Nesta invests £500,000 in GetMyFirstJob
Nesta Impact Investments has injected ТЃ500,000 into GetMyFirstJob, the UK-based operator of an apprenticeship website.
Nesta's investment will be used to streamline the GetMyFirstJob website and system.
Launched in October 2012, Nesta's £25m Nesta Impact Investments fund is backed by Big Society Capital – which contributed £8m – and Omidyar Network. Its goal is to back organisations tackling issues such as elderly care and education, balancing social impact and potential returns for investors.
Company
Founded in 2011, GetMyFirstJob operates a website that is designed to connect young people looking for work in the UK with potential employers and training providers who are looking for apprentices.
People
David Allison is the CEO of GetMyFirstJob. Isabel Newman is an impact investment analyst at Nesta.
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