Nesta primarily invests in social innovation, as the UK faces major social and economic challenges. Nesta is looking to make investments in ventures whose products aim to support one or more of the fund's target groups; the elderly, children, young people and self-sustaining communities.
Innovation and technology should be at the core of the product or service, and should be able to demonstrate reasonable and sustainable returns on capital. The project should be achieving, or have the potential to achieve, impact and public benefit in the UK by providing products or services that are inclusive, accessible and affordable. Ventures should be able to provide increasing depth and evidence of the contribution to the target groups and rigorously measure the on-going performance of the project. The approach must be scalable to meet a significant proportion of the need they address, and must have a strong management team to deliver results from ambitious plans.
Nesta invest in ventures with high impact, scalable innovations that are run by outstanding entrepreneurs. They are actively looking for ventures which are:
- financially sustainable
- outstanding leadership
Children & Young People
Nesta invest in new products and services that help improve thehealth and well-being of children and young people in the UK. In particular they target innovations which:
- Increase educational attainment;
- Improve employment readiness and employment rates
- Increase positive contributions in communities and societyoverall; and
- Improve physical and mental well-being of children and youngpeople.
Nesta invest in new products and services that help improve thehealth and well-being of older people in the UK. In particular they targetinnovations which:
- Reduce avoidable injury and premature deaths of olderpeople;
- Increase the number of older people enjoying high quality oflife; and
- Increase the number of older people participating in social,cultural and economic life.
Nesta invest in products and services that improve supply of,access to, and allocation of resources for communities and individualsexperiencing exclusion. The resources they are particularly focused on are: energy,food, healthcare, financial services and social connections.
Nesta wants to see the power of innovation and technology used to solve major social problems, bringing the benefits of innovation to everyone in society. Nesta help to do this by investing in ventures with inclusive and scalable innovations that are run by outstanding entrepreneurs. They are an experienced team of sector experts, venture capitalists, impact investors and evaluators backed by a strong, innovative institution - Nesta.
Committed to supporting outstanding entrepreneurs, they bring the skills, networks and resources of their team and from across Nesta, to support social ventures to deliver on their mission. Nesta are currently seeking innovations that tackle the major challenges faced by older people, children and communities in the UK.