Youth Fund Dunedin has gone live!

Youth Fund Dunedin is a new organisation gone "live" in Dunedin last week, and is receiving applications for funding to enable youth ideas to happen.

Youth Fund has been several years in the planning and processing stages, to develop a solid organisational framework, which can receive applications for funds from those normally not eligible to apply to other funding bodies - young people!

They are keen to receive applications from young people under 24 years old, who are enthusiastic about providing any youth initiated, youth driven activities with benefit to the Dunedin community. Youth Funds - sometimes called "Youth Banks" in other areas - have in the past funded activities such as events, concerts, recreation facilities, youth-driven business ventures or community services. "Basically if you are under 24, live in the Dunedin City boundaries, and are passionate about an idea or project which will benefit others, then we want to hear from you" their new website says.

The committee of people who have been bringing the concept from feasibility study to "Live", anticipate that projects will be requesting funds less than $2000, and already have some funds waiting to be distributed.

Once an application has been successful, a mentor is allocated to the people receiving the grant - either of their own choosing or from the Fund Board... and then the fun part begins - making the event happen, on time, in budget, and successfully. As their promo says :You can't have a FUND without FUN!"

All aspects of the process and the organisation are youth empowering - and the group who call themselves "Youth Fund Dunedin" are an Incorporated Society, capable of sustaining the initiative. The challenge will be to keep refilling the coffers as grants are made, but other Funds and Youth Banks have found that the success of the events created has been attractive to philanthropic funders as a means to educate, empower and develop a more resilient community.

Youth Fund Dunedin is keen that the Ideas and enthusiasm of their applicants not be "held up" by a lengthy decision making process, so are encouraging applications at anytime, with an aim to be able to make a decision within 2 weeks. Since this is the first "round of funding" they are meeting on 15 February to make decisions on whatever projects have come by then.

Good ideas and social networking are easily in the hands of people under 24, so all the information and applications are available online. The interview process will be in a youth friendly format - however the applicant wants to present their case.

The Youth Fund Dunedin board are looking forward to seeing the positive impact on Dunedin that funded and supported young people will bring to our community, and to encouraging other youth to not just apply for grants, but also to get involved in the organisational side of the Fund.

Check out the website www.youthfunddunedin.co.nz