Newcastle-based procurement consultancy, Prosper is celebrating awarding another £250,000 to its social regeneration fund, taking the total investment, to help create new employment opportunities and support community projects in the North East, to over £1.7 million.

Since its creation in 2011, more than 50 projects have been set up by landlords, including Thirteen Group, Karbon Homes, County Durham Housing Group and Your Homes Newcastle to name but a few, because of contributions from the fund and more than 50 permanent and temporary job roles created.

Projects have included schemes providing training to help those looking for work to enhance their employment searching and interview skills, to initiatives offering tenants of Prosper’s members specialist advice and guidance on topics relatable to them.

Rod Brasington, chief executive of Prosper, said: “We’ve seen a range of different initiatives launch over the last seven years which have helped a lot of people in different communities.

“The fund has, and continues to be, a great way for landlords to make a difference in their area.”

The money is given as an annual dividend payment to Prosper’s members depending on their throughput with the consultancy in a 12-month period.

The company have also set up a small-scale funding pot of £10,000 called Launchpad. This fund is designed to help Prosper’s members’ tenants with things ranging from transport costs for getting to and from interviews, help paying licence fees for forklift truck operatives, protective clothing costs, training costs and more.

For more information about Prosper, their social regeneration fund and what they do, contact info@prosper.uk.com or visit www.prosper.uk.com