£1 million fund available to not-for-profit organisations

8th February, 2018

NatWest Announcement

NatWest has announced this week that they are making funding of £1 million available to not-for-profit organisations involved in financial capability and enterprise initiatives in communities, through their NatWest Skills and Opportunities Fund.

They are inviting community organisations with an eligible project or project idea to apply for grants of up to £35k, so if that sounds like an opportunity you or someone you know might be interested in, please visit the website to find out more and help spread the word. Community groups, charities, social enterprises and state-funded schools and colleges all meet the not-for-profit criteria, so please share with anyone that you feel may benefit from the funding.

One organisation that has recently benefited from Skills & Opportunities funding is Cornwall Marine Network (CMN) Limited, an organisation dedicated to supporting the profitability, growth and innovation of the marine sector in Cornwall. Their spokesperson commented:

“Our Get on Board initiative, a marine apprenticeship programme for young people most in need in our local area, was made possible by the NatWest Skills & Opportunities Fund. It has been a major success: Penair School, Restormel Alternative Provision Academy and Helston Community College all took part and have reported a significant improvement in the positivity, confidence, self-esteem and team working skills of their participating students.

“As a direct result of the project, five young people have secured jobs, with an economic added value to the Cornish economy of £175,000 – equivalent to a 500% return on NatWest’s initial investment.”

You can read more about Cornwall Marine Network Limited and other previous winners here – providing plenty of inspiration for any organisations thinking of applying this time round.

There is however a limited time frame to make the most of this excellent initiative, with applications only open until Friday 23 February 2018.

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