HSBC calls for applications for 2012 Future First programme

March 03, 2012 | 17:34

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HSBC’s is calling for applications for its Future First projects which must be of one-year’s duration and the maximum funding can amount to $50,000.

HSBC Vietnam is calling for submissions from international and local non-governmental organisations (NGOs) interested in receiving project funding from the Bank’s flagship Future First programme providing education and life skills for street children, orphans and children in care, as well as vocational training for underprivileged young people in Vietnam.

Launched in Vietnam in 2007, to date, more than VND11 billion ($528,500) in direct funding has been provided by the Future First to help support 20 projects and benefit 44,168 children.

The key focus areas for Future First projects are formal education, basic early childhood, primary and secondary education, informal education and vocational training to give individuals the capability, resources and opportunity to pursue their personal and household economic goals.

Needs-based counseling is another important component. Educational projects will benefit children below 18 years, while life skills and vocational training projects will target youths aged from 15 to 24 years.

Tenders for projects should be submitted by April 6, 2012. HSBC will announce and release funding to successful applicants by the end of July.

By Minh Thien

vir.com.vn

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