Innovation in Giving Fund makes nearly £1.5m of awards

Fifteen organisations benefit from scheme administered by Nesta, including Blue Dot, Buzzbnk and the Good Gym

Buzzbnk
Buzzbnk

A government fund to support new ways of increasing voluntary giving and volunteering has made £1.38m of awards to 15 organisations.

The £10m Innovation in Giving Fund, administered by the National Endowment for Science, Technology and the Arts on behalf of the Cabinet Office, has made grants worth between £47,000 and £150,000 to 15 organisations, including charities, social enterprises and for-profit businesses with a social mission.

Examples include Blue Dot, which allows people to claim rewards in exchange for supporting charities, Buzzbnk, an online crowd-funding platform that allows many people to provide small donations to fund projects, and the Good Gym, which connects people who want to get fit with physical tasks that need to be done.

The Innovation in Giving Fund was launched in September last year, together with the Social Action Fund, as part of a £34m package to increase volunteering and giving.

The giving fund received more than 400 applications for funding, of which 62 were shortlisted to pitch their ideas to a selection panel.

"Further investment announcements are expected to be made over the next few weeks as the pitching process continues," said a Nesta spokesman. "It is expected that a second funding round will be made in the spring."

Before commenting please read our rules for commenting on articles.

If you see a comment you find offensive, you can flag it as inappropriate. In the top right-hand corner of an individual comment, you will see 'flag as inappropriate'. Clicking this prompts us to review the comment. For further information see our rules for commenting on articles.

comments powered by Disqus
Follow us on:
  • Facebook
  • LinkedIn
  • Twitter
  • Google +

Latest Jobs

Forthcoming Events

VAT and Gift Aid for Fundraisers

  • Wed 22 Oct 2014
  • London

High Impact: Improve Your Charity's Performance

  • Thu 23 Oct 2014
  • London

The Funding Landscape 2014

  • Thu 23 Oct 2014
  • York
RSS Feed

Third Sector Insight

Sponsored webcasts, surveys and expert reports from Third Sector partners

Markel

Expert Hub

Advice on risk from a specialist insurer

How to reduce theft at your charity

Maximising security on your premises, using deterrents such as SmartWater and ensuring computer systems are secure can all prevent a theft occuring, says Wendy Cotton, a charity insurance expert at Markel

Renting a property: how to minimise the risks

Managing the risks that come with renting a property can make the difference between a charity thriving or failing