The second round of Inspiring Women in Enterprise grant funding is open to applications from not-for-profit organisations which, if successful, will use the money to deliver initiatives that help women develop their enterprise skills. This can include helping them set up in business, delivering enterprise education, innovative networking events, developing entrepreneurial knowledge, or something completely new and different.
According to the RBS Enterprise Tracker, a quarterly research report that tracks entrepreneurial activity, 28% of men think that now is a good time to start a business, while only 19% of women feel the same.
RBS is working to close this gap through Inspiring Women in Enterprise, committing £500,000 a year to organisations which help women start up and succeed in business.
In 2012, 13 organisations were awarded grants through the first round of funding. One of the previously funded organisations, Ex-Cell Solutions, is an organisation which helps female offenders and ex-offenders back into work.
Jo Wilkinson, Associate, Ex-Cell Solutions, said: “The funding we received through RBS Inspiring Women in Enterprise has provided Ex-Cell with a great opportunity to roll out a business start up programme for women offenders and ex-offenders. We are passionate that these women should have the opportunity, skills and knowledge to become financially independent in a way that allows them to earn money from what they love to do whilst providing flexibility around their family commitments.
“We are really excited to see what the outcomes will be from this and the impact that this new funding will have on the women we are working with.”
Thom Kenrick, Head of Sustainability Programmes, RBS Group said: “We are delighted to be opening our Inspiring Women in Enterprise fund for a second round of applications. The standard of applications last year was impressive. I’m confident that this time around we can support more high quality organisations to unlock women’s enterprise potential.”
Organisations can apply through the RBS Inspiring Enterprise website until noon on Monday 17 June. Full eligibility criteria are available on the website.
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