DBS Foundation awards funding totalling SGD 4.5 million to 22 businesses for impact in the latest instalment of its annual grant programme

DBS FoundationDBSF[1]Impact Beyond Award^[2]Alphae Chen, Head of Group Strategic Marketing & Communications at DBS Bank (Hong Kong)

The Project Futurus promotes positive ageing, dignity dining and social inclusion through education, advocacy, and community service. The grant will be used to develop and promote inclusive dining for those with chewing and swallowing difficulties, procure production equipment, provide training, consultation, and marketing support to restaurant partners.

Motive Force advances elderly and disabled well-being through innovative gerontechnology, rehabilitation, and primary healthcare solutions. The grant will be used to increase production capacity and efficiency of a remote rehabilitation solution for fall prevention, leveraging 3D printing technology.

Rhys Workshop empowers marginalised communities with sewing training and remote work opportunities for sustainable careers. The grant will be used to scale up production by purchasing essential machines and providing training and employment opportunities for grassroots mothers.

deployed SGD 88 million (equivalent to HKD 506.5 million) to launch 15 new programmes in its key marketspledged up to SGD 1 billion (equivalent to HKD 5.7 billion) and 1.5 million employee volunteering hours over ten yearshttps://www.dbs.com/foundation/grants.html[1] Singapore, Mainland China, Hong Kong, Taiwan, India, Indonesia[2] This figure includes this latest instalment of the DBS Foundation grant programme[End]

About DBS Foundation

DBS Foundation is committed to uplifting lives and livelihoods of those in need.

Since 2014, it has been championing innovative businesses for impact – businesses that are focused on addressing key societal issues, and achieve profit through purpose. Through philanthropic funding, capacity-building, mentorship and other support measures, DBS Foundation catalyses the growth and impact of these purpose-driven businesses.

It also seeks to ignite positive change by helping the underserved and underprivileged to build towards better circumstances. This includes providing essential needs to those without, and fostering inclusion by equipping them with financial and digital literacy skills.

DBS Foundation also works with other like-minded partners to ignite enduring change. Its vision is to spark collective action to help build a better world; to make every day better and every tomorrow brighter. For more information, please visit: www.dbs.com/dbsfoundation