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New innovation fund launched

The Innovate to Save fund is a unique partnership between the Welsh Government and Y Lab – itself a partnership between Cardiff University and the innovation charity Nesta – and will work closely with the Wales Council for Voluntary Action.

The new fund will provide repayable and non-repayable funding and non-financial support to Welsh public services and the third sector. Non-repayable funding will support organisations to prototype, test and develop complex and innovative changes to the way services are delivered. 

All areas of the Welsh public and third sectors will be able to apply for Innovate to Save funding. Organisations submitting proposals will also be able to draw on the resources and experience of Nesta and Cardiff University to expand the scope of projects.

The new fund will operate alongside the successful Invest to Save fund, which has been operating since 2009 and has supported 160 projects. In addition to the £5m Innovate to Save fund, £15m will be available through Invest to Save in 2017-18.

Professor Drakeford said:  

“At a time of reducing budgets, change is a necessity not a choice. More scarce resources and growing demand means all public services must think and work differently, if we are to continue to provide the level of services people need.

“Our new £5m Innovate to Save fund has been developed in partnership with Y Lab and we hope to see a range of projects coming forward from across the Welsh public and third sectors. The savings generated will not only be re-invested in services but will improve outcomes for people and will be able to be rolled out more widely.”

Professor Adam Fletcher, Y Lab academic director, said: 

“Public services staff in Wales are best placed to solve the biggest challenges facing their own services. This new Welsh Government initiative means Y Lab will be able to work with teams from across Wales to help them to develop solutions to persistent problems, put those ideas into practice and trial them.

“Universities have typically been very good at researching public services and recommending what they should do differently but not so good at working with public services teams to help them to innovate.

“By working in partnership with Nesta, Cardiff University is leading the way in the UK by designing, delivering and evaluating major new innovation funds such as this.”

Helen Goulden, executive director, Innovation Lab, Nesta, said: 

“Motivation for governments to rethink and re-shape the way that they engage citizens or deliver services is currently riding high, with examples of governments from across the world choosing to finance public sector innovation.

“Our partnership with the Welsh Government is ambitious, seeking to tackle some of the most complex issues currently facing our public services – and generate cashable savings. The Innovate to Save model is new, blending different kinds of finance and intensive support to achieve this goal.

“Over the next two years it will, I hope, provide the evidence to justify it’s replication in many other areas.” 

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Paul Nuttall does not stand up for working people – Lavery

Ian Lavery, Labour’s Elections and National Campaign Co-ordinator, responding to Paul Nuttall’s speech to UKIP Spring Conference, said:

“You cannot trust a word Paul Nuttall says, he’ll say anything to try and get elected. His speech today is simply more empty rhetoric from the leader of a failing party that has no answers to the challenges we face.

“Paul Nuttall does not stand up for working people, just as he does not stand up for the people of Stoke. All he wants is to get to Westminster to back the Tories and privatise our NHS.  A vote for him is a vote to break up the health service as we know it.”

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Green Party condemns UKIP proposal to spend foreign aid cash on NHS

17 February 2017

*Jonathan Bartley, Green Party co-leader: “There’s nothing anti-establishment about scrapping help for those in need”

The Green Party has responded to UKIP leader Paul Nuttall’s plan to divert foreign aid spending to the NHS, which he raised during a speech at UKIP’s spring conference in Bolton.

Jonathan Bartley, Green Party co-leader, said:

“There’s no denying the NHS is in crisis but snatching money away from poorer countries is not the answer. There’s nothing anti-establishment about scrapping help for those in need.

“Nuttall is trying to pretend this is a silver bullet solution but we need to be honest – there’s a simple way to ease the pressure on our overburdened NHS and that’s to make the richest pay more tax. Our foreign aid spending is crucial to help stamp out inequalities around the world. A solution that simply creates another problem elsewhere is no solution at all.”

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Labour will support new-tech co-ops to help fight the “Uberisation’ of the workplace

John McDonnell MP, Labour’s Shadow Chancellor, speaking at the Open 2017: Platform Cooperatives conference at Goldsmiths University in London today, said:

“The discussion of the challenges for the modern world of work posed by the so called ‘gig economy’ are nothing new. They represent an age-old threat to diminish the hard-won workplace rights, terms and conditions offered by full-time employment.

“However, as technology changes so too does the nature of the threat to job security in the new world of work. That is why it’s exciting to see the ideas and the discussions on how we can help build the economy and society of the future that secures sustainable, well paid jobs.

“Rather than running away from innovation and technological advances, we need to see where we can use them to adapt to the challenges they may present to full-time work.

“The power that these changes in technology give us all is the ability to pool our collective talents and skills and produce wealth not just for the benefit of a tiny handful at the top, but for all of us. It can help us mitigate the potential growth in the ‘Uberisation’ of the workplace.

“Digital technology means there is no longer a convincing reason to allow the wealth of society to be taken by a tiny elite, instead of shared for the many. The old rules about the supposed efficiency of the free market and the private firm are being rewritten right in front of us.

“That’s why the next Labour government will be completely committed to fixing our rigged economy and promoting the co-operative ownership of the wealth we produce, doubling the size of the co-operative sector. We’ll support the development of platform co-operatives instead of allowing new technologies to be exploited for the benefit of an elite few.

“The new National Investment Bank and network of regional development banks will be tasked with supplying the funding to help support a new generation of co-operatively owned Ubers and Airbnbs.”

Ends

Notes to editors:

•         For more on the event please see here for more information:  https://2017.open.coop

•         Shadow Chancellor John McDonnell MP speaking at the Open 2017: Platform Cooperatives conference at Goldsmiths University in London today announced Labour’s support for platform co-operatives by freeing up funding from the National Investment Bank and regional development banks as part of developing a more entrepreneurial state.

•         As part of Labour’s plans to help double the size of the co-operative sector in our economy to £70bn National Investment Bank (NIB) and network of regional development banks will be charged with breaking the existing barriers in the UK financial system that see SMEs and co-operatives unable to access the finance they need to prosper.

•         Labour’s NIB and the regional development banks will be explicitly mandated to provide funds to co-operative enterprises with innovative businesses models, including those social enterprises whose websites and apps are designed to minimise the costs of connecting producers with consumers in the transport, accommodation, cultural, catering and other important sectors of the British economy.

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