New crowdfunding site Beam helps homeless people train for work in U.K., with over £30,000 ($42,800) raised as of January 2018

Briefing

New crowdfunding site Beam helps homeless people train for work in U.K., with over £30,000 ($42,800) raised as of January 2018

January 10, 2018

Briefing

  • Crowdfunding for Homeless – Crowdfunding platform Beam launched in September 2017, helping homeless people in U.K. train for work
  • Strong Support – Backed by The Mayor of London and innovation foundation Nesta, with best-selling author James Bowen as ambassador
  • How Beam Works – Partnering charities endorse homeless people with potential for work to Beam, which then raises money from public, as well as companies, to support workers’ training
  • Funding Options – Public can donate to individual campaign or send monthly donation that equally allocates funding to all campaigns
  • Accomplishments – Include 12 fully-funded campaigns, over £30,000 ($42,800) raised, and 10 career paths supported (e.g. teaching assistant, electrician, accountant, courier, and construction site manager)
  • Goal – Help 100 homeless people by September 2018, eventually reaching thousands per year by 2023

Accelerator

Market Disruption

Business Model and Practices

Business Model
and Practices

Organization

Beam Up Ltd., Nesta

Source

Original Publication Date

January 8, 2018

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