Social Value

Future Sparks

All Members can access our Future Sparks fund, ensuring the North East is positively impacted by the projects we contribute to.

We have made a significant impact on the local economy and employability of our Members’ customers. The fund stands us apart from other organisations as a collaborative resource for all our Members.

In the past 48 months we have awarded over £1.5 million to more than 40 schemes and community regeneration projects improving local communities across our region. The total value of the projects, with contributions from Members and suppliers, is over  £4 million.

Without the fund, the efficiency gains offered by us would likely be re-absorbed into mainstream activity, providing no measurable social benefit for some organisations.

The objectives of the fund are subject to annual review  to ensure we are able to prioritise outcomes against recognised social issues – employability, Welfare Reform, affordability, community or environmental.