December 10, 2012 – PNC has awarded a $45,000 grant to the N.C. Community Development Initiative to enable more community economic development organizations across the state to participate in the organization’s new Technical Assistance Program.
The three-year program, scheduled for launch in February, will help N.C. community economic development organizations and their leadership gain the organizational and technical skills needed to create jobs and spark sustainable economic growth in limited-income communities across the state.
“PNC has a history of investing in organizations successful in promoting economic development in the communities in which we operate,” said Lori Jones Gibbs, vice president of Community Development Banking for PNC in the Carolinas. “Our grant will help more community economic development organizations gain important skills to improve their work in shaping a stronger economic future in our communities across the state.”
The new technical assistance program will complement investments the Initiative is making through two new signature investment programs, the Community Enterprise Fund and the Innovation Fund. It will enable grant recipients to participate in customized training and technical support programs to support their community initiatives.
“We see this new program as essential to the success of our new grant-making strategy, which promotes long-term planning and goal-setting by a broad and diverse set of community development organizations and members of the communities they serve,” said LaVett Saddler, program officer for innovations, who is developing and managing the program. “We want to ensure these organizations have the strategies, knowledge and capacity to successfully complete their development projects, protect stakeholder investment and promote economic growth in their communities.”
The technical assistance program will include a mix of training events and one-on-one technical support and consulting, based on each organization’s projects and needs. Some of the activities and resources will be available to the public. For more information, contact Saddler at 919.835.6015 or firstname.lastname@example.org.
The N.C. Community Development Initiative leads North Carolina’s collaborative community economic development effort, driving innovation, investment and action to create prosperous, sustainable communities. For more information, visit www.ncinitiative.org.
The PNC Foundation, which receives its principal funding from The PNC Financial Services Group (NYSE: PNC), actively supports organizations that provide services for the benefit of communities in which it has a significant presence. The foundation focuses its philanthropic mission on early childhood education and community and economic development, which includes the arts and culture. Through Grow Up Great, its signature cause that began in 2004, PNC has created a $350 million, multi-year initiative to help prepare children from birth to age 5 for success in school and life.