RBS have allocated £2.5m in 2017 for their Skills & Opportunities fund, split equally across two funding rounds. The application stage for the first round is now open and will run until midday on Friday 24 February.
RBS are actively seeking applications from not-for-profit organisations that are running projects to help people develop their financial capability.
Previous grant recipients that have done work in financial capability include:
- Darlington Credit Union – financial education project to support 80 young people (aged 15 or over), who are already, or are at risk of being, financially excluded for reasons including mental illness, homelessness or becoming newly independent
- Centre 63, Kirkby – supporting a project to enable 300 young people to improve their literacy, numeracy and financial capabilities.
Background to the fund
The Skills & Opportunities Fund is one of the many ways that RBS is contributing to the communities where they live and work in. The Fund is designed to support organisations that help people in disadvantaged communities develop, create or access the skills and opportunities they need to help themselves. Charities, not for profits, social enterprises and state funded schools and colleges can all apply for a grant up to £35,000 (€35,000 in ROI) to finance programmes that focus on enterprise, employability skills or education.
Since the launch of the Skills & Opportunities Fund, RBS have had over 3,500 applications and awarded a total of £5m to 186 organisations. Those organisations have gone on to support over 40,000 people in our communities to develop or access new skills and opportunities.
For more information, including full criteria and application guidance packs, please visit our websites:
- England & Wales: http://skillsandopportunitiesfund.natwest.com/
- Scotland: http://skillsandopportunitiesfund.rbs.com/
- Ireland: http://skillsandopportunitiesfund.ulsterbank.com/