Chicago-area financial firm SBB Research Group congratulates all the winning August 2020 candidates of its own quarterly grant program encouraging socially impactful non-profit organizations throughout the COVID-19 pandemic. This is an initiative of the Company to help fund community projects which will help sustain the community and fight poverty. As an independent third party company, SBB Research Group works together with the community and other stakeholders in helping them achieve their goals. They are now working on a $25 million project from the Austin Metropolitan area.
SBB is proud to partner with other nonprofit organizations in grant programs that are intended to help communities meet a few of their unique challenges. Our intention is to support our local nonprofit partners from the United States by providing a variety of tools to help them meet the challenges confronting our community now and for the future. These include grants for development, entrepreneurship, arts and culture, education, women and leadership programs, public health, and volunteer services. Our community grants are supported through donations, contributions, sponsorships, and individual efforts.
One of our neighborhood grant projects will encourage programs that produce a social impact from entrepreneurship. We feel that entrepreneurship can result in sustainable growth. Our work in this area includes helping businesses create strategic plans, create financial plans, raise their market value, and implement programs that lead to sustainable economic growth. We believe a business program can build relationships with the community and enhance the local economy. We think that this is the trick to growing our communities.
Our grant will also support community improvement activities that have promotion strategies, fundraising activities, and promoting arts and culture. Our applications will encourage programs that encourage people to start small businesses SBB Research Group. Our neighborhood grants will also provide capital to community organizations and civic groups to help build applications and community events that improve the quality of life of their communities. The Chicago-area programs funded through our community grants are made to help the communities become more resilient, and increase the power of our communities to address the challenges facing us today and to the future.
Community grant programs are provided to nonprofit organizations and other private foundations. Our awardees are responsible for fulfilling their award commitments by giving funds to community development and societal impact efforts.
Our Community Grant Program is currently funded through private contributions from an anonymous donor. In the last three decades alone, our community grant applications have helped to fund a number of projects. These include providing funding to finance the Austin Metropolitan community Healthy Austin Strategy, financing the Community Development Institute in the Greater Austin Chamber of Commerce, funding a free summer youth camp program, and providing seed funds for the Citi Habitat to develop an outdoor fitness center. This year we funded the yearly Youth Gathering in Chicago which brings together hundreds of kids and adults that come together to celebrate and revel in each other's company. By supporting the Community Grant Program in SBB Research, our philanthropic and community jobs will continue to grow and prosper.
