July 31 Deadline to Apply for $500,000 Accelerating Change Together (ACT) Grant
The July 31, 2024, deadline to apply for the $500,000 ACT Grant is quickly approaching.
The BayPort Foundation, Ferguson, Newport News Shipbuilding, a division of HII, and Virginia Natural Gas announced a community partnership to fund a three-year, $500,000 transformational grant called Accelerating Change Together (ACT).
This year's grant focus will be Education and Workforce Development. The grant will run from 2024 to 2026 and aims to invest in the Hampton Roads nonprofit community to build upon education and develop a skilled workforce that benefits the nation.
Subject to the Contributions Committee's annual review of the nonprofit's demonstrated effectiveness in submitting the application, the recipient will receive a step-down grant in the following yearly payments.
Year 1: $250,000
Year 2: $175,000
Year 3: $75,000
The ACT Grant was initially launched in 2022. The inaugural year's grant provided an instant lift in equipment funding, enabling the Virginia Beach Education Foundation and Virginia Beach City Public Schools (VBCPS) to add a new two-year, half-day Advanced Technology Center Renewable Energy Technologies program.