The Be Inspired Business Awards, the BIBAs, has today confirmed it is forming The BIBAs Foundation with the Community Foundation for Lancashire.
The body will create a fund made up of donations from leading members of Lancashire’s business community which will be handed to organisations and charities throughout the county.
Karen Morris, spokesman for the Community Foundation for Lancashire, said the fund would offer businesses the chance to make a difference in the communities which support them.
She said: “The Community Foundation for Lancashire is part of a national network of bodies with a history of working alongside philanthropists and business leaders with a desire to make a positive change to their communities.
“By setting up the BIBAs Foundation, we hope to encourage even more people across the county to invest in Lancashire’s voluntary and community sector to enrich the lives of people in and around Lancashire and through them create united, thriving and prosperous communities.”
The Community Foundation for Lancashire, in partnership with asset management firm ,Investec and The Grand in Clitheroe, has also signed up to back a new award up for grabs at this year’s annual prize-giving ceremony.
The Most Inspiring Business Award will go to a business judged to have made a major contribution to Lancashire.
The winning business may not even be among those shortlisted for its main 17 prize categories.
Mick Gornall, managing director Springfields Fuels Ltd, which is backing the BIBAs’ Medium Business of the Year prize, said the launch of the BIBAs Foundation would take the awards to “another level.”
He said: “For generations, Springfields Fuels has had the communities of Lancashire at its heart, not only through the people we employ but through the countless individuals and organisations we have supported down the years.”