Cancer Research UK turns to social enterprise

Cancer Research UK is turning to social enterprise in the hope of increasing its revenues.

The Open Ventures Challenge in aid of Cancer Research UK, one of the UK's biggest charities, is challenging budding entrepreneurs to come up with ambitious ideas for new ventures which the charity can support in order to generate more money to tackle cancer.

Whether it be independent business ventures, new ventures for an existing company or a new venture for Cancer Research UK to run itself, the Challenge will take these ideas, and the people behind them, through concept creation, team building, funding and launch.

The competition was thought up by Mojo, an organisation which seeks to broaden the pool of people able to participate in positive social change.

Cancer Research UK will select three winners from the ideas submitted who will each receive financial and organisational support to nurture their enterprise in the hope that each one will be able to raise around £10million each over five years.

The public are able to vote on submitted ideas, with some of the highlights including: After School Running Programs, Family Fun Runs and Recycling Advertising Space.

To read more about the competition visit Social Enterprise Magazine.

Visit the Open Ventures Challenge website.


Mike.