Santander opens £2.5m small grants programme
Santander has launched a £2.5m fund for charities and social enterprises working with disadvantaged people. The Discovery Foundation, which launched on 1 March, will provide grants worth up to £5,000 to 'skills, knowledge and innovation' projects across Britain. The funding, which is available for one year, will be made available to charities, community interest companies and credit unions. Applicants can seek funding through three categories: 'explorer', for projects involved in improving people's knowledge; 'transformer', for projects that support people's skills and experience; and 'changemaker', for projects that provide innovative solutions to social challenges. Grants will be provided every month, with successful projects given notification within a month of applying. Nathan Bostock, Chief Executive of Santander UK and Chair of the Discovery Foundation, said the grants would support small, local charities.
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