The Innovation Lab runs programs to support new ideas that help people and organizations, funded by a £320m endowment. It provides grants, expertise, and research to stimulate innovation in health, aging, education, local government, and other areas. The Lab supports the development of innovation skills and helps bring great ideas to life through funding and resources. It aims to generate many ideas and implement those that can create positive change through various support like loans, equity, and developing business models. The Lab works with local governments through its Creative Councils program to develop and test transformative solutions to challenges facing public services.