Sage Foundation launches $1 million Enterprise Fund to back the brightest ideas from charities

Sage, a market leader in cloud accounting software, has launched Sage Foundation’s Enterprise Fund. The new $1 million fund is open to charities with enterprising ideas to help improve the lives of military veterans, young people or women and girls in their local communities.

Every day, across the UK, inspiring charity leaders, volunteers and their supporters are working tirelessly to make their communities better places to live.  Sage Foundation’s Enterprise Fund has been designed to support those organisations generate further income, create new initiatives or enhance existing and proven activity.

The $1 million will be split between two rounds of $500,000; with the second round ready for release in July 2017.

Applications for the first round are open until 5 April when grants between $5,000 and $35,000 (£4,000-£28,000) will then be awarded to successful applicants.

All applications that fulfil the eligibility criteria will be considered however, Sage Foundation are especially keen to support organisations that are currently small but have ambitions to expand, grow and deliver sustainable change.  It’s also hoped that the fund will support traditionally hard to fundraise needs such as; capital projects, core running costs or new innovations.

“From support groups for domestic abuse survivors, through to coding youth clubs or back to work programmes for military veterans; charity organisations survive and thrive thanks to the dedication of staff and volunteers. But they also need funding to take action, which is why we have set up Sage Foundation’s Enterprise Fund, awarding grants up to $35,000 to support vital local projects”, said Sandra Campopiano, Sage’s Chief People Officer.

“I’ve seen small charities with really exceptional, original ideas on the brink of delivering real change. Too often all that is stopping them is access to funds to make an enterprising solution turn into reality. That’s what we are committed to supporting.”

Since January 2016, Sage Foundation has been taking action to build sustainable social, economic and entrepreneurial opportunities in Sage’s local communities around the world.  By investing and supporting charity partners that are helping people reach their true potential, Sage are committed to doing business the right way.

Click here to check if your charity is eligible for Sage Foundation’s Enterprise Fund.

Follow @sagefoundation to find out the latest news and funding opportunities.

Posted on 16/03/2017 @ 1:58 pm
Filed under: Uncategorized