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V: 16-25 year olds offered cash to help their community

Tuesday, 03, Jun 2008 12:00

To celebrate Volunteers’ Week (June 1-7) v – the youth volunteering organisation – is offering grants of up to £2,500.

The grants are available to 16-25 year olds who come up with inspirational project ideas which benefit their local communities.

The £1million vcashpoint initiative, launched last year in partnership with HSBC Bank, aims to inspire youth volunteering throughout England. To date, 129 projects have received grants and 1144 new volunteering opportunities have been created.

The deadline for vcashpoint applications is 18 July 2008. Full details can be found at www.vinspired.com

vcashpoint manager Leonardo Greco said: “vcashpoint is a totally new approach to incentivise young people and get them involved in volunteering. By encouraging them to devise and manage campaigns in their entirety it offers more wide-ranging challenges than conventional volunteering – from leadership and planning to handling budgets and managing an entire project from start to finish – all invaluable skills for later life.”

For more information about v, visit www.wearev.com

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Media enquiries: contact Emily May on 020 7960 7042 or email emily.may@wearev.com

Notes to editor:

• HSBC has committed £500,000 over two years to vcashpoint as part of the v Match Fund programme – a unique initiative by which v accesses government funds to match up to 100% of private sector donations to youth volunteering projects

v is the youth volunteering organisation launched in May 2006 whose mission is to inspire a new generation of young volunteers in England aged 16-25. v is supported by the Office of the Third Sector in the Cabinet Office.

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• The registered charity was set up to implement the recommendations of the Russell Commission outlining a new national framework for youth action and engagement, following a nationwide consultation which included 6000 young people.

v is led by the cares, interests, passions and beliefs of young people. A Youth Advisory Board made up of 20 young people called v20 is involved in all aspects of the charity’s work. Four members of v20 sit on v’s Board of Trustees.

v works with and builds upon the current voluntary sector infrastructure, funds the creation of volunteering opportunities through grants rounds and implements programmes to create awareness and positive understanding of volunteering for young people. For more information on v, visit www.wearev.com

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