What is passion capital?

Passion capital describes a shift in funding behaviour away from traditional response mode funding of research to a venture capital approach, where funding is given to support strategic projects in universities, spin outs or companies. Charities hope these funding mechanisms will allow research ideas to be translated to tangible outputs, and to produce a financial reward.

About the group

The Passion capital working group is made up of staff from charities and other organisations with an interest in supporting charities to use new models of funding, such as venture philanthropy, crowd funding and venture funds. Members share their own experience and develop resources to help staff and trustees of AMRC members understand and use these funding model.

Aims

Over the past year, the group has developed some resources to help staff and trustees of AMRC members understand and use these funding model. By including members from a variety of sizes of organisations, and across the varied roles working in this field, we hope the group will be able to develop resources that work for charities regardless of size. For more information, please feel free to contact Liz