The Cambridge has announced a three-year £22,500 pledge to Concrete Rose, aiming to create a self-sustaining financial support system for care leavers in Cambridgeshire. This initiative will help address homelessness and financial hardship faced by young people transitioning from care.
Funding Allocations:
- Jimmy’s Cambridge received £10,000 to fund a support worker for housing transition.
- Reach Haverhill was granted £10,000 for a Community Adviser in South Cambridgeshire.
- Cambridge Re-Use secured £3,674 for new computer equipment.
Carole Charter, representing The Cambridge, expressed pride in supporting organizations that make a lasting difference in communities. Mike Farrington from Concrete Rose emphasized the challenges faced by young people lacking family support during critical moments.
Meanwhile, on another front, Cambridge Aerospace has been active in defence technology. Their Skyhammer interceptor missiles were tested successfully in Jordan. These missiles have a range of 30km and can reach speeds of 700km/h.
The UK Ministry of Defence has signed a multimillion-pound contract with Cambridge Aerospace, which is expected to create 50 new jobs. The first tranche of Skyhammer missiles will be delivered to the UK Armed Forces in May.
In a related development, Barocal secured £7.4m in seed funding aimed at developing solid-state cooling and heating systems. This technology promises to reduce emissions significantly within the heating and cooling sector.
Mark Windeknecht from Barocal highlighted the breakthrough achieved with solid-state materials that could revolutionize current cooling methodologies.
