About Nesta

Nesta is an innovation foundation. For us, innovation means turning bold ideas into reality and changing lives for the better. We use our expertise, skills and funding in areas where there are big challenges facing society.

The 12 economies method

This framework was developed to help public officials having to make significant cuts during the period of austerity.

As British public services face severe spending cuts over the next few years, and many other countries continue to struggle with fiscal squeezes, I’ve been asked to share it again.


Geoff Mulgan

Geoff Mulgan

Geoff Mulgan

Chief Executive Officer

Geoff Mulgan was Chief Executive of Nesta from 2011-2019.

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