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Camden Innovation and Development Fund

This fund is managed by Communities and Third Sector team Camden Council. It aims to unlock the creativity and resources of organisations and individuals in the London Borough of Camden to solve social problems and to empower local communities to make things happen in their neighbourhood.

Round 3 of this Fund was launched in May 2013 with initial submissions required by 28 June 2013. Shortlisted ideas are then required to produce a more detailed business case with the funding starting in January 2014. The theme of the call for funding is 'Building Resistence' in the community and it is highly appropriate that an Open Innovation process has been used to help do this. Building resistance is viewed as being:

  • Understanding risks and challenges.
  • Adapting to change and uncertainty.
  • Understanding what assets you have.
  • Feeling like you have the means/skills/assets/connections to change something.
  • Empowering people to look after themselves.
  • Developing communities that look out for each other.

There are four main funding categories:

  • £5000 for one year; most suitable for individuals.
  • £10000 for one year; most suitable for organisations who want to try an experiment or trial in a specific area.
  • £20000 for 18 months; most suitable for organisations with a bourough-wide project.
  • £50000 for up to 18 months: most suitable for a large project delivered collaboratively by a partnership of organisations.

The fund was launched with two workshops at the British Library Business & IP Centre on 28 May and 3 June 2013 attended by a large number of organisations working in the voluntary sector. They were given a presentation on the Open Innovation Project by Nigel Spencer from the British Library Open Innovation Project team.

 

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