Deadline: 28 March 2018
Social Innovation Fund is seeking applications for its Social Enterprise Development Fund with an aim to find and back social enterprises that add to the social and economic fabric of their community by way of social impact.
The Social Enterprise Development Fund is a €1.6 million fund which will be delivered over two years, 2018 – 2020. 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.
Objectives
The fund will provide critical support to the most innovative and impactful social enterprises across Ireland, helping them to:
- Increase their social impact
- Increase their traded income
- Create more jobs
- Develop long-term, effective and sustainable solutions across Ireland
Funding Information
- Eight cash grants of €50,000
- Up to eight social enterprises will receive a cash grant of €50,000.
- At least two grants will be awarded to support the most innovative and impactful projects proposed by social enterprises in each of the following categories
- Best Social Enterprise Project Urban x 2
- Best Social Enterprise Project Town x 2
- Best Social Enterprise Project Rural x 2
Eligibility Criteria
- 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 in achieving their mission
- Are separate from government or state agencies
- The Social Enterprise Development Fund will accept applications from:
- Social enterprises, as defined above
- Social enterprises which sit within larger not-for-profit organisations, such as charities and voluntary organisations
- Applicants must be over 18 years old
- Applications must come from an entity that has a not for profit legal form
- Social Innovation Fund Ireland and IPB Insurance staff, Directors and their family members are excluded from applying
How to Apply
Applications must be submitted online via given website.
Eligible Country: Ireland
For more information, please visit Social Enterprise Development Fund.