Foundational Economy Innovation Fund
The Foundational Economy
The foundational economy – also known as the “everyday economy” – refers to the parts of the economy people depend on for their daily needs, including the adult social care, early education and childcare, retail, and leisure and hospitality sectors.
GMCA's ground-breaking Foundational Economy Innovation Fund is supporting projects that drive innovation and improve productivity and working conditions in these sectors.
Greater Manchester has the UK’s fastest growing economy. By ensuring that technology and innovation benefit every part of that economy, the Fund is supporting the city region’s ambition for another decade of sustainable and inclusive growth.
The second round of the Fund has awarded grants to 25 projects from businesses and organisations who have put forward creative ideas to improve ways of working, support their workforce and make their sector more resilient.
Find out more about the projects awarded funding
Previous Projects
The first round of the Foundational Economy Innovation Fund backed 40 entrepreneurs, businesses and organisations. Find out more about the projects in the Foundational Economy Innovation Fund Yearbook and case studies.
Read the Foundational Economy Innovation Fund 2023-24 Yearbook (PDF, 5.2 MB)
