Minister Michael Ring allocates €1.65 million for Social Enterprise projects across the country
Michael Ring, T.D., Minister for State for Regional Economic Development today (Tuesday) announced the allocation of €1.648 million in funding from the Dormant Accounts Fund to 42 social enterprise projects across the country. The allocations follow a competitive call for proposals from social enterprises that provide services to, or employment opportunities for, disadvantaged people, particularly in rural areas.
Making the announcement today, Minister Ring said:
“Social enterprises play an important role in supporting local communities, in promoting social inclusion, and in helping those who are most distant from the labour market.
I am pleased to be able to announce today the allocation of €1.648 million from the Dormant Accounts Fund to support 42 social enterprises in their work in helping communities, creating jobs and providing enhanced services to those most in need”.
The Minister continued:
“There was a huge interest in the call for proposals which was launched in February, and almost 200 applications were received. I want to thank Pobal for assisting my Department in assessing the applications and in helping to identify those projects that can have the greatest impact with the funding available under this scheme. I believe that the projects being funded will play an important role in providing much-needed supports and services to local communities, particularly in rural areas.
A full list of all successful projects, including the grant amounts awarded, is available on the Department’s website