Open venturning gen

THE FUTURE IS OPENOPEN VENTURE ACCELERATOR

Launchpadpowered by

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We believe the next generation of Impact Start ups will seek to combine the attributes of “open source venturing” with “social” as method of operating in the world +“long ” in terms of financing - a transparency and structure to unleash positive material impact at scale.

UNREGULATED PRIVATE

ENTERPRISE

PRIVATE ENTERPRISE REGULATED BY PUBLIC

SELF REGULATING FUTURE OF OPEN

VENTURING

PUBLIC UNABLE TO REGULATE PRIVATE

ENTERPRISE

The Future is OPEN

principles

BETA Version 1.1 - July 2013

3

O

S

L

OPEN

behaviourSOCIAL

structureLONG

PUBLIC REGULATE SOCIAL ENTERPRISE

Since 2005, we have been building a global platform for change. Hub Islington launched in 2005 and since then the global Hub network of 6000 socially driven startups has emerged across 5 continents in 38 locations. In 2011, Hub Westminster was launched to scale impact, developing 12,000 sq ft of space with learning and investment structures.

More recently, an increasing number of open domains have been maturing and developing. From the more established open domains of open source programming such as GitHub to OpenGov in open data and the WikiHouse for open source construction.

The time is rightfor an Open Venture Movement


2005

Open Data

Open Platform

Open Domains

20082009

20112013

Open Source Construction

OPEN VENTURE MOVEMENT

OPEN

DATA.GOV.UK Beta

Opening up Government

Open Source Code

GitHub

The time is right...

A decentralised global peer network of HUBs in 38 locations across 6 continents

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SFO

AMS

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JNB

DXB

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TLV

SIN

BRI

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BRU BUH

HEL

CPH

MAD

MIL

PRG

RTM

ROMROVSIR

TMP

VIE

ZRH

HFX

LAX

OAX

BHO

CBA

SPO

OTW

BKY

SEA

ASIA

NORTH AMERICA

EUROPE

AUSTRALIAAFRICASOUTH

AMERICA

1

We believe a new Open Economy is in the making – one that is open-source, collaborative and driven by transparency. We see this as an economy driven by inventors and intrapreneurs as well as start-ups.

HUB LAUNCHPAD is inviting you to join the Open Venture Movement to accelerate the Open Economy and grow the next generation of inventors, company founders, intrapreneurs and collaborators committed to open and transparent ventures.

The aim is to build an Open Economy where corporate purpose is to create material positive impact on society and the environment.

To build platforms and infrastructures to seed ventures that are committed to open and transparent practices in all jurisdictions they operate in and throughout their supply chain.

Around the world, people are asking for openness. Transparency about tax, participation in products, accountability in finance.

An economy that is open will be more democratic, productive, fairer and less harmful.

An Open Economy.

An Open Venture Movement to build an OPEN ECONOMY


2

So what is needed?

HUB PLATFORM AS PHYSICAL INFRASTRUCTURE

JANUARY 2005

GLOBAL NETWORK OF INNOVATORS AND START UPS

JANUARY 2005

DELIVERY OF FUNDS VIA ACCELERATOR PROGRAMMES

MARCH 2013

WE IDENTIFIED THAT THE RIGHT FORM OF FUNDS AND THEIR DELIVERY WAS MISSING FROM THE PIPELINE.

THIS HAS LED US TO LOOK AT WHAT OUR MODEL OF GROWTH COULD BE.

+


INFRASTRUCTURE COMMUNITY FUNDS+

4

The ContextThe UK is globally leading the social investment & finance market and we have seen a significant growth of social funds for social minded businesses.

However, our critical analysis of the social venture landscape shows that there are key issues that need to be addressed.

It is widely recognised (eg NESTA’s Growing Social Ventures) of a significant gap in the Social Venture Investment landscape at early stages where ventures need time to shape business models and understand social impact.

Our own learning from the HUB network, A-Fund and entrepreneur led Missions shows us that conventional incubators for small scale social ventures support those with fixed ideas with insufficient scope for supporting promising people to evolve their projects in response to a rapidly developing marketplace.

This causes a market dislocation or “broken pipeline” between market place need, investors and potential ventures.

