From Pobal
Aim: To provide capital grant supports to assist social enterprises achieve their social, environmental or economic objectives.
Purpose: Funding will be provided to social enterprises to be used for capital projects such as building works, repairs, refurbishments, or for the purchase of new machinery, vehicles or equipment.
About the Fund:
Funding for this Growing Social Enterprise Fund is 100% sourced through Dormant Accounts. The Department of Rural and Community Development are the lead department for this fund with Pobal taking on the role of fund administrator.
The DAF Growing Social Enterprise Fund is through a competitive open call to provide investment capital to social enterprises to:
- Conduct necessary repairs, maintenance, change of use or expansion works to their premises to support the sustainability of the enterprise. Confirmation of planning permission needs to be provided, if applicable.
- Upgrading works to their premises to reduce overhead costs e.g. measures to reduce energy consumption. Confirmation of planning permission needs to be provided, if applicable. This funding could be in addition to the available retrofitting grants available through the SEAI.
- Acquisition of equipment to sustain current levels of productivity.
- Acquisition of equipment designed to increase current level of productivity.
- Acquisition of advanced technology products.
This fund will see support provided to a wide regional spread of supported organisations, including those embedded in rural communities.
The call will be divided into two Strands:
- Strand A: Small grants of between €1,500 – 15,000
- Strand B: Larger grants from €15,001 to €100,000
Further info available at: DAF Growing Social Enterprise Fund – Pobal
