Yayasan TM has launched its new Social Impact Grant of RM1,500,000 to assist NGO’s and CSO’s who are looking to expand their social enterprise work to a bigger scale.
The fund is divided into two categories, namely YTM Social Impact Gold Grant, with each grant ranging from RM100,000 to RM250,000 allocated for mid-term projects (with the duration of up to one (1) year) while YTM Social Impact Silver Grant is meant for short term projects (with the duration of three (3) to six (6) months) with funding of RM50,000 to RM100,000 per grant.
Izlyn Ramli, Director of YTM enthused, “We aim to accelerate our efforts in bringing assistance to those in need through a collaborative model with like-minded NGOs, CSOs, social enterprises, foundations, and community clubs/associations. So, to new and small NGOs as well as CSOs, let us help you get started or get moving on your programmes that address various social issues for marginalised communities.”
“This grant supports YTM’s three pillars: Education, Community & Nation Building, as well as Tourism, Culture & Heritage. We hope that as we expand the network and reach of worthy initiatives and organisations, by working together we can scale up to more effectively to amplify the social impact for communities in need in Malaysia, and perhaps even beyond,” she added.
Applications are now open and end on 31 August 2022. Eligible organisations can find out more about YTM Social Impact Grant, by visiting https://www.tm.com.my/yayasantm/pages/ytmgrant.html.