We need to get better at supporting founders - not just their projects.

Key issues identified

Social investment Funds are too broad

Cohort sizes too small

Over generic programme support

Over emphasis on business plan

Broken pipeline : lack of development at pre venture stage

“Hero” Investment Selection

Exit Strategy focus


101

#1

#2

#3

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Our model of growthWe looked at acceleration, and decided that it needed to be done differently. The HUB Launchpad proposes a different approach to incubation and acceleration, based on our learning of almost 6000+ social ventures across a spectrum of social and civic domains.

HUB Launchpad as a platform enabling and accelerating communities

35 X

Thematic programme approach to create depth of expertise in specific domains

Targeting the ecosystem of venture developers to support open ventures

Peer to peer model for investment decision making

A critical mass size of minimum 35 founders for accelerator within a wider support ecosystem of 2000+

Seeking startups, intrapreneurs and inventors


FEEDBACK LOOP >>> REINVESTMEN

T PLATFORM (MIMINAL LEAKAGE)

PUBLIC SERVICE

INNOVATIONCOMMUNITY

PHYSICAL : HUBS

PEDAGOGY : OPEN MOVEMENT

CAPITAL : HUB LAUNCHPADDIGITAL : OPEN PLATFORM

OPEN MANUFACTURING

COMMUNITY

OPEN CIVICCOMMUNITY

OPEN FINANCE

COMMUNITY

6

LEAD ON THE PROGRAMME OBJECTIVES AND OUTCOMES. SUPPORTING THE FACULTY, INCUBATOR TEAMS AND COMMUNITY. TRANSFER KNOWLEDGE BETWEEN COMMUNITIES.

People SystemThe peer to peer community will form the backbone of the Open Movement driving both innovation and knowledge exchange.

Hub Launchpad commits to enabling other drivers through procurement or enablement including spinning out of a Media Startup and investing in local movement builders to engage in authentic and meaningful relationships.


7

HUB LAUNCHPAD LEADERSHIP TEAM

#1

#2

#3 17

OPEN FACULTY

SPECIALIST FACULTIES IN OPEN DOMAINS. FACULTY MEMBERS INVITED BASED ON EXPERTISE TO SHARE AND DEVELOP OPEN DOMAINS. HOSTED AT QUARTERLY FACULTY DINNERS TO EXCHANGE KNOWLEDGE WITH EACH OTHER. INTERACT WITH OPEN MOVEMENT COMMUNITY. ACCESS TO FACULTY FUND TO DEVELOP OPEN PROJECTS.

LON

DON M

OVEMENT BUILDER

BIRM

INGH

AM MOVEMENT BUILDER

M

EDIA STARTUPPUBLIC SERVICE

INNOVATION INCUBATOR

OPEN FINANCE INCUBATOR

OPEN MANUFACTURING

INCUBATOR

OPEN CIVICINCUBATOR

PUBLIC SERVICES ADVISORY COUNCIL

OPEN FINANCE ADVISORY COUNCIL

OPEN MANUFACTURING

ADVISORY COUNCIL

OPEN CIVIC ADVISORY COUNCIL

EACH THEMATIC INCUBATOR HAS A THEMATIC LEADERSHIP TEAM TO HOST THE COHORT AND DOMAIN COMMUNITY

OPEN COMMUNITY

SUPPORT THE LEADERSHIP TEAM IN SPECIALIST AREASBRING A WIDER STAKEHOLDER PERSPECTIVEADVOCATE THE OPEN MOVEMENTSUPPORT THE ONGOING FUNDING DEVELOPMENT

COUNCIL PROVIDES WIDER DOMAIN PERSPECTIVE; ADVOCACY OF OPEN DOMAIN;

LEADERSHIP TEAM ADVISORY COUNCIL

Company Structure

MEMBERS

HUB LAUNCHPAD LIMITED BY GUARANTEE

ACCORD GROUPDO LABORATORIESHUB WESTMINSTERTHE LONG RUN VENTURE

HUB LAUNCHPAD DIRECTORS BOARD

JAS BAINS (ACCORD)SCOTT CAIN (LONG RUN VENTURE)INDY JOHAR (DO LABORATORIES)

