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NatWest launches £3m initiative to support projects with a social return
NatWest bank has launched CommunityForce – a £3m initiative to help local charities, organisations and groups raise publicity, attract volunteers and receive funding.
The bank has set up 158 individual CommunityForce areas that will each be offering three local projects the chance to win an award of £6,000.
Applications are open until 4 September and an online public vote will then decide on the award winners.
The initiative reflects part of the bank’s Customer Charter, in which it made a commitment ‘to help the communities in which we live and work’.
The initiative will offer organisations more than just financial support. By applying for the awards charities and projects will become part of a local online network giving them greater visibility and the opportunity to attract volunteers from the local area.
NatWest staff will also be getting involved by volunteering their time and expertise, supporting our commitment to deliver 7,000 days of community volunteering in 2011.
Speaking about the initiative at the RBS SE100 Awards earlier this month, Ian Cowie, chief executive of business and commercial banking at RBS – of which NatWest is a part – said the initiative was about the bank ‘actively working in partnership with local communities to facilitate and support projects with a social return’.
He added: ‘We'll bring about real change by not only providing financial support, but also time and expertise.’
The bank said: ‘As part of our Customer Charter, we made a commitment to help the communities in which we live and work. The result is CommunityForce – a platform that empowers local projects and charities to raise awareness of their work and make their plans a reality with the support of NatWest and their local community.
Organisations in England and Wales can apply and find out more here.
Organisations in Scotland can find out more here.
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