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Status
Received: on time
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Income
£0.0K
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Spending
£2.6K
Public benefits
1) The advancement of education and vocational training of the public in N I and, in particular, to promote and advance education in entrepreneurship and related vocational skills; The Trust works to help bridge the gap between research and its conversion into economic value, ( the “Valley of Death”). There are three phases to this, 1. Inspiring
all children, their parents and other influencers to participate in the Knowledge Economy; 2. Facilitating (disinterestedly) the nation’s most successful to provide mentoring and advice to the nation’s most promising, pro bono and unconditionally; and 3. Acting as an expert but disinterested party to bring together the disparate worlds of academe, industry & commerce and government to advise on policies. The aim is to deliver practical education and vocational training in the skills of entrepreneurship, especially in science- and technology-based businesses. Programmes of support are delivered by the most successful to the most promising, at no cost and unconditionally. The direct benefits which flow from this purpose include an increase in the knowledge, understanding and the skills of the public generally and in particular children and young people with regard to business and entrepreneurship allowing individuals to manage and grow businesses as successfully and quickly as possible. The benefits are demonstrated through regular feedback and independent evaluation. The benefit does not lead to harm. The beneficiaries for this purpose are the recipients of the training and support provided by the Trust. The public generally in N I are benefited indirectly. There is no direct private benefit. 2) The advancement of education in science and technology in the UK by conducting, commissioning, promoting and assisting with scientific and technological research and publishing and disseminating the useful results of such research; The Trust promotes the mutual understanding of the benefits of advances in science and technology and to use its expert but neutral status to assist academe-industry collaborations. Examples include providing the chairing or convening role for such as the NIACE, ECIT and UU Engineering Faculty Industrial Liaison Panel and the NI Science Industry Panel, Matrix. An example of this purpose is a major annual study; The Knowledge Economy index (KEI-see ‘What we do’) and its promotion throughout society and especially to policy makers through the creation of networks and through the collaboration of the normally disparate worlds of business, government and academe. The direct benefits which flow from this purpose include the greater provision for and the better teaching of science and technology for the public generally and in particular children and young people. The benefits are demonstrated through the advancement of the KEI. The purpose does not lead to harm. The beneficiaries of this purpose are the public generally, but especially children and young people, in the UK but in particular N I. There is no private benefit. 3) The promotion of volunteering to achieve any charitable purpose and, in furtherance of that object, to promote, inform and raise awareness of volunteering in connection with related sectors in N I; Entrepreneurs learn more productively through peer-to-peer learning from those have ‘done it before’. These Entrepreneurs-in-Residence (EIRs) pledge one day a week, pro bono and unconditionally. The direct benefits which flow from purpose include the spread of the culture of “giving back” by volunteering to support new entrepreneurs and business. Through the guidance of volunteers the success or equally important failure of a knowledge based business is accelerated. The benefits are demonstrated through regular feedback and independent evaluation of the services provided. The purpose does not lead to harm. The beneficiaries of this purpose are the public generally and in particular those who avail of the training and support
... [more] [less]What your organisation does
1st objective Frameworks Frameworks workshops offer pro bono content-rich, targeted, educational programmes that help young to mid-staged companies build a business around their promising science or technology. Subject matter expertise is provided by knowledgeable top-tier professionals and industry veterans to facilitate the transfer of knowledge
and experience. 2nd objective Invent This is a programme open to business and the research base in NI and is intended to encourage them with the pro bono help of mentors to develop their technology-based business ideas and present them to an audience of experienced business people, entrepreneurs and investors. KEI The N I Knowledge Economy Index tracks the health of the N I innovation economy. The data helps policy makers and trade organisations plan and advocate effectively for sufficient workforce housing, transportation solutions, zoning and availability of resources. 3rd objective Springboard This is a programme which offers coaching and mentoring to promising entrepreneurs and their teams. It efficiently leverages a broad network of existing regional (and global) talent, and meaningfully engages them in identifying, qualifying, preparing, and then presenting the most promising opportunities to the community. Through this ‘crowd sourcing’ model, these opportunities are given the opportunity to reveal their ‘flaws’ in a constructive setting, and gain insights in how to successfully adapt going forward. 4th objective Generation Innovation Generation Innovation is a programme supporting those young people from Northern Ireland with the highest potential to succeed in the new economy with the aim of encouraging our young people to consider future careers in the new economy US-NI Mentorship programme The US – NI Mentorship Program is a planned one-year work placement program for residents of N I to work in a US corporation in the United States.
... [more] [less]The charity’s classifications
- The advancement of education
- The advancement of citizenship or community development
- The advancement of the arts, culture, heritage or science
Who the charity helps
- Adult training
- Children (5-13 year olds)
- General public
- Men
- Women
- Youth (14-25 year olds)
How the charity works
- Advice/advocacy/information
- Community enterprise
- Economic development
- Research/evaluation
- Volunteer development