HUB LAUNCHPAD TEAM

HUB LAUNCHPAD PROGRAMME DIRECTOR

HUB LONDON LAUNCHPAD MANAGER HUB BIRMINGHAM LAUNCHPAD MANAGER

PUBLIC SERVICE INNOVATION PROGRAMME TEAM(FUTUREGOV)

OPEN FINANCE PROGRAMME TEAM(FINANCE INNOVATION LAB)

OPEN CIVIC PROGRAMME TEAM(TBC)

OPEN MANUFACTURING PROGRAMME TEAM(FUTURE MANUFACTURING FORUM)

LAUNCHPAD PARTNERS

BIG ISSUE INVEST (INVESTMENT SUPPORT)NIXON MCINNES (MOVEMENT BUILDING)DATASCIENCE LONDON (BIG DATA)INNOVATION INVESTMENT JOURNAL (LEARNING)HUB WESTMINSTER (MEMBERSHIP BASE)

HUB LAUNCHPAD INVESTORSACCORD GROUPCABINET OFFICE

PROGRAMME ADVISORY

GROUP

PROGRAMME ADVISORY

GROUP

PROGRAMME ADVISORY

GROUP

PROGRAMME ADVISORY

GROUP

LAUNCHPAD ADVISORY GROUP


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THE PROGRAMME


LAUNCHPAD PROGRAMMEOPEN COMMUNITYTHEMATIC PROGRAMMES

PUBLIC SERVICES INNOVATION (2013)

FUTUREMANUFACTURING (2016)

URBAN BIG DATA

HEALTH

EDUCATION TECHNOLOGY

OPEN CIVIC (2015)

TBC

FINANCE INNOVATION (2014)

GREATER BIRMINGHAM REGION200 SCHOLARSHIPS

4 HACK WEEKENDS

2 X 14 WEEK FULL TIME ACCELERATOR PROGRAMMES

2013 : PUBLIC SERVICE INNOVATION 2015 : MICRO & DIY MANUFACTURING

70 SOCIAL VENTURE FOUNDERS

£1,750,000 INVESTMENT INTO FOUNDERS

GREATER LONDONREGION200 SCHOLARSHIPS

4 HACK WEEKENDS

2 X 14 WEEK FULL TIME ACCELERATOR PROGRAMMES

2014 : FINANCE INNOVATION 2014 : PUBLIC SERVICE INNOVATION

70 SOCIAL VENTURE FOUNDERS

£750,000 INVESTMENT INTO FOUNDERS

TEAM BUILDING + DISCOVERY OF TALENT + PEER TO PEER DISCUSSIONSAGGREGATE CHALLENGES SEEDED BY HUBONAUTS ONGOING

CHALLENGE PLATFORM

50,000 + GLOBAL COMMUNITY

WEEKLY EVENTS HOSTED BY RESIDENT HOSTS. 3 EVENTS PER WEEK, LEVERAGING NETWORKS OF RESIDENTS.

