Helping people thrive

Fund boosts opportunities for young people

October 2018 

Established in 2017, the Societe Generale Community Fund supports young people on their journey into the world of work by improving literacy and educational development, through sport, arts or cultural activities.   

In the first year of its five-year cycle, the £100k annual fund launched by The Societe Generale United Kingdom Group Charitable Trust delivered vital support to seven local projects in Tower Hamlets and Newham, and has since extended its reach to include Hackney. Overall, more than 1,370 young people have benefitted from the fund, with 88 now established in full-time employment.

Fight for Peace was one of the organisations to have benefitted from a grant to deliver a one-year employability project targeting young people not in employment, education or training.  Thanks to the funding, the charity has been able to support 44 young people at risk, developing their confidence and leadership skills, as well as providing access to mentoring and career guidance.  Fifteen of these have now successfully gained employment, with a further seven having started further education courses.  

As a direct result of the Fund, Societe Generale staff are now volunteering with the charity to inspire young people to pursue their career aspirations and the charity’s youth forum has been hosted at Societe Generale’s offices.

Another organisation that Societe Generale teamed up with was SportInspired, whose mission is to connect communities via sports programmes. SportInspired works with secondary school pupils, helping them to develop into young leaders by building confidence and other key skills, and organises large-scale sports events for primary school children. In the past year, over 400 primary pupils have taken part in two sports festivals, supported by 53 volunteers from Societe Generale. 

Sadia Ricke, Societe Generale’s UK Country Head, says, “The Societe Generale Community Fund is the latest in a number of initiatives we have underway within our local community in East London to support people through education and employability.  By working with the East End Community Foundation, we hope to have a greater impact on our local communities by leveraging their expertise, and we are delighted to have already supported seven local projects through the fund that are clearly making a real difference to young people.

Year 2 of the fund is already underway.