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Sage launches £800k enterprise fund to boost UK NPOs

Newcastle-headquartered software giant Sage has launched a new $1m (around £800k) fund open to UK-wide Non Profit Organisations (NPOs)

The Sage Foundation’s Enterprise Fund will support groups with enterprising ideas to help improve the lives of military veterans, young people or women and girls in the local community.

The fund will be split between two rounds, with the second round ready for release later in 2017. Applications for the first round are open until April 5 and grants between $5,000 and $35,000 will then be awarded to successful applicants.

The Foundation is especially keen to support organisations that are currently small but have ambitions to expand, grow and deliver sustainable change.

It is also hoped that the fund will support traditionally hard to fundraise needs such as; capital projects, core running costs or new innovations.

Sandra Campopiano, Sage’s Chief People Officer, explained: “From support groups for domestic abuse survivors, through to coding youth clubs or back to work programmes for military veterans; non-profit 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.

“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.”

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