v, the National Young Volunteers Service launches the vcashpoint, where funding will be provided for young people aged between 16-25 in England who want to set up their own community project.

vcashpoint provides grants of up to £2,500 to support young people and get their projects off the ground.

v, in partnership with HSBC, has invested £1 million in vcashpoint as a ‘Match Fund’ project, accessing Government funds through a unique scheme which matches up to 100% of private sponsor donations.

Since its launch in 2007, 457 young people have put their volunteering ideas in to action through vcashpoint funding, generating over 1700 volunteering opportunities.

The deadline date for vcashpoint is 17 August 2009.

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Words by Nadifa Sheikhey