- Over £170,000 worth of funds given to four social enterprises
- £700,000 given to local projects across Scotland since charge introduction
- 90% less bags handed out by Asda stores
With Christmas round the corner, Asda has distributed £172,000 worth of funding to the latest recipients of the Asda Community Capital scheme. The latest giveaway has seen loans and grants totalling nearly £700,000 to more than 160 local charities and community projects across Scotland. Overall, Asda has seen plastic bag usage drop by 90% since the charge was brought in.
Community loans and grants, distributed by Social Investment Scotland and Foundation Scotland, have helped to fund projects ranging from parent and child healthy cooking programmes to IT training programmes for young people, and even developing therapeutic gardens for dementia sufferers.
Half of the bag charge proceeds have been distributed to Foundation Scotland to provide grants of up to £2,000 to nominated projects and good causes in local communities around Asda stores.
Social Investment Scotland has used the other half of the proceeds to provide loans between £10,000 and £50,000 to social enterprises who otherwise would find it difficult to get access to funding. The most recent organisations to benefit from this investment include the Leith Theatre Trust, the Bay Tree Community Café, Highland Perthshire Media and Venture Mor Ltd.Read more