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John Craig, Director
The history of public support for social innovation is poor ,[object Object],[object Object],[object Object],[object Object]
Support for innovation has been particularly poor in the third sector Someone in the third sector has an idea They write a letter to the Minister The Minister gives the letter to a civil servant The civil servant writes a letter of congratulation
The challenge is connecting ideas with resources to support them ,[object Object],Public service commissioners Social investors Third sector innovators
Innovation Exchange is connecting people around compelling priorities ,[object Object],[object Object],[object Object],[object Object],[object Object]
It will create strong innovation projects and clear priorities Commissioners’/investors’ demands for innovation Supplies of innovation from the third sector ,[object Object],[object Object]
The Exchange is bringing its work together at two  Festivals of Ideas Call for ideas from the third sector Festival of Ideas  brings together innovators, commissioners and investors around ideas Innovators develop their plans online with the contacts they have made The best innovations receive a share of the £200k Innovation Exchange Fund Possible additional support from commissioners and social investors ,[object Object],[object Object],[object Object],[object Object]
It also needs to tackle the issues of IP and risk-sharing  ,[object Object]
And the Exchange must have a systemic as well as practical impact ,[object Object],[object Object]
Questions ,[object Object],[object Object],[object Object],[object Object],[object Object]

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The Innovation Exchange connects social innovators, commissioners, and investors to strengthen ideas and foster collaboration

  • 2.
  • 3. Support for innovation has been particularly poor in the third sector Someone in the third sector has an idea They write a letter to the Minister The Minister gives the letter to a civil servant The civil servant writes a letter of congratulation
  • 4.
  • 5.
  • 6.
  • 7.
  • 8.
  • 9.
  • 10.