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FUNDING FOR SOCIAL ENTERPRISES – APPLICATIONS INVITED

FUNDING FOR SOCIAL ENTERPRISES – APPLICATIONS INVITED 

The Social Enterprise Development Fund, a €1.6 million fund which will be delivered over two years; 2018 – 2020, is now open for applications.  The fund was created by Social Innovation Fund Ireland (SIFI) in partnership with Local Authorities Ireland and funded by IPB Insurance and the Department of Rural and Community Development. 

The objective of the fund is to find and back social enterprises that add to the social and economic fabric of their community by way of social impact; creating a national pipeline of social enterprises. The fund will provide critical support to the most innovative and impactful projects proposed by social enterprises across Ireland helping them to increase their social impact and traded income, to create more jobs and develop long-term, effective and sustainable solutions across Ireland.

WHAT DOES THE FUND OFFER?

Up to 8 social enterprises will each receive cash grants of €50,000.  .Awardees will also obtain a place on the SIFI six month Accelerator Programme which is designed to help social enterprises improve their effectiveness. By joining the programme, organisations will gain access to a peer network of the best social enterprises in Ireland.

WHO CAN APPLY? 

The applicant must be a social enterprise with a not-for-profit legal form. Social enterprises are defined as organisations that:

  • Have a clear social mission and make a social impact
  • Generate income from goods or services
  • Reinvest any surplus into achieving their mission
  • Are separate from government or state agencies.

The deadline for applications is 28 March 2018.  Click here (http://www.socialinnovation.ie/social-enterprise-development/) for  further information or to apply

Funding for Social Enterprises

 

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