speakers dinners culture

£2.5MINVESTMENT

AWARDS

70VENTURES

140FOUNDERS

2000ENTREPRENEURS

BIG DATA & OPEN DATA

COMMUNITY

TOP UNIVERSITY

RESEARCHERS

MAVENS SCHOOL

LOCAL COUNCILS

OPEN + SOCIAL + LONG ORGANISATION MOVEMENT

OPEN VENTURE FACULTY

DATA GOVT POLICY PUBLIC

3 X

4NO.OTHER JOURNEYS

4

2+

1 x £25,000

RAISES AWARENESS ON THEMES & BUILD A COMMUNITY CLUSTER & RAPID PROTOTYPE YOUR TEAM

HOUR HACK EVENT FORMAT

£46,000 INVESTMENT AWARDS EACH PROGRAMME

TOTAL £2.5 MILLION INVESTMENT AWARD

TOTAL 140 OPEN VENTURE FOUNDERS

£

PEER INVESTMENT PRIZES

INVESTMENT COMMITTEE PRIZE

£2350 MONTHLY STIPEND / FOUNDER

MIN. 2 CO-FOUNDERS PER TEAM

FULL TIME 14 WEEK ACCELERATORS

2

48

X 35

=

IN BIRMINGHAM

2 IN LONDON

£

FINANCE MANUFACTURING

100 NIGHT SCHOLARSHIPSX 4 PROGRAMMES

3 MONTH EVENING MEMBERSHIPS TO HUBS PROVIDING ACCESS TO PEER STARTUP COMMUNITY, STARTUP RESOURCES AND EVENTS

HIGH PROFILE HACK CAMPS AS MARKET MAKING FOR EACH PROGRAMME

+8 TOTAL CAMPS OVER 4 PROGRAMMES

PUBLIC SERVICES

OPEN CIVIC

SUPPORT TEAM

OTHER PROGRAMMES

PEER MENTOR

OPEN COMMUNITY

LAUNCH CAMP

HACK-CAMP

9

To start, we are focusing on four of the biggest opportunities that the UK has to re-build its economy and society

OPEN CIVIC

Reinventing models of everyday civic enterprises

such as the high street cornershop

OPEN FINANCE

Developing financial tech instruments to build an open economy such as community

backed micro finance

PUBLIC SERVICES

Innovating the service delivery of public sector services such as health

OPEN MANUFACTURING

Self build, open source manufacturing sector such

as Wikihouse.cc

EDUCATION TECH

Innovating technological products & infrastructures to

support education

URBAN BIG DATA

Open & big data driven business models and

leveraging the emerging availability of urban

environmentsand ones in progress...

HEALTH

Innovation in health products and design

tackling health challenges affecting society


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£4 MILLION FUNDING SECURED

SUPPORT

What has been achieved so far?ACHIEVED & CONFIRMED ACHIEVED & CONFIRMED

CABINET OFFICEACCORD GROUP (NOT FOR PROFIT)BIRMINGHAM CITY COUNCILWESTMINSTER CITY COUNCILLONG RUN VENTUREDO LABORATORIESHUB WESTMINSTERDATASCIENCE LONDONOPEN INSTITUTEFUTUREGOVFINANCE INNOVATION LABFUTURE MANUFACTURING FORUMBIG ISSUE INVEST

LAUNCHPAD PROGRAMME

Make an open call out for innovators in Open domains to help form an Open Venture Charter.

400 NIGHT SCHOLARSHIPSAN INVITATION TO COME HELP US BUILD A CHARTER

LAUNCHPAD PROGRAMME

We have currently committed to deliver 4 programmes within the Hub Launchpad programme. Each with a theme including; Public Services, Open Finance, Open Manufacturing, and Open Civic. We have ambitions to build on the

4 YEAR PROGRAMME4 THEMATIC PROGRAMMES

LAUNCHPAD PROGRAMME

We will be awarding investment in 2 forms - 4 number of Peer Investment awards selected by the cohort; and a single Hub Launchpad Investment Panel award.Monthly stipends will also be awarded as part of the investment.

£2.5MILLION INVESTMENT AWARDSPEER & INVESTOR INVESTMENT AWARDS

LAUNCHPAD PROGRAMME

We have current funding and partnership support to deliver the Hub Launchpad programme in London and Birmingham. Our intent is to build infrastructures that can enable

LONDON & GREATER BIRMINGHAMDELIVERY OF PROGRAMMES IN 2 ENGLAND LOCATIONS

£1.5M FROM CABINET OFFICE

£1.5M MATCH GRANT FROM ACCORD HOUSING GROUP

£1M INVESTMENT FROM BIRMINGHAM CITY COUNCIL

LAUNCHPAD PROGRAMME

A minimum of 35 founders per cohort will be supported with access to a peer community, experts in Open domains, space and events.

140 VENTURE FOUNDERS140 BENEFICIARIES OVER 4 FULL TIME ACCELERATOR PROGRAMMES


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What we are building from June - September 2013

BUILDING AN OPEN VENTURE COMMUNITY OF 2000+

A community of inventors, intrapreneurs, startups, commissioners, end users, and the geeks to inform and develop the open ventures of the Open Economy. We are seeking the potential founders as well as the ecosystem of talent they will need to develop their open ventures.

Make an open call out for innovators in Open domains to help form an Open Venture Charter. Ventures that are committed to open and transparent practices in all jurisdictions they operate in throughout their supply chain.

