Government funding

Corporate relations

Individual & events fundraising

Trusts & foundations

Sustainable trading income

Unique start-up incubator

programme

Run by Sidekick Studios

Help charities design sustainable

spin-out digital businesses

Funded by Nominet Trust -

£150k per charity of in kind

£20k cost to each charity + staff time

Looking for 2013/14

participants!

Lean start-up approach – 3 month test & build

Agile & rapid digital & service development

Aimed to be distruptive– and take from other

successful models

Build, test, learn, iterate – fail fast learn fast

approach

Led and managed by Knowledge & Innovation

team

Fundraising team support to identify new funders and

partners

Digital team support both at design and test/deploy

phase

Senior Management Team –brought in regularly as part

of big decisions

Cross team collaboration =

hugely important!

How it works

Product built on vInspired’s unique

API

Evidence based –research from clients/users

Tested with 3 clients and 20 young people

Offline and online testing of idea

Minimum Viable Product – will hold

20 clients & 100 young people

Taking popular Task Rabbit model from

US

Opened to any registered users on

vinspired.com

Mobile responsive & SMS functionality

The business model

The story so far for 2013

JanuarySidekick Schools begins

FebruaryTask Squad

agreed as an ‘Employment Business’ to

sit within vInspired

trading arm

MarchTested with Old Spital

Fields Market & vInspired

AprilMinimum

Viable Product

launched –can hold 20

clients

The Young Foundation Accelerator Programme

begins

MayNew clients –Which? Mint Good Agency

JuneGoogle

Impact Award £100,000

JulyBusiness plan launched at

Young Foundation Demo Day

Social Impact

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-

100,000

200,000

300,000

400,000

500,000

600,000

700,000

800,000

Year 1 Year 2 Year 3

£s for Young People

Young people employed

Young people employed

Young people employed

Financial Impact

-

50,000

100,000

150,000

200,000

250,000

300,000

350,000

400,000

450,000

Year 1 Year 2 Year 3

Costs Revenue Investment

Curating a young

person’s micro-work

force

Quality and proven young people

Creating strong

futures for young people

Flexible to employers

needs

Creating sustainable income for vInspired