VENATOR LAUNCHES NORTH EAST BRIGHT IDEAS FUND

Wynyard, UK – Teesside based global manufacturing company Venator has launched a £10,000 Bright Ideas Fund to inspire innovation and stimulate learning in STEM subjects across the North East region.

The Bright Ideas Fund will give 40 grants of £250 to groups and organisations that encourage innovative ideas within science, engineering, technology and maths.

The fund is now open for applications from schools, colleges, clubs, charities and other groups that could benefit from a financial boost to pay for resources such as safety equipment, outreach services or an educational day out.

Applications are now being accepted for the Bright Ideas Fund, and will run until midnight on 31 March 2019. To apply, visit www.venatorcommunity.com and submit 250 words about how your group or organisation would use the £250 grant to promote STEM based activities. All successful projects will go head-to-head in a month long online public vote opening on 5 April 2019, with the 40 most voted-for applicants each receiving £250.

All proposed projects must benefit communities in the North East of England within the local authority boroughs of Darlington, Durham, Gateshead, Hambleton, Hartlepool, Middlesbrough, Newcastle, North Tyneside, Northumberland, Redcar & Cleveland, South Tyneside, Stockton and Sunderland.

Karen Fenwick, Vice President Corporate Branding and Communications at Venator, said: “Innovation is at the very heart of what we do: making things possible through the creative application of bright ideas. That is why we want to reward groups and organisations dedicating their time and resources to support learning in science, technology, engineering and maths.

“We are delighted to launch the Bright Ideas Fund to encourage STEM learning across the North East.”

Inspire2Learn is a teaching and learning centre funded by schools in Redcar and Cleveland and the revenue it generates. The centre runs courses and events specifically in response to local school needs with a particular mission to bring national speakers and events to a local audience to inspire STEM learning.

Andrew Stogdale, Manager at Inspire2Learn, said: “STEM subjects are fundamental to many of the industries and businesses in the North East that our young people will be aiming for careers in. Simply passing exams does not necessarily promote a love of STEM subjects or develop the passionate attitude that we recognise and value in our local companies.

“Grants such as Venator’s Bright Ideas Fund will allow schools and other organisations to go that extra mile to promote STEM subjects in more engaging and relevant ways than they can ordinarily do. This is a fabulous opportunity to develop innovate projects that will have a real impact on long term awareness and engagement with STEM.”

For more information about the Bright Ideas Fund please visit www.venatorcommunity.com/bright-ideas/

About Venator’s Bright Ideas Fund

Eligibility criteria

The group or organisation must be affiliated to a professional body and have an affiliation or registration number. The group or organisation will be asked to upload supporting evidence such as a letter of affiliation, a screen shot showing affiliation if registered online, an Ofsted report or similar, as proof of this.

The group or organisation must have a financial administrator for funds to be made payable to via cheque. The group or organisation should correctly state their name and contact details on the application.

All proposed projects must benefit communities in the North East of England within the local authority boroughs of Darlington, Durham, Gateshead, Hambleton, Hartlepool, Middlesbrough, Newcastle, North Tyneside, Northumberland, Redcar & Cleveland, South Tyneside, Stockton and Sunderland.

Projects must be for new costs associated with stimulating innovation through STEM learning in your group or organisation. Eligible projects can include:

  • Start-up costs for new projects
  • Extension and development of existing projects
  • Purchase of equipment and resources
  • Leverage: where the Bright Ideas Fund would release funding from other sources
  • Conservation projects: where funding would help develop or maintain venues.
  • Group excursions

Projects that cannot be funded include:

  • Ongoing core costs related to a service or activity
  • Projects involving political or campaigning activities
  • Projects promoting religious beliefs
  • Anything that has already been bought or committed to
  • Deficit funding or the repayment of loans
  • Unspecified expenditure (funds will be for specific items within the budget on the application)
  • Projects not benefitting people based in the North East of England
  • Additional projects where a group or organisation has already submitted an application for a specific grant. In this instance, the first submitted project will be the only one verified for review (NOTE: a group/organisation may submit projects to multiple grants within a year)
  • Activities which conflict or could conflict with the interests of Venator and its associated bodies
  • Activities which could damage the reputation of Venator; or which conflict with Venator policies

Timescales

Groups and organisations are invited to apply for a grant from the Bright Ideas Fund by submitting an online application before midnight on 31 March 2019.

All applicants will be notified as to whether their group or organisation and project proposal has been verified and successful by 4 April 2019. Successful applications will appear on the dedicated website and the one month public voting period will take place from 5 April 2019. The top 40 applicants will then be awarded a £250 grant, with a cheque being sent out to a group or organisation’s treasurer by 31 May 2019.

For more information visit www.venatorcommunity.com

About Venator

Venator is a global manufacturer and marketer of chemical products that comprise a broad range of pigments and additives that bring color and vibrancy to buildings, protect and extend product life, and reduce energy consumption. We market our products globally to a diversified group of industrial customers through two segments: Titanium Dioxide, which consists of our TiO2 business, and Performance Additives, which consists of our functional additives, color pigments, timber treatment and water treatment businesses. We operate 25 facilities, employ approximately 4,300 associates worldwide and sell our products in more than 110 countries.

Website: www.venatorcommunity.com

Twitter/Facebook: @VenatorFund

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