OPEN VENTURE MOVEMENT CHARTER

AN INVITATION TO COME HELP US BUILD A CHARTER

A faculty of experts and inventors in key cross disciplinary Open domains.

Each thematic programme would independently have an Advisory Council, drawing from the Open Faculty.

AN OPEN FACULTY

AN INVITATION TO COME JOIN THE OPEN FACULTY

Set the conversation going in a public forum with invited authors to engage in an open debate on all Open debates to build an Open Economy. We aim to do this by supporting the launch of a start up.

INVEST IN AN OPEN VENTURE MEDI A STARTUP

CURATION OF CONTENT ON OPEN DOMAINS CONTRIBUTING TO OPEN VENTURE DEVELOPMENT

Hosting a launch festival on the Open Venture Movement bringing together collaborators, inventors and startups in Open Domains to hack the future of the Open Venture.

OPEN VENTURE UNCONFERENCE & EVENTS

EVENTS TO SUPPORT THE DEVELOPMENT OF THE OPEN VENTURE DEBATE

Online articles & contentSocial MediaEvents

Open & Transparent Tax, Pay and OwnershipOpen & Transparent Legal Entities & Asset HoldingsOpen & Transparent Economic activitiesOpen & Transparent Corporate Policy & GovernanceFreedom of speech for all employees, customers and supply chainFounders and directors to require consideration of non-financial stakeholders as well as financial interests of shareholders. A corporate purpose to create material positive impact on society and the environment.

Open Faculties:Open AgricultureOpen BusinessOpen CultureOpen DataOpen DesignOpen EducationOpen EnergyOpen EnvironmentOpen FashionOpen FoodOpen FinanceOpen GovernanceOpen HardwareOpen Health

Open HousingOpen InfrastructureOpen InitiativesOpen LawOpen LicensingOpen ManufacturingOpen MediaOpen Policy Open RetailOpen ResearchOpen ScienceOpen SoftwareOpen TechnologyOpen Transport

Startup founders InventorsIntrapreneursCommissionersEnd UsersResearchersCivil ServantsProgrammersDesignersMakers

Open Venture Hack FestivalWeekly hosted dinnersWeekly hosted cultural eventsWeekly hosted lecturesQuarterly Open Faculty eventsSeries of 24 hour hack camps

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12

The building blocks

2. BUILDING AN OPEN VENTURE COMMUNITY OF 2000+

1. OPEN VENTURE MOVEMENT CHARTER

PRINCIPLES OF THE OPEN VENTURE

3. AN OPEN FACULTY

AN INVITATION TO COME JOIN THE OPEN FACULTY

4. INVEST IN AN OPEN VENTURE MEDI A STARTUP


5. OPEN VENTURE UNCONFERENCE & EVENTS


A DIVERSE AND COMPLETE ECOSYSTEM NEEDED FOR AN OPEN VENTURE TO THRIVE

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13

1. OPEN VENTURE MOVEMENT CHARTER

Make an open call out for innovators in Open domains to help form an Open Venture Charter. Ventures that are committed to open and transparent practices in all jurisdictions they operate in throughout their supply chain.

AN INVITATION TO COME HELP US BUILD A CHARTER

Open & Transparent Tax, Pay and OwnershipOpen & Transparent Legal Entities & Asset HoldingsOpen & Transparent Economic activitiesOpen & Transparent Corporate Policy & GovernanceFreedom of speech for all employees, customers and supply chainFounders and directors to require consideration of non-financial stakeholders as well as financial interests of shareholders. A corporate purpose to create material positive impact on society and the environment.


14

2. BUILDING AN OPEN VENTURE COMMUNITY OF 2000+

A community of inventors, intrapreneurs, startups, commissioners, end users, and the geeks to inform and develop the open ventures of the Open Economy.

We are seeking the potential founders as well as the ecosystem of talent they will need to develop their open ventures.

Startup founders InventorsIntrapreneursCommissionersEnd UsersResearchersCivil ServantsProgrammersDesignersMakersStatisticiansPolicy Officers


15

3. AN OPEN FACULTY

AN INVITATION TO JOIN THE OPEN FACULTY

A faculty of experts and inventors in key cross disciplinary Open domains.

