£20m fund fights poverty premium
A new ‘Fair by Design’ fund launched this week – now backed by £1m from Nominet Trust – aims to raise £20m to end the so-called poverty premium in a decade. Five startups, meanwhile, will benefit from £70,000 in funding to help develop digital services that stop those with less paying more. (more…)
£20m anti-poverty accelerator opens
Telefónica-owned Wayra UK opens its latest tech accelerator programme this week, supported by a new multi-agency fund worth up to £20m with a focus on helping eliminate the ‘poverty premium’ by 2027. Wayra’s Open Future_ North facility is based in Oldham. (more…)
£15m fund to fight poverty premium
A new £15m venture fund for businesses working to eliminate the poverty premium is set to be unveiled next month, as a new accelerator programme opens in the English north to support tech startups working to reduce poverty at home and abroad. Julian Blake reports.