Big Venture Challenge entrepreneurs hit £5 million investment target

Big Venture Challenge entrepreneurs who are tackling some of the UK’s toughest social challenges have attracted £5 million of investment 16 months ahead of schedule.

One of those to benefit is Alice Lacey, an award-winning social entrepreneur and founder of now>press>play. Her venture provides primary schools with an affordable learning resource that brings the curriculum to life through sound, story and movement, using wireless headphones.

“The way we teach our children has barely changed in 150 years,” says Alice. “I want to see an education system that meets the needs of children, and not the other way round.”

now>press>play has actively targeted its teaching methodology at schools in some of the most deprived wards in London and believes its techniques may be most beneficial to children who tend to react least to traditional read/write learning methods. It aspires to reduce the educational attainment gap that exists in the UK between young learners from wealthier and more deprived backgrounds.

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We are proud to be supporting the growing number of people, like Alice, in the UK and internationally, who hold the key to solving some of the most profound societal problems that we face nationally. These social entrepreneurs are – innovative, ambitious, entrepreneurial, individuals who are focused on delivering social change through business-style models and projects.

Big Venture Challenge along with our partners ClearlySo have been successful in attracting new angel investors to the ‘investment for good’ space.The five millionth pound came from new social angel investor, Ian Vincent, as he made his investment in now>press>play.

“The concept of being a social angel investor truly appeals to me,” said Ian. “I am deeply drawn to ideas leading to social progress and know that I will be able to use my business skills to leverage scale with now>press>play.”

Big Venture Challenge opens today for applications to the final cohort beginning in 2015. Entrepreneurs like Alice who are tackling some of Englands toughest social challenges and are ready to scale and need investment should go to>



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