Irish charities to be awarded €13,500 as part of PayPal's financial inclusion programme
Three Irish charities will be awarded total funding of €13,500 as part of a financial inclusion programme from PayPal.
Groups working to break down financial barriers for individuals and small businesses can apply for the firm's Financial Inclusion Charity Grant.
The successful applicants will be awarded bursaries valued at €8,000, €4,000 and €1,500 respectively.
According to PayPal, the initiative is aimed at assisting those with poor credit histories or fine motor skill challenges, in addition to ambitious start-ups and SMEs struggling to secure affordable financial services.
Junior Achievement Ireland - which encourages young people to remain in education - and Young Social Innovators - which encourages young people to use their creativity to tackle social issues - are both previous beneficiaries.
"Poor access to basic financial services is still a significant issue in Ireland, which we’re determined to tackle,"
Maeve Dorman, PayPal’s Vice President of Merchant Operations in Europe, Middle East and Africa, said.
"By supporting local charities across the country, we hope to have a positive impact on the lives of people who feel excluded from traditional financial services."
Applications are now open to registered Irish charities, with a deadline of October 13. For further information and an application form, contact firstname.lastname@example.org.