The Young Academy was designed in response to Social Investment in Education, a Young Foundation report that highlights the potential of social ventures to improve educational outcomes and the challenges they face in scaling up.
The programme builds on The Young Foundation’s long track record of building the sustainability, growth and impact of hundreds of social ventures through programmes such as The Accelerator, Reimagining Rent, Amplify and Realising Ambition.
The Young Academy pilot (2014-2017) was enabled through founding grants from the Office for Civil Society’s Social Incubator Fund (managed by the Big Lottery Fund), Bank of America Merrill Lynch, Esmée Fairbairn Foundation and UBS.
We are delighted to continue delivering the programme through ongoing support from Bank of America Merrill Lynch and UBS.
The Young Foundation finds new ways of tackling major social challenges by working alongside local communities, using the tools of research and social innovation.
The Young Foundation has created and supported over 80 innovative organisations including: Which?, The Open University, Language Line, Social Innovation Exchange (SIX), School for Social Entrepreneurs, Studio Schools, Uprising and Action for Happiness.
Find out more about our work: www.youngfoundation.org
James is responsible for The Young Foundation’s innovation development programmes and has led the Young Academy Accelerator and Investment Fund since 2015.
He has worked with dozens of social ventures across the UK and across multiple sectors to develop their business models, increase their impact and access funding.
James is a qualified accountant and has a background in business consulting and finance.
Tatevik manages the design and delivery of the accelerator and provides project management support across our innovations programmes.
Her focus is on helping ventures to refine their products/services and develop their business models.
Tatevik previously worked for a cultural charitable foundation and has a background in policy and arts.
Anshu is The Young Foundation’s expert lead on social investment. She manages the Young Academy investment fund, helping our high-impact social ventures to access investment and leading on due diligence and portfolio management.
Anshu has several years’ experience in the social finance sector and previously worked in banking.
NPC is the Young Academy’s impact partner. NPC is a think tank and consultancy that helps our ventures to establish a culture of evidence as they implement and improve their programmes.
Whole Education is the Young Academy’s education partner. Whole Education is a partnership of schools that helps our ventures to increase the impact and effectiveness of their programmes and build links with the education sector.
Over 70 volunteers from our partners Bank of America Merrill Lynch and UBS have provided over 2,100 hours of pro bono support to Young Academy ventures since 2014.
Volunteer mentor, Fiona King, Bank of America Merrill Lynch, said: "This volunteering gave me the opportunity to use the skills and experience I have built up during my professional career in a new and interesting way, giving me the chance to have a direct impact on a small, but very high potential company."
Decisions about investments from our fund are made by the Young Academy investment committee. The committee is made up of people with a wide range of expertise spanning education, innovation, finance and investment.