€2m ‘Growing Social Enterprise’ capital support scheme launched
On 24th July, The Minister for Rural and Community Development Heather Humphreys TD announced the new €2m Dormant Accounts Funded ‘Growing Social Enterprise fund’.
This fund will provide capital grants of between €1,500 and €100,000 to social enterprises to assist them to achieve their social, environmental or economic objectives. Funding will be used for projects such as building works, repairs, refurbishments, or for the purchase of new machinery, vehicles or equipment. Pobal are administering this scheme on behalf of DRCD.
Announcing the scheme, Minister Humphreys said:
“I am delighted to launch the new 2024 ‘Growing Social Enterprise Capital Fund’. This €2m fund will provide much needed support nationwide to purchase equipment or undertake building works, enabling social enterprises to continue the great work they do in our communities.”
The fund is now open.
The closing date is 5pm on 20 September 2024.
Click here for more information and details on how to apply.