Minister Humphreys Announces €1 million in Capital Funding for Social Enterprises
· Funding to support 247 Social Enterprises nationwide
· Small grants for repairs and renovations, new equipment and safety upgrades
· Initiative delivers on key commitments in ‘Our Rural Future’ and ‘National Social Enterprise Strategy’
Minister for Rural and Community Development, Heather Humphreys TD, on Monday, December 6th announced funding of €1 million to support 247 Social Enterprises with their capital costs.
The Social Enterprises Capital Grants Scheme will provide small grants to Social Enterprises to assist them in carrying out renovations or repairs to their premises.
The funding will also be used for the purchase of equipment such as outdoor seating and canopies, playground equipment, machinery, kitchen equipment, laptops, iPads and printers, training equipment, CCTV and so on.
Grants ranging from a few hundred euro to €14,500 are being provided under the Scheme, which is funded from the Dormant Accounts Fund.
The grants will be administered on behalf of the Department by the Local Community Development Committees (LCDCs).
Making the announcement, Minister Humphreys said:
As Minister, I’m very conscious that COVID-19 has been challenging for all businesses, including our Social Enterprises.
This funding will assist almost 250 Social Enterprises with specific costs in relation to their facilities.
In some cases, it will cover the cost of fixing a leaky roof or putting in a new kitchen.
Other organisations will use the funding to purchase the likes of new furniture or IT equipment.
The grants may be small in nature but I know they will greatly assist Social Enterprises the length and breadth of the country who have continued to serve their communities through the Pandemic.
The Minister continued:
This particular scheme will support one of the key policy commitments in the National Social Enterprise Policy for Ireland – “Growing and Strengthening Social Enterprise.
And it also supports the objectives of ‘Our Rural Future’, the Government’s ambitious five-year strategy for Rural Ireland.
Our Social Enterprises are at the heart of that strategy. As Minister I am determined to continue to support our Social Enterprise sector to develop further in the future, creating jobs and having a positive impact in our communities.
Finally, I want to recognise the role of our LCDCs, who are administering this funding at a local level.
Welcoming the news, Minister of State, Anne Rabbitte said:
Democracies flourish when large numbers of citizens acquire the capacity to shape civic and economic life. Social Entrepreneurship is a process that enables citizens to do just that. They must be supported, nurtured and developed.