New cohort of ventures announced for Social Incubator East support
Press release : 29th October 2014
Fourteen ventures with social impact have been announced as the new cohort at Social Incubator East. The ventures - all chosen because of their potential to create positive social change - will receive 12 months of business support, office space, access to loan finance and powerful networks as they seek to scale up.
The group includes ventures working in a range of fields including genomics, community arts and finance. Belinda Bell, Programme Director at Social Incubator East, explains, 'We are delighted to be announcing the recruitment of this group of social entrepreneurs who are seeking to address social challenges through business ventures. Whether they are using cutting edge technology or innovating in community engagement they all have the potential to have powerful impact. '
Ventures on the cohort include Angel Alerts, which works to protect and secure people's online legacy, GAP Learning CIC, which provides creative workshops teaching skills to excluded people, and Cambridgene which aims to improve people's lives through leading the interpretation of the genomic code.
Over the 12 months ahead the cohort will be supported to grow their venture and their impact through training from Cambridge Judge Business School, one-to-one business advice leading to the creation of a viable business plan and support with securing early customers - alongside access to loan finance and introductions to investors.
Social Incubator East is based at the Future Business Centre on King's Hedges Road and is already working with one cohort of social ventures. Further cohorts will be recruited in 2015.
Access to the programme follows a Social Venture Weekend at Cambridge Judge Business School 8th-10th October where 60 budding social entrepreneurs came together to experience the best that Cambridge Judge has to offer, especially slanted for people who are interested in creating social change. The next Social Venture Weekend begins on 27th February 2015 and you can find out more at www.socialincubatoreast.org.uk
The full list of the new cohort is as follows:
AGRIinsight is an online platform that helps sub-Saharan African agribusinesses promote their activities, locate, develop and manage supply chain networks.
Angel Alerts keeps all your home, family, business and online details stored safely for when you - or after your death a family member - needs them.
Cambridge Community Arts provides community interaction and personal growth through art and music, it aims to bring a series of art courses, activities and events to help everybody unlock their creativity, meet new people and enjoy themselves.
Cambridgene aims to improve people's lives through leading the interpretation of the genomic code.
Cambridge Hub supports and encourages students to engage in social and environmental issues during their time in the city.
Dementia Compass offers programmes designed specifically for people living with dementia, both the person with the diagnosis and his or her care partner to enjoy together.
Gaplearning is a social enterprise that delivers a range of craft workshops teaching many skills.
Geneadviser is an online genetic testing marketplace. GeneAdviser puts rare disease patients in touch with clinical labs that can perform the sequencing and diagnostics.
Newleaf Book Cafe is a restaurant, bookshop and event space in in the Siem Reap province of Cambodia which generates profits which are invested in educational programmes in the province. The aim is to scale the model up so that there will be Newleaf Book Cafes all over the world, and the brand will become known and sought after by ethical tourists.
Open JamJar facilitates stable tenancies for those private renters who receive local housing allowance, and generates the opportunity for increased financial inclusion through Credit Unions, debt advice and building of credit scores.
Power 2 Inspire was created to improve both disabled and non-disabled people's lives by enabling new ways for both groups to play sports together.
Rhea mHealth is a mobile platform offering health support to women.
Thrive Spring is a social networking site for people with an interest in community resilience and emergency preparedness and self-sustainability.
Tochikunda is a biotech business developing a novel approach to prevention.
For more information and to arrange interviews please contact Social Incubator East Programme Director, Belinda Bell, at firstname.lastname@example.org Tel: 07903 991113
About Social Incubator EastSocial Incubator East is a programme from Allia, a charity that supports organisations dedicated to making a positive social impact, delivered in Partnership with the University of Cambridge Judge Business School, Foundation East and Keystone Development Trust. Social Incubator East is funded by the Cabinet Office and delivered by Big Lottery Fund.