Public Sector Innovation – Latest News
London startup DataPress transforms data from local governments into easy-to-use resources for residents and communities. The founders believe more open data will help encourage startups, with entrepreneurs using data to develop business ideas.
Nesta and the Center for Global Development are co-hosting the UK launch of The Global Innovation Fund on Tuesday 9 February. The event will introduce the Global Innovation Fund and its mission to invest in social innovations to improve the lives of millions of people in the developing world.
185 SMEs from 26 countries have been selected for Horizon2020 EU funding. For each project, participants will receive €50,000 to finance feasibility studies for new products that can disrupt the market.
Finance Minister Heng Swee Keat has told the Singapore Parliament that the key to the country staying relevant in the global economy is how it can be an innovation laboratory for the world, and this will be looked into in plans to chart the future direction of Singapore’s economy.
The United Nations will fund 60 startups to create open source technologies to improve the lives of children in developing countries. Unicef, the children’s charity run by the UN, will channel more than $9 million into startups based on venture capital style investing.
The Wearables for Good competition was launched in May 2015 by UNICEF, ARM and Frog Design. It focused on concepts for wearables as life-saving products that could work in any environment.