Inspiring Innovation in Investment: a Creative Councils Learning Exchange

Thu 15 Dec 2011, 12:00–15:30
>This will be the first in a series of four events showcasing international innovation case studies to support innovation in local government. The event is part of NESTA's Creative Councils Programme

Thursday 15 December 2011, 12:00 - 15:30
Central London (details TBC)

As local authorities up and down the country go through the tough process of setting their budgets for 2012/13 it is easy to get bogged down in difficult day to day decision making. Looking to the future, it is more important than ever for local authorities to be able to innovate, to improve public services, deliver more for less and tackle long term challenges like our aging population.

We would like to invite representatives from local authorities to attend this event designed to inspire innovation by giving the opportunity to learn from international practice and to network with colleagues from other local authorities across England and Wales. The event will hear from three inspirational speakers, who will share their experiences of innovation in investment vehicles:

  • Katherine Freund, Independent Transportation Network (ITN) America - founded an older people's community transport programme that works on a cash and credits system, that used public funding as venture capital, to create a self sustaining system.
  • Steve Rothschild, the Minnesota Human Capital Bond - pioneered using a state bond to fund social enterprises working in preventative intervention on a payment by results basis. The approach includes an accreditation and loan fund for participating social enterprises.
  • Gorka Espiau, Social Innovation Park, Basque Country, Spain - a key player in the creation of a partnership between local authorities and DenokInn (a social innovation agency) to create a "social silicon valley" by providing a systematic infrastructure for identifying new projects and supporting public/ private/ non-profit collaborations.

This will be the first in a series of four events showcasing international innovation case studies to support innovation in local government. The event is part of NESTA's Creative Councils Programme, and is designed to be open to local authorities across the country, to ensure the benefits of the programme are shared beyond the immediate Programme participants. A full agenda and venue details will be available shortly.

A full agenda and venue details will be available shortly.

This event is open to local authorities only. To reserve your place please email creative.councils@nesta.org.uk putting "Innovation in Investment" as the subject line.

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