Wayra Fair By Design is a new acceleration programme that will tackle the poverty premium: where people in poverty pay more for many everyday goods and services – such as energy, insurance, borrowing, transport and food – than those who can more easily afford them. 
The programme, which will be based in Wayra’s Open Future_ North facility in Oldham, will support up to seven start-ups a year.
The programme will invest in and support entrepreneurs who are tackling the problem of poverty premium.
Through the new programme and accelerator, Wayra UK will support grassroots entrepreneurship in Greater Manchester and attract start-up talent, investment and business mentors from outside of the region.
Wayra Fair by Design will be funded and supported by the Fair By Design Fund, a partnership between Big Society Capital, the Joseph Rowntree Foundation, Finance Birmingham and Ascension Ventures.
The fund has £8 million ready to deploy and is seeking to raise up to £20 million to invest into companies tackling the poverty premium, both within the accelerator and in separate investments across the UK.
For further information and to apply, visit: www.openfuture.org/en/call/wayra-fair-by-design/3/610cc29ab643682781991b2955cb8b05
Deadline: Monday 9 October 2017