We were commissioned by Nesta, the UK’s innovation charity and the Open Data Institute to provide business development and impact measurement support to the Open Data Challenge Series (ODCS) programme.
The ODCS was established in April 2013 as a series of seven challenges to support teams to develop innovative products or services to address social challenges using open data.
The ODCS challenges were based around seven themes: Crime and Justice, Education, Energy and Environment, Housing, Food, Heritage and Culture and Jobs. Startups, SMEs and individuals were invited to define the challenge with programme leaders, then develop solutions using available open data from the public and private sectors. Each challenge had three finalists winning £5000, and one final winner securing up to £50,000 to develop their business, as well as benefiting from a tailored support package from PwC and Uscreates.
Some of the key findings of the report suggest that for every £1 of funding spent on the ODCS, there is the potential for a £5-£10 return to the economy after three years. Other findings include: