open inno
DESCRIPTION
TRANSCRIPT
www.nominettrust.org.uk
Webchat: Open InnovationFebruary, 2012
Dan Sutch [email protected] @dansutch @nominettrust
To seek out, galvanise and support new, effective and
widely adopted solutions that transform how we address big social challenges through the
use of digital technology.
• Social investments and grants of c£5m 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
Research and Insight
OPEN INNOVATIONRedesigning how we address persistent social challenges
http://en.wikipedia.org/wiki/File:Transistor_Count_and_Moore%27s_Law_-_2011.svg
Many examples of significant tech-driven/tech-enabled
changes – where for social-tech?
It’s not just a lack of space suits...
The use of digital technology provides remarkable opportunities to redesign how we address persistent social challenges
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...)
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
That’s the need Open Innovation is looking to address
The successful application of new ideas generated at the intersection of insight and invention, which leads to the creation of social or economic value
Insight understanding the context, histories and work of others
Invention finding and developing the best ideas
Application putting ideas into practice
Value capturing outcomes, impact and learning
Social Innovation
What you need
•Tested team with an idea, or an idea that has already (in some way) been tested
• Previous seed funding; 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
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
•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
Open Innovation description
http://www.nominettrust.org.uk/how-to-apply/areas-investment/open-innovation
How to apply
http://www.nominettrust.org.uk/how-to-apply/areas-investment/open-innovation
Application deadlines
http://www.nominettrust.org.uk/how-to-apply/application-deadlines
FAQs
http://www.nominettrust.org.uk/faq/how-apply
Useful linksMore descriptions of our Open Innovation programme, links to ‘how to apply’ and some further background info.
Dan Sutch [email protected] @dansutch @nominettrust