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Follow us: @InnovationBank
Hashtag for workshops: #BBSIB2012
The process?
                       Stage 1                Stage 2
Expressions                                   Deadline
                       Deadline
 of Interest                                  21/12/12
                       07/09/12




           Workshops                Stage 2              BSIB 2012
                                  Commences               Winners
                                   05/10/12              Announced
                                                          February
                                                           2013
Feedback
Great ideas!
Scalability – how could the vision become a
reality?
Writing a business case – how do you identify the
key milestones and targets?
Budget – how will the projects continue after the
funding has finished?
Frequently Asked Questions
HEALTH CHECKS
• A diagnostic toolkit - helps keep your organisation in good
  shape
• Spot problems quickly & identify strengths & weakness
• Self-assessment process & plan of action
• Covers key organisational areas
• Encourages & promotes a culture of continuous
  improvements
• Can help towards achieving quality standards
• Applicable to most organisations
Where can I obtain alternative funding?

• Funding Central: comprehensive database of funding & finance
  opportunities. Requires free registration. www.fundingcentral.org.uk
• Home office funding website: provides details of non-Home Office
  funding streams - www.homeoffice.gov.uk/crime/partnerships/070-
  other-funding-streams/
• Department for Education voluntary and community sector grant
  funding program to improve outcomes for children, young people
  and families. http://www.education.gov.uk/a00216108/vcs-funding
• Fit4funding: monthly funding e-newsletter of latest funding
  opportunities. www.fit4funding.org.uk
• London Councils grants and ESF programs.
  www.londoncouncils.gov.uk/services/grants
…….Where can I obtain alternative funding?


•   Big Lottery Advice Services Transition Fund: for advice services
    affected by cuts to service budgets:
    http://www.biglotteryfund.org.uk/prog_advice_services_transition_fu
    nd.htm?regioncode=-uk
• Social Enterprise Investment Fund, Department of Health Yearly
    cycle of grant funding to support social enterprises deliver innovative health
    and social care services and products, and to help social enterprises to
    become sustainable. Next programme in 2013. Managed by the Social
    Investment Businesshttp://www.sibgroup.org.uk/our-funds/seif/
Start

Start with why
Build with a compelling vision
Develop a clear value proposition
         Goods and Services               Benefits
      e.g.,                      e.g.,
      Buildings and facilities   Cheaper
      Training and coaching      Better
      Clubs and membership       Newer
      organisations              More beautiful
                                 More tailored
                                 More accessible
                                 More trusted and reliable
Say clearly and succinctly what you
want to do

 • Organise the world's information and make
   it universally accessible and useful
 • Build a restaurant that uses the magic of
   food to give unemployed young people a
   chance to have a better future
 • Enrich people's lives with programmes and
   services that inform, educate and entertain
 • “Jaws in space”
Developing your proposal
Value citizen and user insight
Develop a clear plan with
milestones and outputs
Develop intelligent measures of
success

• The orchestra and the standing ovation


• Apple and net promoter score
Design for sustainability



             State          Market




                             Grant
            Household
                            Economy
Build a coalition of support to grow
 and scale your work
structured
processes of
engagement     ‘user’ groups
                 and local
                  citizens

                  local
               enthusiasts
               volunteers
               and experts




                                                                 system           facilitated
                Community                                      conditions,      communities of
                of practice     Community      Community         levers,           practice,
                 incubating    of engagement    of interest   regulation for   engagement and
                prototyping                                    scaling and         interest
                                                                diffusion
Push your idea to
  be radically
  efficient

Patient hotels
New perspectives on challenges



         NEW          NEW
       INSIGHTS    CUSTOMERS



         NEW          NEW
       SUPPLIERS   RESOURCES




  New perspectives on solutions
Summary
Feedback and FAQs
Healthcheck and alternative sources of
funding
Your idea
Building a viable business case
Scalability

