NAVT pledge £100,000 to help communities
Posted on 30 Apr 2020
A Council-run charity is set to hand over £100,000 to help communities battle back from the Coronavirus pandemic.
The North Ayrshire Ventures Trust (NAVT) is a well-established grant programme that was set up to enable voluntary, community and social enterprises in North Ayrshire to explore new opportunities to help them grow in size and improve long-term sustainability.
Each year they receive dozens of submissions from groups and organisations and the NAVT Board decide which ones best meets their criteria – alleviate poverty, improve education, promote training, community development – and provide them with much-needed funds.
Now the charity’s board – which consists of Councillors, local business people and various stakeholders - have donated the six-figure sum to the Council.
The local authority is currently looking at how best they can use the money to support as many people as possible.
Councillor Louise McPhater, Cabinet Member for Communities, said: “This is a significant investment and we now have a responsibility to use it wisely and try and ensure the impact of this money can have a positive influence on many people.
“We are not kidding ourselves on about the enormity of the economic and societal challenges that we face over the coming weeks. These are extremely testing times for all of us and we are going to try and find a path that will steer us through this.
“We really welcome this input from NAVT and it will be used wholly to aid the recovery from COVID-19. We will provide further details about how it will be distributed in due course.”
North Ayrshire Council’s Ventures Trust grant programme administers grants in the range of £10,000 and £30,000 which can spread between one and three years.