The Security Industry Authority has announced the opening of its grant for good causes fund for 2023 to 2024. Registered charities and community interest companies in the UK have until Sunday 18 February 2024 at 11:59pm to apply for funding. Eligible organisations must show how a grant will benefit the UK private security industry and/or support public safety.
Through the fund, the UK's private security industry regulator distributes money recovered through proceeds of crime confiscation orders to good causes in the UK. Since 2019, the SIA has awarded nearly £180,000 to organisations including Young Enterprise, The EY Foundation and The Prince's Trust.
Confiscating ill-gotten cash helps to deter others from committing crime, makes sure that people do not financially benefit from criminal acts, and makes it harder for convicted criminals to come back into the private security industry.
Ronnie Megaughin, Head of Compliance and Inspections at the Security Industry Authority, said:
I'm delighted to announce the opening of the SIA grant for good causes fund for this financial year. I encourage eligible registered charities and community interest companies in the UK to apply before the deadline.
We believe that crime should not pay. It's fitting that the illegally acquired money we recover through confiscation orders is used for good, to benefit the wider private security industry and help to protect the public.
