Solution Manual for Financial Accounting, 11th Edition by Robert Libby, Patri...
Open venturning gen-august
1. THE FUTURE IS OPEN
OPEN VENTURE ACCELERATOR
Launchpad
powered by
O
L
S
2. We believe the next generation
of Impact Start ups will seek
to combine the attributes of
“open source venturing” with
“social” as method of
operating in the world +“long ”
in terms of financing - a
transparency and structure to
unleash positive material
impact at scale.
UNREGULATED
PRIVATE
ENTERPRISE
PRIVATE ENTERPRISE
REGULATED BY PUBLIC
SELF REGULATING
FUTURE OF OPEN
VENTURING
PUBLIC UNABLE TO
REGULATE PRIVATE
ENTERPRISE
The Future is OPEN
principles
BETAVersion 1.1 - July 2013
3
O
S
L
OPEN
behaviour
SOCIAL
structure
LONG
PUBLIC REGULATE SOCIAL
ENTERPRISE
3. Since 2005, we have been building a global platform
for change. Hub Islington launched in 2005 and
since then the global Hub network of 6000 socially
driven startups has emerged across 5 continents in
38 locations. In 2011, Hub Westminster was
launched to scale impact, developing 12,000 sq ft of
space with learning and investment structures.
More recently, an increasing number of open
domains have been maturing and developing. From
the more established open domains of open source
programming such as GitHub to OpenGov in open
data and the WikiHouse for open source
construction.
The time is right
for an
Open Venture
Movement
BETAVersion 1.1 - July 2013
2005
Open Data
Open
Platform
Open
Domains
2008
2009
2011
2013
Open Source
Construction
OPEN VENTURE
MOVEMENT
OPEN
DATA.GOV.UK Beta
Opening up Government
Open Source
Code
GitHub
The time is right...
A decentralised
global peer network
of HUBs in 38
locations across 6
continents
LKX LWE
LIS
SFO
AMS
STO
JNB
DXB
MEL
TLV
SIN
BRI
BGO
BRU BUH
HEL
CPH
MAD
MIL
PRG
RTM
ROM
ROV
SIR
TMP
VIE
ZRH
HFX
LAX
OAX
BHO
CBA
SPO
OTW
BKY
SEA
ASIA
NORTH
AMERICA
EUROPE
AUSTRALIAAFRICA
SOUTH
AMERICA
1
4. We believe a new Open Economy is in the making – one that is
open-source, collaborative and driven by transparency. We see
this as an economy driven by inventors and intrapreneurs as well
as start-ups.
HUB LAUNCHPAD is inviting you to join the Open Venture
Movement to accelerate the Open Economy and grow the next
generation of inventors, company founders, intrapreneurs and
collaborators committed to open and transparent ventures.
The aim is to build an Open Economy where corporate purpose is
to create material positive impact on society and the
environment.
To build platforms and infrastructures to seed ventures that are
committed to open and transparent practices in all jurisdictions
they operate in and throughout their supply chain.
Around the world, people are asking for openness. Transparency
about tax, participation in products, accountability in finance.
An economy that is open will be more democratic, productive,
fairer and less harmful.
An Open Economy.
An Open Venture Movement
to build an
OPEN ECONOMY
BETAVersion 1.1 - July 2013
2
5. So what is needed?
HUB PLATFORM AS
PHYSICAL
INFRASTRUCTURE
JANUARY2005
GLOBAL NETWORK
OF INNOVATORS
AND START UPS
JANUARY2005
DELIVERY OF FUNDS
VIA ACCELERATOR
PROGRAMMES
MARCH2013
WE IDENTIFIED THAT THE
RIGHT FORM OF FUNDS
AND THEIR DELIVERY WAS
MISSING FROM THE
PIPELINE.
THIS HAS LED US TO LOOK
AT WHAT OUR MODEL OF
GROWTH COULD BE.
+
BETAVersion 1.1 - July 2013
INFRASTRUCTURE COMMUNITY FUNDS+
4
6. The Context
The UK is globally leading the social investment & finance market
and we have seen a significant growth of social funds for social
minded businesses.
