Rural Affairs Minister Michael Ring unveils €800,000 in grants to improve social enterprise standards
Rural Affairs Minister Michael Ring will today announce €800,000 in grants for social enterprise projects all across the country.
The funding is to provide training and mentoring for social enterprises throughout Ireland and comes from the Dormant Accounts Fund.
The money can be applied for by people involved in providing social enterprises, including local councils, local development companies and higher education institutions, and is aimed at improving social services standards.
Mr Ring said he expected up to 300 social service projects to benefit from the funds over the next 12 months. Funding is aimed at improving social organisations in areas such as business planning, mentoring, leadership, governance, financial planning and digital innovation.
"This could include, for example, advising an organisation on how to develop a business plan, how to apply for funding or how to participate in public procurement processes," the minister told Independent.ie.
The grant applications will be assessed by the Government's community development support organisation Pobal. Mr Ring said it would be seeking expressions of interest soon and the money would be allocated before the end of this year.
Mr Ring added that the funding was an important component of the National Social Enterprise Policy which is to help social enterprises in Ireland grow and to have a positive affect in rural and urban areas.