£40,000 up for grabs for best idea to help tenants
Published by Anonymous for 24dash.com in Housing and also in Communities
moneyImage: Money via Shutterstock
A prize of £40,000 is up for grabs for the person or group who can develop the most innovative products and services using open data to support renters in the private and social housing sectors.
Nesta and the Open Data Institute (ODI) are offering the prize for the best idea to use open data to help people get the best out of renting.
Alex Hilton, director at Generation Rent, the campaign group that fights for tenants’ rights in the PRS, has been appointed as the ‘challenge champion’ for the competition.
The challenge is one of a series of competitions to take open data and use it to develop innovative solutions to social issues, with previous versions focusing on crime & justice and education.
With applications open between 24-29 June, successful teams will then be invited to start to build and test their ideas at a creation weekend in September, where three finalists will be chosen to win £5,000 each.
After further developing their ideas during an incubation phase, one finalist will be chosen to win a potential £40,000 prize. The winning project will be the one which can combine open data into products or services with a clear social impact and a sustainable ongoing model.
The challenge is being launched at HouseParty, the housing sector's first ever ‘unconference’.
HouseParty – taking place today and tomorrow in Manchester – is being attended by over 200 innovation-focused housing practitioners, campaigners and tenants, and the launch will contribute significantly to programme of events, workshops and seminars that focus on the ways in which open data, social enterprise and new technologies are transforming the ways in which housing will be delivered in the future.
Alex Hilton said: “So far the housing market treats property as an investment when, for most people, it’s simply their home. This £40k Challenge prize aims to inspire data and housing experts to create new products and tools that help renters overcome some of the hurdles that they face. I’m really excited to see what the entrants will come up with.”