However, our critical analysis of the social venture landscape
shows that there are key issues that need to be addressed.
It is widely recognised (eg NESTA’s Growing Social Ventures) of a
significant gap in the Social Venture Investment landscape at
early stages where ventures need time to shape business models
and understand social impact.
Our own learning from the HUB network, A-Fund and entrepreneur
led Missions shows us that conventional incubators for small
scale social ventures support those with fixed ideas with
insufficient scope for supporting promising people to evolve their
projects in response to a rapidly developing marketplace.
This causes a market dislocation or “broken pipeline” between
market place need, investors and potential ventures.
We need to get better at supporting founders -
not just their projects.
Key issues identified
Social investment Funds are too
broad
Cohort sizes too small
Over generic programme support
Over emphasis on business plan
Broken pipeline : lack of development
at pre venture stage
“Hero” Investment Selection
Exit Strategy focus
BETAVersion 1.1 - July 2013
101
#1
#2
#3
5
7. Our model of growth
We looked at acceleration, and decided that it needed to be done
differently. The HUB Launchpad proposes a different approach to
incubation and acceleration, based on our learning of almost 6000+
social ventures across a spectrum of social and civic domains.
HUB Launchpad as a platform enabling and accelerating communities
35 X
Thematic programme approach to
create depth of expertise in specific
domains
Targeting the ecosystem of venture
developers to support open ventures
Peer to peer model for investment
decision making
A critical mass size of minimum 35
founders for accelerator within a
wider support ecosystem of 2000+
Seeking startups, intrapreneurs and
inventors
BETAVersion 1.1 - July 2013
FEEDBACK LOOP >>>
R
EINVESTMENTPLATFORM
(
M
IM
INALLEAKAGE)
PUBLIC
SERVICE
INNOVATION
COMMUNITY
PHYSICAL : HUBS
PEDAGOGY : OPEN MOVEMENT
CAPITAL : HUB LAUNCHPAD
DIGITAL : OPEN PLATFORM
OPEN
MANUFACTURING
COMMUNITY
OPEN CIVIC
COMMUNITY
OPEN
FINANCE
COMMUNITY
6
8. LEAD ON THE PROGRAMME
OBJECTIVES AND
OUTCOMES.
SUPPORTING THE FACULTY,
INCUBATOR TEAMS AND
COMMUNITY.
TRANSFER KNOWLEDGE
BETWEEN COMMUNITIES.
People System
The peer to peer community will form
the backbone of the Open Movement
driving both innovation and knowledge
exchange.
Hub Launchpad commits to enabling
other drivers through procurement or
enablement including spinning out of a
Media Startup and investing in local
movement builders to engage in
authentic and meaningful relationships.
BETAVersion 1.1 - July 2013
7
HUBLAUNCHPAD
LEADERSHIPTEAM
#1
#2
#3 17
OPENFACULTY
SPECIALIST FACULTIES IN OPEN DOMAINS. FACULTY MEMBERS INVITED BASED ON
EXPERTISE TO SHARE AND DEVELOP OPEN DOMAINS. HOSTED AT QUARTERLY FACULTY
DINNERS TO EXCHANGE KNOWLEDGE WITH EACH OTHER.
INTERACT WITH OPEN MOVEMENT COMMUNITY.
ACCESS TO FACULTY FUND TO DEVELOP OPEN PROJECTS.
