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06.11.2018

Bank Austria Social Prize 2018 for Vienna goes to Caritas’ project "Commit@work"

  • Bank Austria Social Prize for Vienna was awarded yesterday to the project "Commit@work" by Caritas, which supports young refugees in their first steps in working life
  • The total funding for the 2018 Social Prize amounts to 81,000 Euro; a total of 9,000 Euro will be awarded to the three winning projects in each federal state
  • The Bank Austria Social Prize was awarded for the ninth time this year, half a million Euro in prize money have already been awarded over the years
  • Yesterday's "Festival of Art and Social Commitment" also celebrated the successful conclusion of the 2018 crowdfunding initiative, in which UniCredit Bank Austria provided a total of 100,000 Euro for crowdfunding campaigns by art projects with a social relevance

On Monday, 5 November 2018, the Managing Board of UniCredit Bank Austria invited guests to the State Rooms of the Albertina in Vienna on the occasion of the presentation of the 2018 Social Prize for Vienna. ”Commit@work", a project by the Caritas of the Archdiocese of Vienna that supports young refugees in finding a job and taking their first steps in working life as part of a Buddy Project, was awarded at the "Festival of Art and Social Commitment". The project matches young refugees between the ages of 16 and 24, who for the first time are looking for an apprenticeship or are just starting out with a buddy to accompany and support them on their way.

The Bank Austria Social Prize was awarded for the ninth time this year. The prize was awarded for the sixth time at regional level - i.e. in all nine federal states. The Bank Austria Social Prize honours outstanding social projects from Austria and, with around 1,200 applications, over 100 award-winning projects and a total of half a million Euro in prize money, can look back on a remarkable record since the beginning.

Jürgen Kullnigg, Member of the Management Board of UniCredit Bank Austria: "As a major bank, UniCredit Bank Austria not only feels committed to economic success, but has also been actively involved in the social sector for many years. The support of disadvantaged people is particularly important to us. I am delighted that we can contribute with the prize money to help the winning Viennese project 'Commit@work' continue its excellent work for refugees for the next year".

Prize money totals 81,000 Euro throughout Austria

In 2018, UniCredit Bank Austria will provide a total of 81,000 Euro for the best projects in Austria as part of the Social Prize. The placements were decided in an online voting throughout Austria. The selection for the online voting is made each year by a regional jury of experts, which nominates three finalists. The jury includes Caritas Director Michael Landau, SOS-Kinderdorf Managing Director Christian Moser, UniCredit Bank Austria Chairman Robert Zadrazil and UniCredit Bank Austria Sustainability Manager Roman Jost.

The prize money of 9,000 Euro per federal state will be divided between the three finalists depending on the voting: The first-place project will receive 6,000 Euro, the second-place project 2,000 Euro and 1,000 Euro will go to third place.

The winners of the Bank Austria Social Prize 2018 in all Austrian federal states as well as further details and information on the projects can be found on the Bank Austria website at http://sozialpreis.bankaustria.at

Crowdfunding Initiative 2018

On the occasion of yesterday's "Festival of Art and Social Commitment" not only the Social Prize 2018 for Vienna was awarded, but also the successful conclusion of the crowdfunding initiative 2018 was celebrated. UniCredit Bank Austria, in cooperation with the platform wemakeit, supports innovative art projects with a social relevance.

Over the past three years, the Bank has assumed one third of the total financing costs of selected socially relevant projects: The corresponding campaigns were carried out via the crowdfunding platform wemakeit.

Each successful crowdfunding campaign receives one third of its total financing from UniCredit Bank Austria. A prerequisite is the financing of the first 33 percent by at least 20 supporters. The last third must then again be financed by its own network - the crowd. Once the campaign is successfully completed, the total amount is paid out.

UniCredit Bank Austria once again provided 100,000 Euro for crowdfunding this year. With third party funding, it tripled its support for the art and cultural scene throughout Austria. In this way, UniCredit Bank Austria has initiated approximately 1.2 million Euro in financing funds since 2015.

Enquiries: UniCredit Bank Austria Press Office
Franziska Schenker, Tel. +43 (0) 50505 – 51417
E-mail: franziska.schenker@unicreditgroup.at

 

The printing of the photo is free of charge. Copyright: UniCredit Bank Austria.