We’re absolutely delighted to announce that Ecomodo has been selected as one of the recipients of the Innovation in Giving Fund. Launched in September 2011 by Nick Hurd, Minister for Civil Society and supported by The Cabinet Office and NESTA, the £10million Innovation in Giving Fund aims to find and back innovative ideas for increasing volunteering and charitable giving. Over 430 applications for funding were received and 62 were shortlisted to pitch their ideas to a selection panel between December 2011 and March 2012.
Nick Hurd, Minister for Civil Society, said: ‘We want to connect more people with the power to make a positive difference. Through this Fund we want to back brilliant new ideas that can help make that happen.’
Geoff Mulgan, Chief Executive of NESTA, says: ‘We are at a tipping point where new technologies are providing exciting new platforms to radically change the way we give, volunteer and share.’
For us at Ecomodo, we see this as a fantastic opportunity to take a giant leap forward to improve and evolve our platform for lending and borrowing. We have been awarded £50,000 to increase growth and engagement through a number of activities including: enhancement and development of our service experience; building new ways to connect to and use Ecomodo; and support for the exploration and co-creation of new initiatives focused around specific channels.
More information on the Cabinet Office’s Innovation in Giving Fund, managed by Nesta.
Watch our pitch to NESTA on Vimeo