LONDON
M
OVEMENT
BUILDER
B
IRMINGHA
M
MOVEME
NTBUILDE
R
M
EDIA START
UP
PUBLICSERVICE
INNOVATION
INCUBATOR
OPENFINANCE
INCUBATOR
OPEN
MANUFACTURING
INCUBATOR
OPEN CIVIC
INCUBATOR
PUBLICSERVICES
ADVISORYCOUNCIL
OPENFINANCE
ADVISORYCOUNCIL
OPEN
MANUFACTURING
ADVISORYCOUNCIL
OPENCIVIC
ADVISORYCOUNCIL
EACH THEMATIC
INCUBATOR HAS A
THEMATIC LEADERSHIP
TEAM TO HOST THE
COHORT AND DOMAIN
COMMUNITY
OPENCOMMUNITY
SUPPORT THE LEADERSHIP
TEAM IN SPECIALIST AREAS
BRING A WIDER
STAKEHOLDER PERSPECTIVE
ADVOCATE THE OPEN
MOVEMENT
SUPPORT THE ONGOING
FUNDING DEVELOPMENT
COUNCIL PROVIDES
WIDER DOMAIN
PERSPECTIVE;
ADVOCACY OF OPEN
DOMAIN;
LEADERSHIPTEAM
ADVISORYCOUNCIL
9. Company Structure
MEMBERS
HUBLAUNCHPADLIMITED
BYGUARANTEE
ACCORD GROUP
DO LABORATORIES
HUB WESTMINSTER
THE LONG RUN VENTURE
HUBLAUNCHPAD
DIRECTORSBOARD
JAS BAINS (ACCORD)
SCOTT CAIN (LONG RUN VENTURE)
INDY JOHAR (DO LABORATORIES)
HUBLAUNCHPADTEAM
HUB LAUNCHPAD PROGRAMME DIRECTOR
HUB LONDON LAUNCHPAD MANAGER HUB BIRMINGHAM LAUNCHPAD MANAGER
PUBLIC SERVICE
INNOVATION
PROGRAMME TEAM
(FUTUREGOV)
OPEN FINANCE
PROGRAMME TEAM
(FINANCE
INNOVATION LAB)
OPEN CIVIC
PROGRAMME
TEAM
(TBC)
OPEN MANUFACTURING
PROGRAMME TEAM
(FUTURE
MANUFACTURING FORUM)
LAUNCHPAD PARTNERS
BIG ISSUE INVEST (INVESTMENT SUPPORT)
NIXON MCINNES (MOVEMENT BUILDING)
DATASCIENCE LONDON (BIG DATA)
INNOVATION INVESTMENT JOURNAL (LEARNING)
HUB WESTMINSTER (MEMBERSHIP BASE)
HUBLAUNCHPADINVESTORS
ACCORD GROUP
CABINET OFFICE
PROGRAMME
ADVISORY
GROUP
PROGRAMME
ADVISORY
GROUP
PROGRAMME
ADVISORY
GROUP
PROGRAMME
ADVISORY
GROUP
LAUNCHPADADVISORYGROUP
BETAVersion 1.1 - July 2013
8
10. THE
PROGRAMME
BETAVersion 1.1 - July 2013
LAUNCHPAD PROGRAMMEOPEN COMMUNITYTHEMATIC
PROGRAMMES
PUBLIC SERVICES
INNOVATION (2013)
FUTURE
MANUFACTURING (2016)
URBAN BIG DATA
HEALTH
EDUCATION TECHNOLOGY
OPEN CIVIC
(2015)
TBC
FINANCE
INNOVATION (2014)
GREATER
BIRMINGHAM
REGION
200 SCHOLARSHIPS
4 HACK WEEKENDS
2 X 14 WEEK FULL TIME
ACCELERATOR
PROGRAMMES
2013 : PUBLIC SERVICE
INNOVATION
2015 : MICRO & DIY
MANUFACTURING
70 SOCIAL VENTURE
FOUNDERS
£1,750,000 INVESTMENT
INTO FOUNDERS
GREATER
LONDON
REGION
200 SCHOLARSHIPS
4 HACK WEEKENDS
2 X 14 WEEK FULL TIME
ACCELERATOR
PROGRAMMES
2014 : FINANCE
INNOVATION
2014 : PUBLIC SERVICE
INNOVATION
70 SOCIAL VENTURE
FOUNDERS
£750,000 INVESTMENT
INTO FOUNDERS
TEAM BUILDING + DISCOVERY OF TALENT + PEER TO PEER DISCUSSIONS
AGGREGATE CHALLENGES SEEDED BY HUBONAUTSONGOING
CHALLENGE
PLATFORM
50,000 +
GLOBAL COMMUNITY
WEEKLY EVENTS
HOSTED BY RESIDENT
HOSTS. 3 EVENTS PER
WEEK, LEVERAGING
NETWORKS OF
RESIDENTS.
speakers dinners culture
£2.5M
INVESTMENT
AWARDS
70
VENTURES
140
FOUNDERS
2000
ENTREPRENEURS
BIG DATA &
OPEN DATA
COMMUNITY
TOP
UNIVERSITY
RESEARCHERS
MAVENS
SCHOOL
LOCAL
COUNCILS
OPEN + SOCIAL + LONG ORGANISATION MOVEMENT
OPEN VENTURE
FACULTY
DATA GOVT POLICY PUBLIC
3 X
4NO.
