Cabinet Office funds 80 technology social ventures

Bethnal Green Ventures will receive a £1.8 million investment

Europe's first accelerator for technology-based social ventures has received support from the Cabinet Office's Social Incubator Fund.

Bethnal Green Ventures will receive a £1.8 million investment from the Cabinet Office, Nominet Trust and innovation charity Nesta to back up to 80 early stage technology start-ups tackling social and environmental problems.

The projects will be backed over the next four years, with Bethnal Green Ventures offering £15,000 to 20 early stage social technology ventures per year, enabling successful applicants to concentrate full time on their start-up for twelve weeks.

During the programme the ventures will take part in workshops and receive mentoring, legal and administrative support. The ventures will be based in a newly refurbished start-up space at Nesta, Chancery Lane, central London and will also have use of Google Campus in Shoreditch, east London.

Applications for the summer 2013 programme are open on 6 March 2013 for early stage technology ventures seeking to tackle problems in health, ageing, education, employment and sustainability. Workshops will be run throughout March and April for interested applicants.

Bethnal Green Ventures has run two programmes since it launched in 2011 and has incubated twelve start-ups to date.

These include DrDoctor, a multi-platform application to improve patient bookings for hospitals; Good Gym, online tools to help people exercise while volunteering in their communities; and Mastodon C - big data specialists helping organisations use data better without using carbon intensive server farms.

Paul Miller, a partner at Bethnal Green Ventures, said, "Our aim is to provide investment and support to people who really understand social challenges so that they can build social, technology ventures to improve the lives of people."

The Cabinet Office Social Incubator Fund has invested £900,000 in the Bethnal Green Ventures programme. This has been match funded by Nesta and Nominet Trust.

Join the newsletter!

Or
Error: Please check your email address.
Rocket to Success - Your 10 Tips for Smarter ERP System Selection

Tags careersIT managementGoogleNominetCabinet Office

Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

Antony Savvas

Computerworld UK
Show Comments

Brand Post

Most Popular Reviews

Latest Articles

Resources

PCW Evaluation Team

Andrew Teoh

Brother MFC-L9570CDW Multifunction Printer

Touch screen visibility and operation was great and easy to navigate. Each menu and sub-menu was in an understandable order and category

Louise Coady

Brother MFC-L9570CDW Multifunction Printer

The printer was convenient, produced clear and vibrant images and was very easy to use

Edwina Hargreaves

WD My Cloud Home

I would recommend this device for families and small businesses who want one safe place to store all their important digital content and a way to easily share it with friends, family, business partners, or customers.

Walid Mikhael

Brother QL-820NWB Professional Label Printer

It’s easy to set up, it’s compact and quiet when printing and to top if off, the print quality is excellent. This is hands down the best printer I’ve used for printing labels.

Ben Ramsden

Sharp PN-40TC1 Huddle Board

Brainstorming, innovation, problem solving, and negotiation have all become much more productive and valuable if people can easily collaborate in real time with minimal friction.

Sarah Ieroianni

Brother QL-820NWB Professional Label Printer

The print quality also does not disappoint, it’s clear, bold, doesn’t smudge and the text is perfectly sized.

Featured Content

Product Launch Showcase

Latest Jobs

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?