UnLtd is starting a new pilot venture this month, with support from the Coutts Foundation, which will help deal with the challenges faced by an ageing population and includes harnessing the experience, expertise and creativity of older people. 

The Solutions for an Ageing Society Awards Programme will offer strategic support and cash awards from £5,000 to £20,000 to 19 social entrepreneurs who tackle the challenges and opportunities presented by a growing ageing population.

UnLtd and the Coutts Foundation believe radical new approaches are needed to address the challenges and opportunities associated with our ageing population, including poverty and disadvantage. The programme is looking for great people with great ideas that will really make a difference to the lives of older people, and is open to applicants from across Scotland, England, Northern Ireland and Wales.

The Solutions for an Ageing Society Awards Programme will offer:

  • A cash award, from £5,000 to £20,000 depending on the stage of your entrepreneurial journey.
  • Access to expert advisors and pro bono professionals who are familiar with challenges facing older people and the social care sector.
  • Support from an Award Manager who can help you to develop or grow your venture
  • Access to business support and powerful connections.
  • Peer-to-peer networking and support from experienced entrepreneurs.

The cash award will depend on the stage of the entrepreneurial journey of the applicant. Whether starting out or scaling up, UnLtd and the Coutts Foundation have a range of awards for every stage.

Deadlines for Expressions of Interest:

  • Do It (up to £5,000) and Build It (up to £15,000) awards – 24 April 2015.
  • Fast Growth awards (up to £20,000) – 16 February 2015.

To find out more, please click here to download and read their prospectus.

Cliff Prior, chief executive of UnLtd said:

Put simply, we’re looking for people who have ideas that will help people age well. It also helps if they tap into the talents of older people and give them the chance to be active through work, leisure and volunteering opportunities. The increasing size of the older population requires us to think differently about ageing – the implications will affect every part of our lives, across generations. We know there are people in the UK who are passionate about this issue and who have the talent and determination to come up with new, sustainable ventures creating the social impact we need.