Groups working with under 18s in Oswestry could be in with a chance of winning a share of £1 million thanks to a major scheme launched by a leading housebuilder.

Persimmon Homes is launching its national Building Futures programme in partnership with Team GB, the British Olympic Association.

The scheme, being run locally by Persimmon Homes West Midlands, aims to support community groups across three categories: sports, arts and education, and health.

Persimmon Homes is an official partner of Team GB as it prepares for Tokyo 2020 and beyond.

Building Futures is being delivered through the Persimmon Charitable Foundation, which last year gave away £620,000 to support children’s sport.

This year’s scheme is aimed solely at community projects for under-18s and targeted at grassroots sports groups, community groups dealing with physical and mental health issues and awareness, as well as arts and education projects.

Stephen Cleveley, director-in-charge of Persimmon Homes West Midlands, said: “We are looking for groups, charities and individuals who have amazing ideas on how to spend the big cash prizes to come forward. We will consider anything from new clubhouses and kit, to education and arts centres, research and support.”

A total of 128 grants of £1,000 will be awarded across Persimmon’s 32 regional businesses to improve facilities and the delivery of vital grassroots community projects.

Three initiatives will go on to win £100,000 each through a national award scheme voted on by the public. The winners will be named at a gala dinner for finalists in October.

In each sector – sport, education and arts, and health – as well as the £100,000 first prize, there will be a £50,000 second prize and a £20,000 third prize, while a further 87 shortlisted projects will each receive £5,000.

Building Futures was launched at The Heart of England Community Boxing Club in Hinckley, just months after it received a £200,000 cheque from the Persimmon Foundation. The cash helped to save the club from collapse.

Young people at the club were treated to a sparring session with London 2012 Olympic bronze medallist Anthony Ogogo as part of the Team GB link-up.

Visit www.persimmonhomes.com/building-futures/