The Goodsyard, Shoreditch has opened its community regeneration fund with an initial £25,000 endowment, and is seeking applications from local community groups and charities
The Bishopsgate Goodsyard Fund, developed by joint venture partners Hammerson and Ballymore, and managed by the East End Community Foundation, will provide grants for local organisations seeking to address issues of employment and training and the lack of sports activities available for young people.
As part of the scheme’s wider Community Plan, the grant funding will be used to support local community initiatives with a particular focus on employment, enterprise and sports activities.
Eligible organisations in Tower Hamlets and Hackney are encouraged to apply for up to £5000 worth of funding. The deadline for applications is 12 noon on Tuesday 29 March 2016. Special consideration will be given to projects near the Bishopsgate Goodsyard site. Full details on how to apply can be found at www.eastendcf.org.
Jon Brookes, Community Manager at Hammerson, said: “We are excited to launch the Bishopsgate Goodsyard Fund. Based on a year of research and time spent talking to local groups about their needs and aspirations for the area, the fund is an important element of our wider Community Plan and represents our long term commitment to the community.
“Set to bring over 7,000 new jobs to the area, The Goodsyard will be a key contributor to employment opportunities and we want to ensure that local people are first in line to develop long-term sustainable careers.”
Fancy Sinantha, Development Director at the East End Community Foundation said: “Given our local insights and history in the area, we are delighted to put the wheels in motion to direct much-needed grant funding to strong community organisations in Tower Hamlets and Hackney.
"Despite significant economic regeneration and a large corporate presence, we still have some of the poorest areas of the capital. East End Community Foundation is dedicated to bridging the gap between those with the financial capacity to give to grassroots organisations providing quality opportunities for local residents. With the initial round of funding now open, we look forward to receiving strong applications.”