”Over the past 14 years Nesta has backed hundreds of creative individuals and dozens of new enterprises, charities and projects of all kinds, from inventors of new materials to makers of videogames, and providers of childcare to communities finding solutions to climate change.
Nesta has also promoted better understanding of innovation, designing new methods for measurement and new policies, as well as innovative tools, ranging from accelerators for start-ups to websites making the most of public data.
In April 2012, Nesta moved out of the public sector to become an independent charitable foundation. We continue to benefit from the income provided by Nesta’s £320 million endowment, but we now have new freedoms….”
Read the entire article at Nesta.org