Over £90,000 has been awarded to 18 local organisations in North-West Leicestershire in the first round of grants from a new IM Properties’ community fund.
Managed by Leicestershire and Rutland Community Foundation, the £350,000 Mercia Park Community Fund was set up by IM Properties to have a positive social value impact on the communities surrounding its scheme.
Mercia Park is a high-quality 238-acre employment park being created at Junction 11 of the M42 which is estimated over the long term to support up to 3400 jobs.
The scheme includes a new 2.94 million sq ft global parts logistics centre for Jaguar Land Rover and a 450,000 sq ft sustainable logistics hub for freight forwarder DSV.
The grants of up to £5,000 are being primarily directed at projects which strengthen communities or improve the natural environment. Projects which have been successful range from a green gym to an organisation looking to support postoperative cancer patients.
David Smith, planning director at IM Properties said they had worked hard to deliver a significant first round from the £350,000 available, which will be split over the three-year development period.
“We’re very thankful to Leicestershire and Rutland Community Foundation who are manging the Community Fund and supporting the panel, which includes representatives from the schemes neighbouring local parishes. This first panel will deliver funding to some vital and varied grassroots organisations.
“All of the groups have great stories to tell about the difference they are making to people’s lives and we will enjoy learning more about their organisations over the coming months and the work they are doing to benefit their local communities.”
IM Properties is committed to delivering sustainable development across its business. Working in partnership with its occupiers and supply chain it aims to create jobs, skills and training opportunities, in addition to long-lasting social value benefits for the local community.
Katy Green, Chief Executive at Leicestershire and Rutland Community Foundation, added: “We are pleased to be working with IM Properties and to bring our knowledge of community grant-giving to an organisation which is willing to engage and work closely with local people to leave a lasting legacy.
“Applications are now open for the second round of grants which will be awarded in the new year and we are looking forward to working with everyone to continue to support local groups working with and for their communities, especially during these challenging times.”
For further information on the Mercia Park Community Fund visit https://www.llrcommunityfoundation.org.uk/apply-for-funds/mercia-park-community-fund-open/