Applications to the Virgin Money Foundation’s North East Fund will close on 10 November 2018.
The Fund are looking for applications from voluntary organisations working within their local neighbourhood in the North East to:
- Help disadvantaged young people to find and keep a job.
- Help homeless people or people at risk of homelessness to find a new home. We are interested in supporting applications from organisations working to increase access to affordable, good quality, rented properties particularly those bringing empty properties back into use.
The Fund are also looking for ambitious, locally-led community enterprises, providing social and economic benefit to an area, who want to explore new ways of generating income and, by doing so, achieve greater impact in their neighbourhoods. You might be interested in developing a new social enterprise, growing an existing social enterprise, supporting more beneficiaries, expanding a service into a neighbouring town or working with completely new clients.
With the Foundation’s support you will be able to turn these ideas into action. The North East Fund will provide organisations with grants of up to £50,000 to be spent on staff time for scoping, designing and launching the new work or the start-up costs of a new enterprise – please remember the Fund can’t fund capital costs through this programme.
The grants can be for an amount between £10,000 and £50,000. Grant awards are to cover running costs (not capital costs) and are for one year only. In addition, funds cannot be used to cover marketing costs, for example, to pay for advertising or promotional activity.
For further information please visit the Virgin Money Foundation website.