WeTransfer, the B Corp company with a set of tools for the creative process, has announced the creation of WeTransfer’s Supporting Act Foundation to support emerging creative talent through arts education, grants, and an annual prize.
WeTransfer’s Supporting Act Foundation will be constituted as an independent charity in the Netherlands but will operate across a wider geography including the US, UK, Italy, France and Germany, with the potential to expand to other countries in the future. WeTransfer will endow the foundation with an initial €1M in 2022 and commit 1% of revenue* on an ongoing basis. The first bursaries and grants will be allocated in 2022.
WeTransfer’s Supporting Act Foundation will provide funding to young creatives including artists, musicians, filmmakers, photographers, or designers to enable them to study at home and abroad. In addition, it will operate a programme of grants, offering awards for work that align with WeTransfer’s B Corp values of sustainability, responsibility, and inclusivity.
Find our more about this exciting news on the WeTransfer website here.