Founder Alex Stephany hopes to disrupt conventional ways of tackling homelessness by combining technology with community goodwill. But even ambitions for global domination need to unfold at the right pace, the former JustPark CEO tells us.
PLUS: A first crowdfunded impact bond Israel and a new ‘career impact bond’ for American students; MacArthur Foundation’s catalytic capital investment; new climate fund from Aberdeen Standard and Big Issue Group, and more.
Nesta, Upstart Co-Lab and Fundación Compromiso are exploring the potential for a new global investment fund dedicated to creative enterprise as they launch project at start of UN International Year of Creative Economy for Sustainable Development.
Damehood for Caroline Mason, the boss of leading grantmaker and social investor Esmée Fairbairn Foundation, plus accolades for many more in New Year Honours – but questions around an award of ‘empire’ persist.
Innovation lessons of past decades have fallen by the wayside. Challenges offer better value for money, more diversity of approaches, and a means to shape markets ripe for development – and could provide the moonshot advances that society needs.
Wanted: great ideas from innovative organisations, charities and tech companies keen to help more vulnerable workers in their jobs and finances – Nesta’s £2.8m Rapid Recovery Challenge opens for applications this week.
Could fintech disruptors give community lenders a new burst of energy – and help them compete with their for-profit, mainstream competitors? Six partnerships, backed by the UK government's Affordable Credit Challenge, will soon find out.