OTHER
JOURNEYS
4
2
+
1 x £25,000
RAISES AWARENESS ON
THEMES & BUILD A
COMMUNITY CLUSTER &
RAPID PROTOTYPE YOUR
TEAM
HOUR HACK EVENT
FORMAT
£46,000 INVESTMENT
AWARDS EACH PROGRAMME
TOTAL
£2.5 MILLION
INVESTMENT
AWARD
TOTAL
140 OPEN
VENTURE
FOUNDERS
£
PEER
INVESTMENT
PRIZES
INVESTMENT
COMMITTEE
PRIZE
£2350 MONTHLY
STIPEND / FOUNDER
MIN. 2 CO-FOUNDERS
PER TEAM
FULL TIME 14 WEEK
ACCELERATORS
2
48
X 35
=
IN BIRMINGHAM
2 IN LONDON
£
FINANCE MANUFACTURING
100 NIGHT
SCHOLARSHIPS
X
4 PROGRAMMES
3 MONTH EVENING
MEMBERSHIPS TO HUBS
PROVIDING ACCESS TO
PEER STARTUP
COMMUNITY, STARTUP
RESOURCES AND
EVENTS
HIGH PROFILE HACK CAMPS
AS MARKET MAKING FOR
EACH PROGRAMME
+
8 TOTAL CAMPS OVER 4
PROGRAMMES
PUBLIC
SERVICES
OPEN
CIVIC
SUPPORT
TEAM
OTHER
PROGRAMMES
PEER
MENTOR
OPEN
COMMUNITY
LAUNCH
CAMP
HACK-
CAMP
9
11. To start, we are focusing on four of the biggest opportunities that
the UK has to re-build its economy and society
OPEN CIVIC
Reinventing models of
everyday civic enterprises
such as the high street
cornershop
OPEN FINANCE
Developing financial tech
instruments to build an open
economy such as community
backed micro finance
PUBLIC SERVICES
Innovating the service
delivery of public sector
services such as health
OPEN MANUFACTURING
Self build, open source
manufacturing sector such
as Wikihouse.cc
EDUCATION TECH
Innovating technological
products & infrastructures to
support education
URBAN BIG DATA
Open & big data driven
business models and
leveraging the emerging
availability of urban
environmentsand ones in progress...
HEALTH
Innovation in health
products and design
tackling health challenges
affecting society
BETAVersion 1.1 - July 2013
10
12. £4 MILLION
FUNDING
SECURED
SUPPORT
What has been achieved so far?
ACHIEVED&CONFIRMED ACHIEVED&CONFIRMED
CABINET OFFICE
ACCORD GROUP (NOT FOR PROFIT)
BIRMINGHAM CITY COUNCIL
WESTMINSTER CITY COUNCIL
LONG RUN VENTURE
DO LABORATORIES
HUB WESTMINSTER
DATASCIENCE LONDON
OPEN INSTITUTE
FUTUREGOV
FINANCE INNOVATION LAB
FUTURE MANUFACTURING FORUM
BIG ISSUE INVEST
LAUNCHPADPROGRAMME
Make an open call out for innovators in
Open domains to help form an Open
Venture Charter.
400NIGHT
SCHOLARSHIPS
ANINVITATIONTOCOMEHELPUSBUILD
ACHARTER
LAUNCHPADPROGRAMME
We have currently committed to deliver 4
programmes within the Hub Launchpad
programme. Each with a theme
including; Public Services, Open Finance,
Open Manufacturing, and Open Civic.
