Tech to Unite Us - pre-application presentation
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Social Tech Trust's Tech to Unite Us - pre-application presentation
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Tech to Unite Us - pre-application presentation
- 2. Innovate Social Tech: Tech to unite us ABOUT SOCIAL TECH TRUST
- 3. ABOUT SOCIAL TECH TRUST Innovate Social Tech: Tech to unite us Our purpose is to transform lives with tech. Our vision is for a world where social transformation is the driving force behind tech. Our experience shows that when social transformation is the driving force behind tech, it has the greatest potential to improve lives. We’ll achieve our vision by leading, enabling and investing.
- 4. Our Background Innovate Social Tech: Tech to unite us Established as the Corporate Foundation of Nominet in 2008, Nominet Trust’s work has benefitted over 10 million people during the last 10 years. We’ve supported over 750 socially motivated tech initiatives in the UK, providing more than £31m of funding. This year we became an independent foundation and formed a new strategic partnership with Social Investment Business. Now known as Social Tech Trust, we continue to provide grant funding and support to ventures using tech to transform lives.
- 5. OUR HISTORY Innovate Social Tech: Tech to unite us 2008 Nominet Trust 2018 Social Tech Trust LEADING SOCIAL TECH ENABLING SOCIAL TECH INNOVATION INVESTING TO SCALE SOCIAL TECH First grants to charities Support for early- stage tech ventures Start providing follow-on growth funding Founding partner in Bethnal Green Ventures Launch £1m iAMDigital w/ Creative England Founding partner in £15m Fair by Design Venture Fund w/ BSC and JRF Support social entrepreneurs w/ UnLtd Design Challenge w/ Design Council Tech for Good Challenge w/ Big Issue Invest Launch Innovate Social Tech Ecosystem building w/ Shift 1st NT100 celebrating social tech globally Ecosystem research w/ ADP, Aleron & M-ITI --- a decade of helping social tech to thrive ---- ABOUT SOCIAL TECH TRUST Strategic partnership w/ SIB
- 6. LEADING A CONVERSATION Innovate Social Tech: Tech to unite us ABOUT SOCIAL TECH TRUST [Social Tech Trust]’s work over the last five years is incredibly important. It shows the positive value of tech by bringing together industry, government, civil society and the private sector to help society overcome its problems. Matthew Gould, Director General for Digital and Media Policy. “
- 7. ENABLING INNOVATION Innovate Social Tech: Tech to unite us ABOUT SOCIAL TECH TRUST
- 8. INVESTING TO SCALE Innovate Social Tech: Tech to unite us We're proud to have [Social Tech Trust] as a founding partner. Over the past 5 years we've supported nearly 100 #techforgood ventures using technology to have a positive impact on millions of lives.” Bethnal Green Ventures “ ABOUT SOCIAL TECH TRUST
- 9. Innovate Social Tech: Tech to unite us ABOUT INNOVATE SOCIAL TECH: TECH TO UNITE US
- 10. INNOVATE SOCIAL TECH Innovate Social Tech: Tech to unite us Innovate Social Tech is a new grant programme from Social Tech Trust that supports innovative early-stage ventures to transform lives with tech. •Builds on a decade of pioneering grant funding •Grant funding and flexible support for early- stage innovation •Bespoke technical assistance We think [Social Tech Trust] is an amazing grant funder because they give innovators the freedom to fail and the agency to succeed. That takes courage and vision and we are lucky to have benefited from both. MOMO “ ABOUT INNOVATE SOCIAL TECH: TECH TO UNITE US
- 11. TECH TO UNITE US Innovate Social Tech: Tech to unite us Tech to Unite Us is our inaugural £0.5m grant fund of our Innovate Social Tech programme. It aims to demonstrate how tech can reach its transformative potential when it’s driven by one of the greatest opportunities of our time - equality. ABOUT INNOVATE SOCIAL TECH: TECH TO UNITE US
- 12. WHO SHOULD APPLY? Innovate Social Tech: Tech to unite us Talented teams developing innovative ventures that are at an early–stage with: •Potential for transformative social impact at scale •Ambition for growth and sustainability •Using tech to bring us together and promote equality ABOUT INNOVATE SOCIAL TECH: TECH TO UNITE US
- 13. Innovate Social Tech: Tech to unite us We encourage your interpretation of the theme, so if you’re using tech to increase access, opportunity or quality of outcomes in terms of wealth, health, education, political participation, community engagement or social justice - and you meet the criteria - you should apply! ABOUT INNOVATE SOCIAL TECH: TECH TO UNITE US
- 14. OPEN UTILITY Innovate Social Tech: Tech to unite us “Democratising power” Piclo: peer-2-peer platform with potential to allow us to trade renewable energy with one another. [Social Tech Trust] believed in us and our mission from a very early stage. Their funding and support were very important in shaping the company we've built today. They helped build our profile and introduce us to key members of their network which accelerated our growth. James Johnston, Founder “
