Belfast Telegraph

Ulster Bank launches Community Impact Fund of £250,000

Ulster Bank has launched its 2014 Community Impact Fund of £250,000, which is now open for applications from voluntary and community organisations until May 23.

The money will be awarded as grants for projects focusing on enterprise creation, financial education and employability initiatives. This fund is run in partnership with The Community Foundation for Northern Ireland.

Last year, the first ever fund was awarded to 25 community groups including Young Enterprise Northern Ireland and Richmount Rural Community Association in Portadown.

Young Enterprise Northern Ireland (YENI) received a grant of £27,200 to help deliver its "QuickStart" project, giving students aged 14-16 their first opportunity to set up and run a real company over a 10-week period.

Carol Fitzsimons from YENI said: "The financial support of Ulster Bank has been vital for the growth of the Young Enterprise QuickStart programme across Northern Ireland.

"As a result of this support, over 1,000 young people aged 14-16 had the opportunity to set up and run their own business this year, gaining vital business skills they will take forward with them into the future."

She was joined at the launch of the fund by Dr Philip Nolan, the chairman of Ulster Bank, and fund development manager Eamonn Donaghy from Community Foundation for Northern Ireland.

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