Grants are now open for NAB Foundation’s Sustainable Regions Grants, which focus on supporting Australian regional communities and the environmental issues they face.
The grants will be offered to organisations helping regional communities better manage natural resources, something that NAB’s Head of Government, Education and Community Specialised Banking Andrew Loveridge believes is vital to addressing critical issues they face.
“Healthy ecosystems, in which natural resources are valued and well-managed, support prosperous economies and resilient communities,” says Loveridge. “Our customers, particularly business customers in regional areas, have told us for some time now that land degradation, water scarcity and biodiversity management are important issues for them. As Australia’s largest business bank, with a long history backing customers in regional and rural areas, it is important that we also support regional communities to address these issues and achieve better environmental and social outcomes.”
The NAB Foundation grants will support the development and implementation of practical on-ground community action to improve the environment, as well as programs that create regional solutions to environmental challenges. The Foundation encourages applications from those working to strengthen co-ordination and collaboration between environmental groups, business, landholders and governments.
“Great outcomes tend to come from organisations working collaboratively with others to drive meaningful on-ground impact at scale,” says Loveridge.” We particularly hope to attract applications from organisations that focus on innovation for maximum community impact, who are working to strengthen co-ordination and collaboration between environmental groups, business, landholders and governments in regional communities.”
Acknowledging that a good idea can come from anywhere and that many for-profit social enterprises innovate in the space traditionally occupied by philanthropy, applications will also be accepted from social enterprises and for-profit social businesses with charitable purpose, alongside the not-for-profit sector.
Two types of grants are available: Seed Grants that help organisations get an initiative or opportunity off the ground by providing funding to build, pilot or test innovative ideas, or provide core operations or capacity; and Thrive Grants for funding to help organisations move to the next phase of growth by supporting them to reach scale or collaborate with others for impact.
Grants of between $100,000 and $1,000,000 will be awarded for periods of up to three years.
Applications close at 5pm on Friday, 27 October 2017.
For more information about eligibility and how to apply, visit www.nab.com.au/nabfoundation.