- 15. BIG WHITE WALL Innovate Social Tech: Tech to unite us Using digital to disrupt how we deliver mental health services. Big White Wall offers a low cost, easier access way of getting peer and professional support for mental health challenges. [Social Tech Trust] funding has enabled Big White Wall to tailor its service to the local NHS and the people who are using it. Jen Hyatt, Founder “
- 16. OPENUP MUSIC Innovate Social Tech: Tech to unite us OpenUp Music works with disabled young people to develop digital musical instruments that can be played in real-time using any part of the body, including the eyes. More and more young disabled people are realising their independence through music and technology, showing both their schools and their parents that they can achieve and aspire to more in life. Doug Bott, Musical Director “
- 17. ELIGIBILITY CRITERIA Innovate Social Tech: Tech to unite us Potential for transformative social impact at scale Innovative approach Evidence of potential for user, social and financial value Working product or service Right teamSocial mission UK- registered; potential for social impact in UK ABOUT INNOVATE SOCIAL TECH: TECH TO UNITE US
- 18. WHAT WE’RE OFFERING Innovate Social Tech: Tech to unite us ABOUT INNOVATE SOCIAL TECH: TECH TO UNITE US • Up to £45k grant with participation rights – budget based on need • Technical assistance – e.g. legal and business support, social impact reporting, marketing and communications. • Access to our support network – including alumni and investors • Personal, flexible approach from the Social Tech Trust team • Support to build your case for further investment and support Developing a tech product that will change the world is no mean feat. The amazing support of [Social Tech Trust] allowed us to create a great, user-centric product and to establish strong partnerships with educators and schools. EduKit “
- 19. Invest: up to 10 ventures Shortlist Stage 2 Stage 1 TIMELINE AND PROCESS Innovate Social Tech: Tech to unite us STAGE 1 APPLICATIONS OPEN 2 JULY 25 JULY STAGE 1 APPLICATIONS CLOSE STAGE 2 APPLICATIONS OPEN 6 AUGUST STAGE 2 APPLICATIONS CLOSE 29 AUGUST CLARIFICATIONS SEPTEMBER INVESTMENT DECISIONS OCTOBER ABOUT INNOVATE SOCIAL TECH: TECH TO UNITE US
- 20. Innovate Social Tech: Tech to unite us QUESTIONS
Editor's Notes
- The internet has revolutionised our world. Social Tech Trust exists to ensure that the ongoing tech revolution delivers positive and equitable social impact: that when our lives are transformed by tech, they are transformed for the better. Tech can open up opportunities previously out of reach, creating inspirational change. Our experience shows that when social transformation is the driving force behind tech, it has the greatest potential to improve lives. This is why we want a world where people’s needs inform and shape tech from the outset, to deliver the best return for everyone. We identify where tech has the greatest potential to transform lives, then back people and organisations to demonstrate what’s possible. Building on this knowledge, we seek out and join forces with others to create a supportive environment for those striving to realise the full promise of socially motivated tech.
- Innovate Social Tech builds on a decade of pioneering grant funding, nurturing social tech ventures to realise their potential in a supportive ecosystem.
- Last year we celebrated 5 years of the NT100, our global celebration of socially transformative tech, which shines a spotlight on the people and organisations using digital technology to change the world for the better. The NT100 is hosted on a website called the Social Tech Guide, which actually holds descriptions of over 1500 social tech ventures from around the world. To celebrate the 5th anniversary of the NT100 we published insights on past and future trends in socially-transformative tech, called- Transforming lives with tech: a global conversation. We also have been hosting a podcast series called Our Lives + Tech, which askes: “In a world that is advancing faster than ever before, how can we ensure that tech is used as a force for good? How can we guarantee that developments in tech such as artificial intelligence, augmented reality and blockchain, are inspired by social need? Host Adah Parris speaks with experts and activists each week to ask those all-important questions – and to share amazing stories of people using tech to change the world for the better.
- To date we have invested in over 750 innovative social tech initiatives including Open Bionics, creators of the bionic Hero Arm; GiveVision that specialises in life-changing vision technology and Alice – bringing a new kind of transparency and trust to the charity sector using blockchain.
- Innovate Social Tech is a new grant programme from Social Tech Trust that supports innovative ventures to transform lives with tech. Innovate Social Tech builds on a decade of pioneering grant funding, nurturing social tech ventures to realise their potential in a supportive ecosystem. At Social Tech Trust, we recognise the game changing potential of grant funding and flexible support for early-stage innovation, enabling ventures to grow and attract further investment and scale their social impact. We offer bespoke technical assistance alongside all of our grant funding, delivered by a team with extensive experience in the area - and great networks too.
