The Security Industry Authority (SIA) is calling for charities to register their interest in a package of funding created from money confiscated from criminals.
The SIA wants to hear from charities that will be able to use the finding to protect the public.
The funding uses “ill-gotten cash confiscated from individuals convicted of criminal offences within the private security industry”.
The SIA is looking to ensure the money is used for good causes, according to its head of criminal investigations Pete Easterbrook.
“We welcome applications from charities and other not-for-profit organisations where they can demonstrate a grant will have a positive impact on public protection or the wider security industry,” he said.
“We believe that crime should not pay, so it’s fitting that illegally-acquired money should be removed from criminals and used for the benefit of the security industry.”
The deadline for expressions of interest is 21 January.
Previous beneficiaries of the funding have included Prince’s Trust Northern Ireland for its Get into Security initiative and the EY Foundation’s Secure Futures scheme.
Another is the Worshipful Company of Security Professionals Charitable Trust’s Covid-19 crisis fund.
The SIA is responsible for regulating the private security industry and reports to the Home Secretary.
Recent Stories