Each thematic programme would independently have an Advisory Council, drawing from the Open Faculty.

Open AgricultureOpen BusinessOpen CultureOpen DataOpen DesignOpen EducationOpen EnergyOpen EnvironmentOpen FashionOpen FoodOpen FinanceOpen GovernanceOpen HardwareOpen Health

Open HousingOpen InfrastructureOpen InitiativesOpen LawOpen LicensingOpen ManufacturingOpen MediaOpen Policy Open RetailOpen ResearchOpen ScienceOpen SoftwareOpen TechnologyOpen Transport


16

BETA Version 1.1 - June 2013

SIMON PARKER

Director, New Local Government Network, The Open Economics Working Group is run by the Open Knowledge Foundation in association with the Centre for Intellectual and Property Law (CIPIL) at the University of Cambridge.

NEW LOCAL GOVERNMENT NETWORKUK

VALERIE HANNON

Founding Director of the Innovation Unit. Valerie began her career as a secondary school teacher in London, and has subsequently been a senior researcher (University of Sheffield) and a Director of Education (Derbyshire UK).

INNOVATION UNITUK

PUBLIC SERVICE INNOVATION COUNCIL INVITATIONSDERRICK ANDERSON

CBE, is the Chief Executive of Lambeth Council - Co-op council developer of many forms of open gov.

LAMBETH COUNCIL

UK

MARC VENTRESCA

Economic sociologist in the Strategy, innovation and Marketing faculty. His areas of expertise include market formation, entrepreneurship, governance and innovation

SAID BUSINESS SCHOOL, OXFORD UNIVERSITY

UK

BRUCE DAVIS

Created AG, a Renewable Energy Crowdfunding platform, co-founder of Zopa and is interested in the 'democratisation of finance'

ABUNDANCE GENERATIONUK

OPEN FINANCE COUNCIL INVITATIONSROBIN BROWNSELL

Robin is Co-Founder of Tusmor Ltd., an organisation focused on helping new challenger banks enter the UK market by lowering the barriers to entry

TUSMOR LTD

UK


4. INVEST IN AN OPEN VENTURE MEDIA STARTUP

Set the conversation going in a public forum with invited authors to engage in an open debate on all Open debates to build an Open Economy. We aim to do this by supporting the launch of a start up.

Online articles & contentSocial MediaEvents


17

Open Venture Hack FestivalWeekly hosted dinnersWeekly hosted cultural eventsWeekly hosted lecturesQuarterly Open Faculty eventsSeries of 24 hour hack camps


17

5. OPEN VENTURE UNCONFERENCE & EVENTS

Hosting a launch festival on the Open Venture Movement bringing together collaborators, inventors and startups in Open Domains to hack the future of the Open Venture.


18

Timeline

BUILDING AN OPEN VENTURE COMMUNITY OF 2000+

OPEN VENTURE MOVEMENT CHARTER

AN OPEN FACULTY

INVEST IN AN OPEN VENTURE MEDI A STARTUP

OPEN VENTURE UNCONFERENCE & EVENTS

JUNE JULY AUGUST SEPTEMBER

Identify top 5 departmental academic institutions to approach:5 global, 5 UK.

Define the type of people we are looking for

Rounds of invitations to Open Faculty

Search and commission Media Startup Curator

HLP team to launch 3 articles

Negotiate & finalise agreement with OI team that we approach

Commission authors for thought pieces

Launch 3 channel online platform to engage community

Beta launch of Open Faculty and Open Advisory Councils

Open Faculty first quarterly dinner

Write/edit more Open Venture Movement articles

Launch faculty fund

Open Venture Movement Unconference

Open Faculty second quarterly dinner

Launch Open Venture Media Startup #1

Launch Programme 1 : Public Service Innovation (Revised start date September 2013 - February 2014)

MONTHLY MILESTONESLaunch Programme 2 : Open Civic

FEBRUARY 2014

Launch Programme 3 : Open Finance

FEBRUARY 2015

Launch Programme 4 : Open Manufacturing

SEPTEMBER 2015

Launch Programme 4 : Open Manufacturing

IN PROGRESS


COLLABORATIVELY BUILT INFRASTRUCTURES

An open invite to build infrastructures for open ventures for a Next Economy

with partners in open domains.

