Unltd

by Gowritest
16.08.2012

About UnLtd

UnLtd is the leading provider of support to social entrepreneurs and offers the largest such network in the world. We resource over 1,000 individuals each year through our core Awards programmes which impact many tens of thousands more. We operate a unique model by investing directly in the individual and provide a package of resources; from funding to ongoing advice, networking and practical support.

We resource community entrepreneurs to start-up; support those with more established  ventures to scale up; and are committed to developing an ecosystem of support to make it easier for those who need help to find it.

Big Venture Challenge

Big Venture Challenge is a unique competition, run by UnLtd and primarily funded through The Big Lottery Fund with support from the Millennium Awards Trust.  It is a competitive programme to help ambitious social entrepreneurs reach scale by providing access to the right people, resources and investment. We received 638 applications and filtered them down to 25 winners. We are providing these 25 winners with intensive support for 3 years plus access to match funding. We have £700,000 of match funding which is split into 10 x £50,000 and 2 x £100,000 funding Awards, designed to leverage in loan or equity from co-investors. The purpose is to plug the funding gap in early stage high risk capital and stimulate the seed investment market for growing social ventures.

Big Venture Challenge runs alongside UnLtd’s regular Awards programmes, which offer smaller amounts of capital and business advice to social entrepreneurs from start-up and beyond. The charity was established as the trustee of an endowment from the Millennium Commission called the Millennium Awards Trust, to invest in individuals wanting to create positive social change.

Social venture experience

UnLtd have supported over 8,000 individual social entrepreneurs through their unique, multi-level grants programme. UnLtd are unique in supporting individuals at every stage of their journey: whether they have just had the idea, are just testing the model, are in the process of growing or looking to raise investment and scale their social venture.

Favourite social innovation

The internet!