1. What are we learning about… Innovation Exchange

2. What’s the problem?

4. Too few third sector innovations change the world Size Age

5. That failure to change the world is largely a systemic failure Someone in the third sector has an idea They write a letter to the Minister The Minister gives the letter to a civil servant The civil servant writes a letter of congratulation

6. There’s no market for third sector innovation Demand Supply

7. As a result, innovators are disconnected from potential collaborators and supporters Commissioners and investors Innovators in the third sector

8. What’s the solution?

9. We need to connect innovators and potential supporters Public service commissioners Social investors Third sector innovators

10. The Exchange first works to identify opportunities for innovation Great third sector innovations Commissioners’ and investors’ needs Advice and support with individual budgets Support to overcome social isolation

11. It then helps people to connect around those opportunities, build alliances and develop their work

14. What are we learning?

15. We added a fourth diamond to take account of the market context

16. We are doing more sourcing of innovation than stimulating Identifying Source & sense-check Incubating Accelerating Research Engage stakeholders Seek innovators Scan the horizon Identify demand and supply Market test Broker connections Enable feedback