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Nominet Trust awards £400,000 investment to social tech ventures

Melanie May | 30 September 2016 | News

Nominet Trust has awarded investment to nine social tech ventures in the sixth edition of its Social Tech Seed funding programme, with applications for the next round open until 25th October.
The Trust is investing over £400,000 in the ventures, a range of online and digital innovations being developed in the UK that will benefit a variety of people from those with physical and mental health issues, to others dealing with isolation and learning difficulties.
Successful ventures:

The organisations will use the funding to develop their products and services further and demonstrate their social, user and financial value.
Vicki Hearn, director of Nominet Trust, said:

“The interest this round of Social Tech Seed generated demonstrates the role that Nominet Trust fulfils in providing early stage grant funding to entrepreneurial organisations in the tech for good sector. We’re really looking forward to working with this cohort to support their growth and the social impact they can deliver.”

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Applications for the seventh round of the Social Tech Seed programme can be submitted at: www.nominettrust.org.uk/how-to-apply/social-tech-seed by 25th October. The programme provides grant funding, typically between £15,000 and £50,000 for a project of 9-12 months duration, a support package including mentoring, marketing & comms advice and networking opportunities, and access to a discretionary fund of up to £5,000 should the project need access to specific expertise to support early-stage development.
 

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