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Libro Credit Union Awards More Than $500,000

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Libro Credit Union awards more than $500,000 through the 2016 Prosperity Fund

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Libro Credit Union is partnering with WEtech Alliance to bridge this important gap by establishing the Libro StartUP accelerator program that provides financial and mentoring support to startup entrepreneurs of all ages in Windsor-Essex and Chatham-Kent. Libro StartUP is made possible through a generous $50,000 grant from the Libro Prosperity Fund.

Libro Credit Union (Libro) has awarded 41 recipients from the 2016 Prosperity Fund, which invests more than $500,000 to support programs and projects across southwestern Ontario that are helping to grow prosperity in three focus areas: regional economic development, youth leadership and money smarts.

“Libro is focused on growing prosperity in southwestern Ontario by transforming banking, and this is one way we do that. As a co-operative, we believe we can accomplish so much more together through collaboration and partnership. The 2016 recipients are stellar examples of the diverse outstanding work being done, in the 25 communities Libro passionately serves.” – Stephen Bolton, Libro Credit Union Head Coach, President and CEO.

The Libro Prosperity Fund invested in 41 organizations and community groups whose initiatives support entrepreneurship, financial knowledge and career skill development for young people – all aimed at growing prosperity across the region.

“Local decision making is the heart of our program and very important to Libro,” Bolton said. “Each of our 31 branches has a council made up of Owner Representatives who participate in the grant evaluation process and have a voice in the award selection. We believe the decisions should reflect the priorities of each community and our Owner Representatives help guide us through that.”

Also part of the Libro Prosperity Fund is the Libro Student Award, helping students aged 17 to 25 pursue post-secondary education, with $60,000 in awards.

2016 Libro Prosperity Fund Grants – For more details on the recipient projects, please visit libro.ca.

Local awards in Essex-Kent.

ORGANIZATION PROJECT LOCATION GRANT
ESSEX-KENT
River Lights Winter Festival and the Amherstburg Chamber of Commerce Downtown Holiday Nights Amherstburg $5,000
Firehorse Leadership Organization Youth Leaders in Action Amherstburg $5,000
Belle River District High School Belle River DHS Kitchen Update Belle River $10,000
Essex County Grain Farmers of Ontario District 1 Essex County Agricultural Education and Training Trailer Belle River $7,500
Blenheim Youth Centre Building Leadership and Confidence in Our Youth Blenheim $5,000
Kent Agriculture in the Classroom Action Committee Agriculture Science Kits Blenheim $5,000
Essex and Community Historical Research Society Digitizing Essex $5,000
Community Living Essex County Youth in Action – Summer Work Experience Essex $21,039
 
Access County Community Support Services Harrow Youth Centre – High School-Aged Youth Harrow $20,000
Kingsville Historical Park Museum Youth Museum Experience Kingsville $10,000
Rise Asset Development Youth Small Business Program – Leamington Leamington $7,500
WEtech Alliance Libro StartUP Windsor $50,000