A NOT FOR PROFIT ORGANISATION

Hub Launchpad has been established as a company limited by Guarantee so its mission is

values driven and can act as an engine for other ventures. It is not a capital multiplier for

its founding partners.

OPENLY SHAREDATA

MULTIPLY FUNDS

Leveraging the Hub Launchpad Fund to support the growth of other Open Venture Funds and our community

Hub Launchpad commits to sharing its learning data to advance knowledge in the

Open Venture domain. We aim to build a common infrastructure to enable the

gathering and sharing of data.

TERMS OF ENGAGEMENT

Etiquette : Being respectful of others expertise and experiences and avoiding personal agendasCo-produce & Co-build : Commit to incorporating knowledge from experts and practitioners and seeking their opinion to iterate knowledge. Generative : Using and generating opportunities to build new knowledge, create networks, surface and connect people and resources to advance the development of Open Ventures.Accessible : Individually and collectively making the Open Venture Movement understandable and create multiple opportunities and means for people to self engage or increase their involvement.Open : Commit to a diverse inclusive community, individually and collectively creating frameworks for a plurality of perspectives to be hosted together.

These are our commitments


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The leadership team

Jas is a huge fan of his home town football team, Wolverhampton Wanderers. He's managed to convert this passion into a major charity fund raising endeavour by helping to set up a registered charity - Punjabi Wolves. During the last 6 years PW has raised over £250,000 for various charities. They have even started to build a brick constructed homes housing poor people in India. Jas is also Chief Executive of Ashram HA and Executive Director of Accord Add Ventures. His ambition is to better the feats of Bradley Wiggins and Mark Cavendish.

HUB Launchpad Executive Director

Founder of The Long Run Venture, an organisation focused on supporting businesses and technologies to deliver long run returns in both the UK and globally. Scott is the former CEO of Enterprise UK, the business led campaign to create more entrepreneurial culture among young people; Scott is also a Start-Up Director of Future Cities Catapult, a new world-leading technology and innovation centre.


Indy is a co-founder and director at HUB Westminster. He is also a co-founder of 00, Demos Associate, JRF Anti-Poverty Strategy Programme Advisory Group member and member of the Mayor of London’s SME Working Group, and a director of the Jhawar Impact Ventures Fund in India. Indy has collaborated and spoken at many civic policy and new economy innovation forums including; Demos, Centre of Social Justice, Helsinki Design Lab, European Parliament, LSE.


Margaret is an Associate at The Long Run Venture developing their social missions. Previously she was a Deputy Director at Big Lottery Fund and specialised in creating programmes to tackle social and spatial inequalities, including Local Trust a £200m place based initiative providing social investment and resources to 150 disadvantaged neighbourhoods in England. She has been a trustee and advisor to various arts organisations and charities, and is currently on the board of Community Development Foundation which is a member of the Community Investment Coalition and is campaigning for banking reform and fairer access to resources.

HUB Launchpad Funding Development

Joost’s work on a wide range of neighbourhood regeneration projects, his research for the Compendium for the Civic Economy and his role as a director of Hub Islington has given him a wide range of insights into the aspirations, potential, challenges and needs of social start-ups in the UK and beyond. Starting out as a researcher for Demos, he now leads on a range of research and strategy projects at 00.

HUB Launchpad Operations & Research

Alice is a co-founder of HUB Westminster, a peer community of 450 changemakers and social startups working to make impact for a better world. Alice was recently nominated as a director of Hub Association Board, representing the global network of 38 HUBs with 6000 members. Alice is also a co-founder of 00 and a trained architect.

HUB Launchpad Programme & Partnerships

Jas Bains Scott Cain

Indy JoharMargaret Cooney

Joost Beunderman

Alice Fung


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With support from

Let’s build the Open Venture Movement together.

Let’s build an Open Faculty

to engage all

Let’s write an Open Venture Charter that

becomes a commitment for Open Ventures to lead

by example

Let’s host Open Venture events to engage all those

we need to build the movement, not just the

usual suspects

Let’s write Open Venture Articles to define what

Open needs to be

www.hublaunchpad.net | @hublaunchpad | [email protected]

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Economy & Finance

Open venturning gen