Youth charity The Prince’s Trust has recently launched the One Million Pound Challenge, which aims to raise £1m through employee fundraising in the Built Environment sector.
This unprecedented initiative, launched in the Trust’s 40th year, will raise vital funds to help 1,000 more disadvantaged young people get into education, training or employment.
In the built environment sector alone, an additional 200,000 jobs are expected to be created over the next five years. By coming together, the companies will not only be raising vital funds, they will be displaying a commitment to helping many more young people access jobs in the sector and address the skills gap.
Built Environment Leadership Group and CITB chairman James Wates said: “The Million Pound Challenge is an ambitious and exciting project.
“We hope to raise £1m in a year but we still need many more companies to take part in this collaboration. A target isn’t worth setting if it’s too easy to achieve, and we definitely won’t achieve our £1m target without the support of many more in the sector.
“There are still three-quarters of a million young people who are out of work in this country and there are far too many young people who leave school without any qualifications. The need is great, we must do more. And, collectively, we can do more.”
Palace to Palace
One of the ways companies and staff are encouraged to reach their target in raising funds for the Trust is to take part in the Palace to Palace bike ride. The 11th ride, supported by Capita, will take place on Sunday 2 October.
The event will take cyclists from Buckingham Palace to Windsor Castle, passing some of London’s most iconic sites including Richmond Park, Hampton Court Palace and The Long Walk at Windsor Castle.
Riders have two distances to choose from: the 72 km Classic route, or a 145 km Ultra route for those seeking a bigger challenge. Cycle Republic will provide riders with access to bike mechanics along the route, in case they encounter any issues.
In the last 11 years of Palace to Palace, over 1.9m km have been cycled by those who have taken on the Palace to Palace challenge to raise money for disadvantaged young people and support them into work.
Previous years have seen a number of well-known names take part including: Sherlock actor Benedict Cumberbatch, Strictly Come Dancing’s Kristina Rhianoff and TV presenters Gabby Logan and Anna Williamson. This year, BBC Weather presenter Carol Kirkwood and Channel 5 news presenter Matt Barbet are already announced among the participants.
Wates Group CEO Andrew Davies is leading his company’s team: “I am a keen cyclist and have signed up to RideLondon and the Palace to Palace cycle this summer to raise funds for The Prince’s Trust. The vital work that the Trust does to support young people is a key motivator for me.
“There’s always a brilliant atmosphere at the Palace to Palace ride. With so many companies entering teams, some healthy competition is a given. I’m cycling as part of the Wates team and we are hoping to have 100 riders on the road in our team, supporting Wates’ commitment to the Trust.”
The Prince’s Trust helps disadvantaged young people gain the skills and confidence to find work. Three in four young people helped by the charity move into work, education or training.
The challenge has already brought together some of the Trust’s existing partners, including Balfour Beatty, Costain, ENGIE, ISS, Rydon, Systech, UPP and Wates, with many others set to join the initiative.
Other companies wishing to take part in this sector-wide challenge should contact Emily Larkin at The Prince’s Trust at firstname.lastname@example.org or on 020 7543 7428
To take part in the Palace to Palace challenge, register on https://www.princes-trust.org.uk/support-our-work/events/palace-to-palace-2016