The Business Magazine - B2B Business News - Site Logo
The Business Magazine March 2024
Read now
PICK YOUR EDITION

Didcot Powerhouse launches to support local community

25 January 2022
Share
The Business Magazine article image for: Didcot Powerhouse launches to support local community

A new fund has launched today to support the community in the fast-growing town of Didcot.

The Didcot Powerhouse Fund is inviting community focused organisations inside the Didcot Garden Town Area of Influence to apply for grants. The theme for 2022 is ‘Supporting Children, Young People and Families as we Emerge from the Pandemic’.

The Didcot Powerhouse Fund is a Donor Advised Fund and was founded to address inequality in Didcot, a town that has a mixed profile of neighbourhoods where affluent areas adjoin those with greater need, placing some of Didcot’s wards in the top 20 per cent of the Index of Multiple Deprivation in England which encompasses seven key social measures.

Fuelled by financial donations from an initial core group of businesses and individuals in 2021, the Fund is managed by Oxfordshire Community Foundation. An annual Grant-giving process will be used to help community support bodies sustain their important work, sharing £80,000 across eligible organisations in 2022.

The Fund is keen to attract many more local business donors, churches, and individuals to help fundraise, either by making donations or by offering their services or fundraising efforts in support. Donors already committed to the project are Didcot First who host the Fund; MEPC Milton Park, housing association Soha, drug discovery company Evotec, publishers Hachette UK Distribution, Harwell Campus, pharmaceutical company Ipsen, Asda, CTS, Diamond Light Source, Infinium and Reef Group.

Williams Jones Estate Agents in Didcot celebrate their 10th anniversary in 2022 and William Peddie, Director said “We immediately saw the advantages of becoming a sponsor for the Didcot Powerhouse Fund as an opportunity to return the incredible goodwill we have received from Didcot people during our last decade of business here. We were unaware of some of the issues locally and want to do something proactive to help.”

Richard Kennell, Director of charity SOFEA said “Even though SOFEA is now too large to apply, we welcome this new source of funding for Didcot. We provide education, employment, and wellbeing programmes for vulnerable youngsters as well as tackling food insecurity. Funding is always a primary concern for charities such as ours to be able to plan forward.”

Ann Middleton, President of the Didcot Chamber of Commerce said “This is really positive news for Didcot and very soon we will be reaching out to invite Didcot businesses to engage with The Didcot Powerhouse Fund. I am confident there will be a willingness to support these collaborative efforts to build a better town for everyone to enjoy.”

Charities and community organisations can go to https://oxfordshire.org/the-didcot-powerhouse-fund to make an Expression of Interest and the closing date for applications is 17th February 2022.


Nicky Godding is editor of The Business Magazine. Before her journalism career, she worked mainly in public relations moving into writing when she was invited to launch Retail Watch, a publication covering retail and real estate across Europe.

After some years of constant travelling, she tucked away her passport and concentrated on business writing, co-founding a successful regional business magazine. She has interviewed some of the UK’s most successful entrepreneurs who have built multi-million-pound businesses and reported on many science and technology firsts.

She reports on the region’s thriving business economy from start-ups, family businesses and multi-million-pound corporations, to the professionals that support their growth and the institutions that educate the next generation of business leaders.

Related topics

Related articles

Latest Deal Ticket

view more
Padel centre operator PadelStars (Hampshire)
has received investment from
Golf and leisure operator Dwellcourt Group (Surrey)
April 2024
UNDISCLOSED
Who's behind the deal?

Upcoming events

view more
01
May

South Coast Property Forum: Networking Lunch

Ennios Ristorante
Southampton
More info
23
May

Thames Valley Tech Forum: Networking Drinks

Malmaison Hotel
Reading, RG1 1JX
More info
06
Jun

South Coast Property Awards 2024

Hilton Southampton
Utilita Bowl
More info
12
Jun

Leadership Roundtable: Developing strategies for financial returns over the next decade

Herrington Carmichael, Farnborough Aerospace Centre, GU14 6XR

More info
18
Jul

Thames Valley Tech & Innovation Awards 2024

Reading FC Conference & Events
Select Car Leasing Stadium, Reading
More info
26
Sep

Thames Valley Property Awards 2024

Ascot Pavilion
Ascot Racecourse
More info
03
Oct

South Coast Tech & Innovation Awards 2024

Hilton Southampton
Utilita Bowl
More info
07
Nov

Thames Valley Deals Awards 2024

Reading FC Conference & Events
Select Car Leasing Stadium, Reading
More info
21
Nov

Hampshire Business Awards 2024

Farnborough International
Exhibition & Conference Centre
More info

Related articles