We have ambitions to build on the
4YEAR
PROGRAMME
4 THEMATICPROGRAMMES
LAUNCHPADPROGRAMME
We will be awarding investment in 2
forms - 4 number of Peer Investment
awards selected by the cohort; and a
single Hub Launchpad Investment Panel
award.Monthly stipends will also be
awarded as part of the investment.
£2.5MILLION
INVESTMENTAWARDS
PEER&INVESTORINVESTMENT
AWARDS
LAUNCHPADPROGRAMME
We have current funding and partnership
support to deliver the Hub Launchpad
programme in London and Birmingham.
Our intent is to build infrastructures that
can enable
LONDON&GREATER
BIRMINGHAM
DELIVERYOFPROGRAMMESIN2
ENGLANDLOCATIONS
£1.5M FROM CABINET OFFICE
£1.5M MATCH GRANT FROM ACCORD
HOUSING GROUP
£1M INVESTMENT FROM BIRMINGHAM
CITY COUNCIL
LAUNCHPADPROGRAMME
A minimum of 35 founders per cohort will
be supported with access to a peer
community, experts in Open domains,
space and events.
140VENTURE
FOUNDERS
140BENEFICIARIESOVER4FULLTIME
ACCELERATORPROGRAMMES
BETAVersion 1.1 - July 2013
11
13. What we are building from June - September 2013
BUILDINGANOPENVENTURE
COMMUNITYOF2000+
A community of inventors,
intrapreneurs, startups,
commissioners, end users, and the
geeks to inform and develop the
open ventures of the Open Economy.
We are seeking the potential
founders as well as the ecosystem of
talent they will need to develop their
open ventures.
Make an open call out for
innovators in Open domains to
help form an Open Venture
Charter. Ventures that are
committed to open and
transparent practices in all
jurisdictions they operate in
throughout their supply chain.
OPENVENTUREMOVEMENT
CHARTER
ANINVITATIONTOCOMEHELPUS
BUILDACHARTER
A faculty of experts and inventors
in key cross disciplinary Open
domains.
Each thematic programme would
independently have an Advisory
Council, drawing from the Open
Faculty.
ANOPENFACULTY
ANINVITATIONTOCOMEJOINTHEOPEN
FACULTY
Set the conversation going in a
public forum with invited authors to
engage in an open debate on all
Open debates to build an Open
Economy. We aim to do this by
supporting the launch of a start up.
INVESTINANOPEN
VENTUREMEDIASTARTUP
CURATIONOFCONTENTONOPEN
DOMAINSCONTRIBUTINGTOOPEN
VENTUREDEVELOPMENT
Hosting a launch festival on the
Open Venture Movement bringing
together collaborators, inventors
and startups in Open Domains to
hack the future of the Open Venture.
OPENVENTURE
UNCONFERENCE&EVENTS
EVENTSTOSUPPORTTHE
DEVELOPMENTOFTHEOPEN
VENTUREDEBATE
Onlinearticles&content
SocialMedia
Events
Open&TransparentTax,Payand
Ownership
Open&TransparentLegalEntities&
AssetHoldings
Open&TransparentEconomicactivities
Open&TransparentCorporatePolicy&
Governance
Freedomofspeechforallemployees,
customersandsupplychain
Foundersanddirectorstorequire
considerationofnon-financial
stakeholdersaswellasfinancial
interestsofshareholders.
Acorporatepurposetocreatematerial
positiveimpactonsocietyandthe
environment.
