Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Vodafone Foundation sets audacious target to transform lives


Vodafone New Zealand Foundation sets audacious target to transform the lives of young Kiwis

The Vodafone New Zealand Foundation has today unveiled a radical new $20 million strategy to support the most excluded and disadvantaged young Kiwis who don’t have access to the resources and opportunities they need to thrive.

Since the Vodafone New Zealand Foundation was established in 2002, it’s invested more than $25 million dollars in local communities to empower young people to reach their full potential.

Vodafone New Zealand Foundation Chair Antony Welton said as the only nationally focused youth funder, the organisation is incredibly passionate about the potential of young people.

“We have supported more than 100 inspiring community leaders through our flagship programme, the World of Difference. Each of them have given young people meaningful learning and working opportunities, and met with tremendous success.

“But after more than a decade we wanted to be sure our funding is moving the dial for our most excluded and disadvantaged young Kiwis, as well as leveraging the power of Vodafone,” Antony said.

Today the Vodafone New Zealand Foundation is starting a ten year, $20 million journey to transform the lives of young Kiwis at risk.

“According to Treasury data there are 210,000 young people at risk. Our aim is to halve that number by 2027. It’s an ambitious goal, and we know we’ll have to make some big changes to do so.

“We intend to leverage what is uniquely ours, as a global telecommunications company, with its huge human resources, specialised business, network, and technology expertise. But we also know we can’t do it alone, so we’ll be guided by research, community feedback, an expert advisory network, and any organisation that wishes to contribute to this ambitious goal ” Antony added.

Vodafone New Zealand Foundation Manager Lani Evans said the strategy will see new funding streams focused on six specific areas; youth who have interacted with the justice system, youth who have interacted with Oranga Tamariki, (Ministry for Vulnerable Children), young people who have a disability, health or mental needs, young people who are long term beneficiaries, rangatahi Māori and meaningful learning.

“One of the funding streams will specifically support innovation, with a pipeline approach. Our first call for applications will begin on June 1, and we hope to see our World of Difference Alumni and new community partners in the mix.

“We’ll also work alongside our innovation accelerator Vodafone xone, and the Vodafone Foundation Germany, to pilot a residential community accelerator that will rapidly develop, test and disseminate technology-based solutions for community problems,” Lani said.

ENDS

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Federated Farmers: Applauds UK-Australia Free Trade Deal

News that Australia and the UK have signed a free trade agreement is a promising step forward in the fight against tariffs and protectionism, Federated Farmers says.
"It reinforces the international rules-based trading framework and is important for rural producers and global consumers," Feds President Andrew Hoggard says... More>>



REINZ May Data: House Price Rises Continue; Auckland Hits New Record Median Price Again

Median prices for residential property across New Zealand increased by 32.3% from $620,000 in May 2020 to $820,000 in May 2021, according to the latest data from the Real Estate Institute of New Zealand (REINZ), source of the most complete and accurate real estate data in New Zealand... More>>

Energy Resources Aotearoa: Doubling Of Coal Use Shows Need For Local Natural Gas

New figures showing a near doubling of coal-fired electricity generation highlight New Zealand’s energy shortage and the need for natural gas as a lower carbon alternative, according to Energy Resources Aotearoa... More>>


Reserve Bank: Debt Serviceability Restrictions Added To Policy Toolkit

The Reserve Bank – Te Pūtea Matua and the Minister of Finance have agreed to update their shared Memorandum of Understanding (MoU) on macro-prudential policy and add debt serviceability restrictions to the list of potential tools available... More>>


Auction: 1.4 Million In Rare Vintage Watches, Gems, Jewels & Diamonds Go Under The Hammer At Webb’s

An auction event showcasing over 1.4 Million dollars in rare jewels, gems, diamonds and vintage watches is due to take place this Sunday by Auckland based auction house Webb’s... More>>

Catalist: NZ’s New SME Stock Exchange, Gets Licence To Go Public

New Zealand has a new stock exchange – designed specifically for small and medium-sized businesses (SMEs) to raise up to $20 million a year from the public.
Called Catalist, the exchange has already been successfully working the private investment sector.... More>>