- “Tech to Unite Us” is part of Social Tech Trust’s Innovate Social Tech grant funding programme. It aims to demonstrate how tech can reach its transformative potential when it’s driven by one of the greatest opportunities of our time - equality. We live in a unique moment in history: tech has made us more connected than ever; yet in other ways we are profoundly divided. We are at a juncture: if things continue as they are, the benefits that tech can deliver will accrue only to some, and the rest of us will be left further behind. That future is unacceptable to almost everyone. But this makes the moment ripe with opportunity to forge a shared future that makes tech work for everyone. This is a call for radical new approaches that shift the balance of power to people and communities who want to challenge an unequal status quo. Tech is increasingly called upon to drive these shifts . . . but more radical and powerful still, is to look to people and communities to drive tech to unite us.
- We’re divided by wealth: not only because 1% of us have 82% of the wealth - but because some of us have the power to create, own and share value that many of us do not. Open Utility is democratising this power, quite literally. Piclo, their peer-2-peer platform has the potential to allow us to trade renewable energy with one another.
- We’re divided by where we live: depending on your post-code, your opportunities and outcomes can vary dramatically. For example, having access to quality mental health services in your community. But no matter where you live, you can access Big White Wall to find mental health support and an online community that cares. This is a social network with social purpose built into its core.
- We’re even divided by our physical abilities. Society disables people with non-accommodating infrastructure and unsuitable alternatives. OpenUp Music uses imaginative tech to enable any young musician - regardless of physical capability - to create beautiful music with inclusive youth orchestras.
- 1. A social mission You should have a social mission written into your organisation’s governance or be open to do so in order to be eligible for funding. We want your venture to be sustainable but to also maintain a social focus throughout. 2. Potential for transformative social impact at scale Your team is working towards an ambitious vision of transformational social change, driving your venture to achieve it. Your team has a deep understanding of the social challenge, who is affected and how. The social challenge that drives your venture is recognised as critical (for example, through the Global Goals or UK government and civil society priorities). Your venture is addressing the root causes of the challenge or transforming the current approach to it. You understand where your venture fits into complex systems and markets, including the importance of context, unintended consequences, and feedback loops. Your venture’s ambition is to scale - reaching as many people as possible, maximising your social impact. You have plans to access further funding and investment to facilitate growth alongside this grant. You can accept a grant with participation rights. 3. An innovative approach Your desire for social transformation is driving new technological approaches to a social challenge. Your approach is different from (or building upon) existing work in this area - this could be through a creative business model, by harnessing emerging tech, or using existing tech in a new and transformative way. You know who your competitors and collaborators are. There may even be an opportunity for your venture to influence the development of the tech that you’re using so that social value becomes deeply embedded in its design going forward. 4. A working product or service; in the “demonstration stage” of your venture’s evolution Your team has a working product or service that you will still be testing and improving through continued user testing and increasingly rigorous social impact evaluation. If you are still at a concept or paper prototype phase, or if you have an established product or service that has already received significant investment and is self-sustaining , then your venture is not at the right stage for Innovate Social Tech. 5. Evidence of your potential to create user, social and financial value User Value - Your venture has validated demand: evidence that people want, and are able to use your product (either intermediary or end users).You will be improving your product with input from selected users gathered through observation, analytics, baseline survey, feedback, etc. Social Value - you have identified some indicators that will enable you to measure and communicate the social impact of your product. You have a theory of change that you can start testing. Financial Value - you can articulate a clear and testable Business Model hypothesis- including a clear value proposition. You have prospective partnerships or routes to market. You are exploring possibilities for additional funding (e.g. grants, crowdfunding, angel investment, etc.). 6. The right team Your venture has a core team with the skills (including in-house tech - a must for Tech to Unite Us), capacity to deliver, values and commitment necessary to achieve your vision. You are growing your network of partners and advisors. 7. Registration as a UK-based organisation and the potential for social impact in the UK Your venture is (or is part of) a registered (company, social enterprise, charity, local authority, cooperative) in the UK. Your venture has the potential for social impact in the UK, even if your current programmes or users are outside of the UK.
- Up to £45k, which will be made as a grant with participation rights – see website FAQs for more information. Technical assistance to support your growth, sustainability and capacity for transformative innovation, e.g. legal and business support, social impact measurement and reporting, marketing and communications. Access to our extensive support networks, including mentors and investors. A personal approach from the Social Tech Trust team – one that recognises the importance of flexibility for early-stage innovation. Support to build your case for further investment.
- Stage 1 applications for Tech to Unite Us will open at midday on Monday 2nd July and close at midday on Wednesday 25th July. Our Stage 1 online application form is designed to focus on sharing essential information and takes only a few hours to complete. The core of the application is your explanation of the issue, innovation, tech, users and your team. Your 90 second video link provides a chance for your team to pitch, so we can start to get to know you. We are hosting two pre-application webinars to answer any questions you may have about applying for Tech to Unite Us. Invitations to apply at Stage 2 will be made on Monday 6th August. If you’re invited to submit a Stage 2 application, you will have over three weeks to provide more depth to your application and submit a project plan and budget by Wednesday 29th August. Our team will then work with shortlisted applicants during September to clarify any questions and to improve our understanding of your venture. Investment decisions will be announced in October.