OpenFaculties:
OpenAgriculture
OpenBusiness
OpenCulture
OpenData
OpenDesign
OpenEducation
OpenEnergy
OpenEnvironment
OpenFashion
OpenFood
OpenFinance
OpenGovernance
OpenHardware
OpenHealth
OpenHousing
Open
Infrastructure
OpenInitiatives
OpenLaw
OpenLicensing
Open
Manufacturing
OpenMedia
OpenPolicy
OpenRetail
OpenResearch
OpenScience
OpenSoftware
OpenTechnology
OpenTransport
Startupfounders
Inventors
Intrapreneurs
Commissioners
EndUsers
Researchers
CivilServants
Programmers
Designers
Makers
OpenVentureHackFestival
Weeklyhosteddinners
Weeklyhostedculturalevents
Weeklyhostedlectures
QuarterlyOpenFacultyevents
Seriesof24hourhackcamps
17
BETAVersion 1.1 - July 2013
12
14. The building blocks
2.BUILDINGAN
OPENVENTURE
COMMUNITYOF
2000+
1. OPENVENTURE
MOVEMENT
CHARTER
PRINCIPLESOFTHEOPEN
VENTURE
3.ANOPEN
FACULTY
ANINVITATIONTOCOMEJOIN
THEOPENFACULTY
4.INVESTINAN
OPENVENTURE
MEDIASTARTUP
CURATIONOFCONTENTON
OPEN DOMAINS
CONTRIBUTINGTOOPEN
VENTUREDEVELOPMENT
5.OPENVENTURE
UNCONFERENCE
&EVENTS
EVENTSTOSUPPORTTHE
DEVELOPMENTOFTHE
OPENVENTUREDEBATE
ADIVERSEAND
COMPLETEECOSYSTEM
NEEDEDFORANOPEN
VENTURETOTHRIVE
17
BETAVersion 1.1 - July 2013
13
15. 1.OPENVENTUREMOVEMENT
CHARTER
Make an open call out for innovators in Open
domains to help form an Open Venture Charter.
Ventures that are committed to open and
transparent practices in all jurisdictions they
operate in throughout their supply chain.
ANINVITATIONTOCOMEHELPUSBUILDACHARTER
Open&TransparentTax,PayandOwnership
Open&TransparentLegalEntities&AssetHoldings
Open&TransparentEconomicactivities
Open&TransparentCorporatePolicy&Governance
Freedomofspeechforallemployees,customersandsupplychain
Foundersanddirectorstorequireconsiderationofnon-financial
stakeholdersaswellasfinancialinterestsofshareholders.
Acorporatepurposetocreatematerialpositiveimpactonsociety
andtheenvironment.
BETAVersion 1.1 - July 2013
14
16. 2.BUILDINGANOPENVENTURE
COMMUNITYOF2000+
A community of inventors, intrapreneurs,
startups, commissioners, end users, and the
geeks to inform and develop the open
ventures of the Open Economy.
We are seeking the potential founders as
well as the ecosystem of talent they will
need to develop their open ventures.
Startupfounders
Inventors
Intrapreneurs
Commissioners
EndUsers
Researchers
CivilServants
Programmers
Designers
Makers
Statisticians
PolicyOfficers
BETAVersion 1.1 - July 2013
15
17. 3.ANOPENFACULTY
ANINVITATIONTOJOINTHEOPENFACULTY
A faculty of experts and inventors in key cross
disciplinary Open domains.
Each thematic programme would independently
have an Advisory Council, drawing from the
Open Faculty.
OpenAgriculture
OpenBusiness
OpenCulture
OpenData
OpenDesign
OpenEducation
OpenEnergy
OpenEnvironment
OpenFashion
OpenFood
OpenFinance
OpenGovernance
OpenHardware
OpenHealth
OpenHousing
OpenInfrastructure
OpenInitiatives
OpenLaw
OpenLicensing
OpenManufacturing
OpenMedia
OpenPolicy
OpenRetail
OpenResearch
OpenScience
OpenSoftware
OpenTechnology
OpenTransport BETAVersion 1.1 - July 2013
16
20. Timeline
BUILDINGANOPENVENTURE
COMMUNITYOF2000+
OPENVENTUREMOVEMENT
CHARTER
ANOPENFACULTY
INVESTINANOPEN
VENTUREMEDIASTARTUP
OPENVENTURE
UNCONFERENCE&EVENTS
JUNE JULY AUGUST SEPTEMBER
Identify top 5 departmental
academic institutions to
approach:5 global, 5 UK.
