Sage Foundation’s Enterprise Fund Releases New Funding to Help Back the Brightest New Ideas from Non-Profits

October 31 14:50 2017 Print This Article

ATLANTA, Nov. 01, 2017 (GLOBE NEWSWIRE) — Sage, the market leader in cloud business management solutions, today launched the second round of funding from Sage Foundation’s Enterprise Fund. The fund supports the creation of either new or piloted entrepreneurial programs to help improve the lives of military veterans, young people or women and girls in communities across the United States.

Every day, inspiring non-profit leaders, volunteers and their supporters are working tirelessly to make their communities better places to live. Sage Foundation’s Enterprise Fund has been designed to support small non-profits with exceptional, original ideas on the brink of delivering real change, so they can take a bold step forward when they are unable to make their idea a reality due to lack of funds.

After awarding $500,000, through over 30 grants, across 15 Sage countries earlier in 2017, the next wave of $500,000 will be open until November 28. A limited number of grants between $10,000 – $25,000 will then be awarded to successful applicants.   

Sage Foundation is committed to helping small, frontline organizations, therefore the fund is only open to organizations with an income that is less than $2M, and projects or initiatives that have been operational for two years or less.

Sage Foundation is especially keen to support organizations that have ambitions to expand, grow and deliver sustainable change. It is also hoped that the fund will support traditionally hard to fundraise needs such as capital projects and core running costs.

“Non-profit organizations survive and thrive thanks to the dedication of staff and volunteers,” said Maggie Combs, Sage Foundation Manager in North America. “We also know these organizations need funding to take action, which is why we have set up Sage Foundation’s Enterprise Fund, awarding grants to support vital local projects.”

Since January 2016, Sage Foundation has been taking action to build sustainable social, economic and entrepreneurial opportunities in Sage’s local communities around the world. By investing and supporting non-profit partners that are helping people reach their true potential, Sage are committed to doing business the right way. 

“I’ve seen small charities with really exceptional, original ideas on the brink of delivering real change yet have difficulty finding funders to help them turn their ideas into a reality,” added Combs. “We’re committed to supporting these non-profit, entrepreneurial programs by giving them access to funds that will allow them to execute and really make a strong, positive impact in their community.” 

Click here to see if your non-profit is eligible for Sage Foundation’s Enterprise Fund.

Follow @sagefoundation for the latest from our community.

About Sage
Sage (FTSE:SGE) is the global market leader for technology that helps businesses of all sizes manage everything from money to people – whether they’re a start-up, scale-up or enterprise. We do this through Sage Business Cloud – the one and only business management solution that customers will ever need, comprising Accounting, Financials, Enterprise Management, People & Payroll and Payments & Banking.  

Our mission is to free business builders from the burden of admin, so they can spend more time doing what they love – and we do that every day for three million customers across 23 countries, through our 13000 colleagues and a network of accountants and partners. We are committed to doing business the right way, and giving back to our communities through Sage Foundation.

Find out more at www.sage.com/en-us.

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Jonathan Yaniv
Jonathan Yaniv

Jonathan is the founder and editor-in-chief of TrustedNerd.com. Covering major tech shows such as CES, Jonathan is always there for the latest tech news. Want your gadget to be reviewed or have a release you'd like to be considered for publishing? Send Jonathan an email, jonathan [at] trustednerd.com

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