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Nesta will help narrow the gap for disadvantaged children

A strategy aims to capture future innovation to bring about a social and cultural change in society.

Working across government departments and industry, it aims to harness new enterprise ideas to impact on people’s lives and health outcomes.

Nesta, an innovation agency for social good, wants to design, test and scale innovation during the ten-year strategy.

This means it will use data and attempt to influence public and private spending to meet its objectives.

It will focus on innovation that narrows the gap between disadvantaged young children and the national average.

It will also work with public and private partnerships to end health inequalities and reduce obesity. On average this would raise life expectancy by as much as two years.

The strategy will attempt influence people to make more decisions on sustainability and reducing household carbon emissions.

Ravi Gurumurthy, chief executive of Nesta, said: “Over the past decade, Nesta has developed methods and capabilities that can drive innovation for social good.

“Today, we know far more about how to mobilise and influence citizens, harness data, and use private and public capital more creatively.

“In our next chapter, we will be focused on applying those capabilities to three defining questions facing the UK: how we build a sustainable economy, how we give every child a fair start, and how we help people live healthy lives. Each requires new ways of working, new products and services, new business models, and new ways of engaging citizens.

“By working with a diverse network of partners in the public, private and voluntary sectors, we will generate ideas, test them rigorously, and help them grow to scale.”

He said Nesta has identified three new ways of working:

“As an innovation partner, working with frontline organisations to design and test new solutions hand in hand with those who will use them;

“As a venture builder, creating, supporting and investing in early-stage ventures to develop new solutions and to shift key markets;

“As a system shaper, influencing policy, practice and funding, to support and promote innovation.

Gurumurthy continued: “We hope our work can directly lead to solutions that change the lives of millions of people, as well as shaping the policies, institutions and thinking that guide innovation. We look forward to sharing our successes and failures, and learning together.”

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