In May 2011, the Government's Giving White Paper announced a range of measures to support new and better ways to enable the giving and exchange of time, assets, skills, resources and money, including the Innovation in Giving Fund.
"Our ambition is to stimulate a step change in giving... to make it easier and more compelling to give time and money... to give better support to the trailblazers and innovators."
Francis Maude Minister for the Cabinet Office and Paymaster General and Nick Hurd Minister for Civil Society
The Innovation in Giving Fund aims to invest in, support and grow innovative ideas that will bring about a step-change in the giving and exchange of time, assets, skills, resources and money and which have a credible route to being self-sustaining in the longer term. The Fund runs over two years and is managed by Nesta, the UK's Innovation Foundation.
In September 2011 we launched the first round of the Fund with an open call for ideas. Over 440 applications were received and an inspiring range of 32 innovative ideas were backed with over £2.5m. More details of the innovations supported through the first round of the Fund can be found here: http://giving.nesta.org.uk.
The second round of the Fund will involve a number of different strands of funding, which we will be announcing in stages.
So far we have announced three new opportunities:
In April we announced a programme to support medium to large charities to scale up existing innovations in giving. Click here for more details.
In December 2012, we unveiled the 10 charities that have made it through to the second stage of the Open Innovation Programme. Each will receive funding and a package of non-financial support to take their ideas to scale.
In December 2012 we announced a new strand of the fund that will support volunteer centres to develop and prototype innovations in giving. Click here for more details.
At the end of May 2012 we launched a second open call for ideas focused on game-changing innovations. This resulted in a further 16 new awards to a range of innovative and inspiring projects, which were announced in October 2012.
Visit our Giving website to find out more about the awards we have made so far, through both the first and second open calls for ideas and the Open Innovation programme. Find out how our awardees are working to transform giving in the UK, and details of the support each project is receiving through the Innovation in Giving Fund.
Additional opportunities will be announced in the coming months.
If you have any questions or comments on any aspect of the Fund email email@example.com.
Check out our More Than Money report, which looks at complementary currencies and other platforms for reciprocal exchange.
Download the report
This literature review brings together the existing evidence of impact across reciprocal exchange systems.
Download the paper