pro-bono support (e.g Legal)
Design ventures

13. Contact Details
Eleanor Cappell
Social Entrepreneur in Residence (SEiR) at Midland Heart
E: eleanor.cappell@youngfoundation.org
T: 0845 850 1020 ext. 6248
M: 07956 317 236
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