The Co-operative Academy secures 100k for The Green Enterprise Project

January 12, 2010

Kathy Leaver, Principal of The Co-operative Academy of Manchester has secured £100K from The Britannia Foundation* for the Green Enterprise Project (GEP).

The GEP will help students from The Co-operative Academy of Manchester develop enterprise capability, financial literacy and business understanding. Helping students create their own enterprise projects, widen their understanding of credit and debit through business models and establish ethical guidelines to develop their understanding of citizenship and their global responsibilities.

The project which hopes to increase the numbers of students progressing into further or higher education or employment with training will aim to reduce the numbers of students not in education, employment or training (NEET)** figures and increase engagement, improve educational attainment measured via financial accreditations such as Maths functional skills, GCSE maths, a dult literacy and numeracy (ALAN)***, Certificate of Employable Skills, COPE Enterprise and the Open College.

The funding secured for the GEP will be used to appoint a specific GEP leader, an associate teacher to engage Primary and Secondary schools, the provision of a resource pack, training and support for the GEP staff, embedding the programme as part of collaboration across Manchester through shared training, resources and support activities.

Kathy says: “The GEP project engages with a wider audience, bringing financial literacy to life, encouraging the development of global citizens, ethical awareness, collective responsibility and community cohesion.”

“This project is about students becoming more numerate, financially literate and ultimately employable using the financial expertise of The Co-operative Financial Services which includes Britannia.

Rod Bulmer, MD Retail for The Co-operative Financial Services: “Since we made the decision to sponsor the Academy we had one aim, we wanted to make a clear difference, raise aspirations and the self-seem of students, the GEP offers the perfect vehicle to do just that within a financial context to achieve the students potential and improve their job prospects, it will certainly develop business acumen of all involved.”

For further information please contact

Alejandra Solis
The Co-operative Financial Services Press Office
Tel: 0161 903 3808
E-mail: alejandra.solis@cfs.coop

Notes to Editors

ISDN facilities available for broadcast interviews. ISDN telephone number 0161 833 3079

*About The Britannia Foundation 

The Britannia Foundation is Britannia's own registered charity, offering grants and donations, between £1,000 and £25,000, to registered charities and schools working within education, particularly numeracy and/or financial literacy.

It is an independent registered charity, number 1069081, with its own Board of Trustees who evaluate all grant applications.

Its community involvement provides a significant way of putting the values of The Co-operative Financial Services - of which Britannia is now part - into practice, making a positive contribution to local communities.

For more information about The Britannia Foundation, visit www.britannia.co.uk , email; charitable.foundation@britannia.co.uk or, telephone 01538 391734 .

**NEET refers to any student from the age of 16 who has left school and is Not in Education, Employment or Training.

***ALAN stands for Adult Literacy And Numeracy. It is an on line test which you can take and is accepted by employers. Level 1 is worth 1/2 GCSE grade D - G and Level 2 is worth 1/2 GCSE grade A-C.

About The Co-operative Financial Services

The Co-operative Financial Services (CFS) is part of The Co-operative Group, which is the world's largest consumer co-operative with around five million members, over £14 billion turnover, and core business interests in financial services, food, travel, pharmacy and funeral care. The Co-operative Group has 5,000 retail trading outlets.

Following the merger with Britannia Building Society on 1 August 2009, the new organisation is one of the largest and well diversified mutual businesses operating in both retail and corporate markets.

As part of The Co-operative Group, the new business will be characterised by its unique ethical and member reward policies and very high levels of customer advocacy.

The combined business has £70 billion in assets, 12,000 staff and nine million customers. It has over 300 high street branches, 20 corporate banking centres and a major presence in Manchester, London, Leek, Bristol, Plymouth, Skelmersdale and Stockport. There are also 1,000 face-to-face financial advisers throughout the UK.

It is the only mutual organisation that enables its members to earn financial rewards for the products they hold, as well as giving them the opportunity to have a say in how the business is ran.