Birmingham's biggest private sector employer is urging West Midlands community groups and educational institutions to apply for a share of £100,000 in funding.
Since its launch last year the National Express Foundation has awarded tens of thousands of pounds to foundations working with young people.
Community groups based in the West Midlands, working with young people in deprived areas, are eligible to to apply for grants of £2,500 or £5,000 in 2012.
Local colleges and universities can also apply for funding of £10,000 per year with proposals for a bursary scheme.
Anthony Vigor, chairman of the National Express Foundation, said: “We know so many people are active in the community, so if they think they would benefit from our support we urge them to look at our funding criteria and put forward an application.”
Guidelines on how to apply can be found at www.nationalexpressgroup.com/foundation.