Stockport, UK, November 21st 2024 – Kao Data, the specialist developer and operator of data centres, is proud to announce the launch of the Kao SEED Fund in Stockport.
This initiative, aimed at fostering community growth and development, coincides with the ongoing construction of Kao Data’s new industrial scale data centre in Reddish. The Kao SEED Fund, which stands for Social Enterprise and Environment Development Fund, will officially launch on November 21, in celebration of the UK’s Social Enterprise Day.
The Kao SEED Fund will provide small grants to a range of community groups, not-for-profit organisations and grassroots projects across Stockport. Packages of financial support, ranging from £500 to £2,500, will be available for pilot programmes or to boost existing community initiatives.
Working in partnership with Stockport's forward-thinking charity infrastructure organisation, Sector 3, Kao Data launched the fund at Sector 3’s Social Enterprise Day celebration in the town. Sector 3 will also be coordinating the application process on behalf of Kao Data and supporting successful projects by administering the funding and coordinating mentoring support.
“At Kao Data, our commitment to being a good corporate citizen is woven deep into our DNA”, said David Bloom, Founder and Chairman of Kao Data. “The launch of the Kao SEED Fund in Stockport underscores our dedication to fostering sustainability, positive community action, and development projects that will support the local neighbourhood around what will be our newest data centre.
“As the founder of Kao Data, a serial entrepreneur, a community volunteer myself for over 25 years, and someone who takes great pride in ensuring we fulfil and surpass our corporate social responsibility mandate as a business, I’m excited to see what type of projects the Kao SEED Fund will help make possible.”
Jo McGrath, CEO at Sector 3, said: "It’s inspiring to work alongside a partner like Kao Data who are committed to collaboration, sustainability and genuine community development. Their fund will help further empower Stockport’s already active community to bring forward even more innovative, entrepreneurial ideas that champion a cleaner, greener future.”
Earlier this year, Kao Data sponsored Sector 3’s volunteer awards ceremony Stockport Rocks! and the event inspired Kao Data’s Marketing Manager, Lizzy McDowell to think about more ways in which the company could continue to support the surrounding community.
She explained, “I was truly inspired by all of the nominees at the Stockport Rocks awards, which planted a seed in how we could support various good causes across the town. Being from the North West, I am well aware of significant funding challenges these initiatives face, especially for smaller amounts. This is why I am proud that Kao Data can provide access to small, flexible grants to empower and enable these projects.”
Submissions for the Kao SEED Fund will open from 21st November and will close on 12th February, 2025. Applications will then be considered by a select panel of judges and applicants will be notified before 31st March.
For more details and to apply for the fund - click here.