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November 2012 Workshops

  • 1.
  • 2. Follow us: @InnovationBank Hashtag for workshops: #BBSIB2012
  • 3. The process? Stage 1 Stage 2 Expressions Deadline Deadline of Interest 21/12/12 07/09/12 Workshops Stage 2 BSIB 2012 Commences Winners 05/10/12 Announced February 2013
  • 4. Feedback Great ideas! Scalability – how could the vision become a reality? Writing a business case – how do you identify the key milestones and targets? Budget – how will the projects continue after the funding has finished?
  • 6. HEALTH CHECKS • A diagnostic toolkit - helps keep your organisation in good shape • Spot problems quickly & identify strengths & weakness • Self-assessment process & plan of action • Covers key organisational areas • Encourages & promotes a culture of continuous improvements • Can help towards achieving quality standards • Applicable to most organisations
  • 7. Where can I obtain alternative funding? • Funding Central: comprehensive database of funding & finance opportunities. Requires free registration. www.fundingcentral.org.uk • Home office funding website: provides details of non-Home Office funding streams - www.homeoffice.gov.uk/crime/partnerships/070- other-funding-streams/ • Department for Education voluntary and community sector grant funding program to improve outcomes for children, young people and families. http://www.education.gov.uk/a00216108/vcs-funding • Fit4funding: monthly funding e-newsletter of latest funding opportunities. www.fit4funding.org.uk • London Councils grants and ESF programs. www.londoncouncils.gov.uk/services/grants
  • 8. …….Where can I obtain alternative funding? • Big Lottery Advice Services Transition Fund: for advice services affected by cuts to service budgets: http://www.biglotteryfund.org.uk/prog_advice_services_transition_fu nd.htm?regioncode=-uk • Social Enterprise Investment Fund, Department of Health Yearly cycle of grant funding to support social enterprises deliver innovative health and social care services and products, and to help social enterprises to become sustainable. Next programme in 2013. Managed by the Social Investment Businesshttp://www.sibgroup.org.uk/our-funds/seif/
  • 10. Build with a compelling vision
  • 11. Develop a clear value proposition Goods and Services Benefits e.g., e.g., Buildings and facilities Cheaper Training and coaching Better Clubs and membership Newer organisations More beautiful More tailored More accessible More trusted and reliable
  • 12. Say clearly and succinctly what you want to do • Organise the world's information and make it universally accessible and useful • Build a restaurant that uses the magic of food to give unemployed young people a chance to have a better future • Enrich people's lives with programmes and services that inform, educate and entertain • “Jaws in space”
  • 14. Value citizen and user insight
  • 15. Develop a clear plan with milestones and outputs
  • 16. Develop intelligent measures of success • The orchestra and the standing ovation • Apple and net promoter score
  • 17. Design for sustainability State Market Grant Household Economy
  • 18. Build a coalition of support to grow and scale your work structured processes of engagement ‘user’ groups and local citizens local enthusiasts volunteers and experts system facilitated Community conditions, communities of of practice Community Community levers, practice, incubating of engagement of interest regulation for engagement and prototyping scaling and interest diffusion
  • 19. Push your idea to be radically efficient Patient hotels
  • 20. New perspectives on challenges NEW NEW INSIGHTS CUSTOMERS NEW NEW SUPPLIERS RESOURCES New perspectives on solutions
  • 21.
  • 22. Summary Feedback and FAQs Healthcheck and alternative sources of funding Your idea Building a viable business case Scalability

Notas do Editor

  1. Welcome to BSIB 2012! The Innovation Bank funded eight projects across the borough, tackling problems such reducing home and business carbon dioxide emissions; providing emergency responses to accidents; increasing youth enterprise and skills; and preventing malnutrition among older people living at home.  
  2. This year we are working alongside the Innovation Unit and CommUNITY Barnet to develop ideas for the £200,000 fund that we have available to fund innovative projects.
  3. Your ideas were among the best received.Some general feedback: Scalability – how could your idea be scaled up and rolled out across the borough. Detail – We need the detail – how will you make your vision/idea a reality?The key milestones and targets are important. How will these be identified? The council will need to track the progress of the project and will need these measurements to do this. Finally, how will the project continue after the Innovation Bank funding has finished? It is not sufficient just to say you will apply for additional funding. If this is the case, the community panel will need to have detail. Which funding streams will you apply for?
  4. Stage 2 app – sign the form and return it by postIf a group – it must be signed by 2 members of the committee or, if an individual, it must be signed by your sponsorFor groups – we will require a copy of last year’s accounts . Money – we will send you terms and conditions of the grant funding and any special conditions outlined by the community panelWe will release the money after the milestones and project plan detail has been agreed by both the council and the organisationWe can be flexible with finances and conditions. If you wish to receive the money upfront, if there is a justification for this, we will consider it. What usually happens is a staggered release of payment over the year. The schedule will be agreed by both the council and the grant recipient Expectations – we will expect regular (usually quarterly) progress reports from you and will expect a review after the funding has ceased.
  5. Where can I look for alternative sources of funding?