Define the type of people we
are looking for
Rounds of invitations to Open
Faculty
Search and commission Media
Startup Curator
HLP team to launch 3 articles
Negotiate & finalise agreement
with OI team that we approach
Commission authors for thought
pieces
Launch 3 channel online
platform to engage community
Beta launch of Open Faculty and
Open Advisory Councils
Open Faculty first quarterly
dinner
Write/edit more Open Venture
Movement articles
Launch faculty fund
Open Venture Movement
Unconference
Open Faculty second quarterly
dinner
Launch Open Venture Media
Startup #1
Launch Programme 1 : Public
Service Innovation (Revised
start date September 2013 -
February 2014)
MONTHLY MILESTONES
Launch Programme 2 : Open
Civic
FEBRUARY 2014
Launch Programme 3 : Open
Finance
FEBRUARY 2015
Launch Programme 4 : Open
Manufacturing
SEPTEMBER 2015
Launch Programme 4 : Open
Manufacturing
IN PROGRESS
BETAVersion 1.1 - July 2013
22. The leadership team
Jas is a huge fan of his home town
football team, Wolverhampton
Wanderers. He's managed to convert this
passion into a major charity fund raising
endeavour by helping to set up a
registered charity - Punjabi Wolves.
During the last 6 years PW has raised
over £250,000 for various charities. They
have even started to build a brick
constructed homes housing poor people
in India. Jas is also Chief Executive of
Ashram HA and Executive Director of
Accord Add Ventures. His ambition is to
better the feats of Bradley Wiggins and
Mark Cavendish.
HUBLaunchpadExecutiveDirector
Founder of The Long Run Venture, an
organisation focused on supporting
businesses and technologies to deliver
long run returns in both the UK and
globally. Scott is the former CEO of
Enterprise UK, the business led
campaign to create more entrepreneurial
culture among young people; Scott is also
a Start-Up Director of Future Cities
Catapult, a new world-leading technology
and innovation centre.
HUBLaunchpadExecutiveDirector
Indy is a co-founder and director at HUB
Westminster. He is also a co-founder of
00, Demos Associate, JRF Anti-Poverty
Strategy Programme Advisory Group
member and member of the Mayor of
London’s SME Working Group, and a
director of the Jhawar Impact Ventures
Fund in India. Indy has collaborated and
spoken at many civic policy and new
economy innovation forums including;
Demos, Centre of Social Justice, Helsinki
Design Lab, European Parliament, LSE.
HUBLaunchpadExecutiveDirector
Margaret is an Associate at The Long Run
Venture developing their social missions.
Previously she was a Deputy Director at
Big Lottery Fund and specialised in
creating programmes to tackle social and
spatial inequalities, including Local Trust
a £200m place based initiative providing
social investment and resources to 150
disadvantaged neighbourhoods in
England. She has been a trustee and
advisor to various arts organisations and
charities, and is currently on the board of
Community Development Foundation
which is a member of the Community
Investment Coalition and is campaigning
for banking reform and fairer access to
resources.
HUBLaunchpadFundingDevelopment
Joost’s work on a wide range of
neighbourhood regeneration projects, his
research for the Compendium for the
Civic Economy and his role as a director
of Hub Islington has given him a wide
range of insights into the aspirations,
potential, challenges and needs of social
start-ups in the UK and beyond. Starting
out as a researcher for Demos, he now
leads on a range of research and strategy
projects at 00.
HUBLaunchpadOperations&Research
Alice is a co-founder of HUB
Westminster, a peer community of 450
changemakers and social startups
working to make impact for a better
world. Alice was recently nominated as a
director of Hub Association Board,
representing the global network of 38
HUBs with 6000 members. Alice is also a
co-founder of 00 and a trained architect.
HUBLaunchpadProgramme&Partnerships
JasBains ScottCain
IndyJoharMargaretCooney
JoostBeunderman
AliceFung
BETAVersion 1.1 - July 2013
20
24. Let’s build the Open Venture
Movement together.
Let’s build an Open
Faculty
to engage all
Let’s write an Open
Venture Charter that
becomes a commitment
for Open Ventures to lead
by example
Let’s host Open Venture
events to engage all those
we need to build the
movement, not just the
usual suspects
Let’s write Open Venture
Articles to define what
Open needs to be
www.hublaunchpad.net | @hublaunchpad | hello@hublaunchpad.net
17
BETAVersion 1.1 - July 2013