Donegal Local Development CLG Announce Funding Boost for Social Enterprises in Donegal

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DLDC is inviting applications from local social enterprises for the Small Capital Grants Scheme, announced this week by Mr Michael Ring TD, Minister for Rural and Community Development,

The scheme will provide grants of between €2,000 and €15,000 for equipment, repairs or refurbishments which will enable social enterprises to improve their service.

Click HERE for the Guidelines for Applicants

Click HERE for the Application Form

The scheme is an initiative under the National Social Enterprise Policy
for Ireland 2018-2022, which the Minister published in July, and will be
administered through the Local Development Companies.

CEO of DLDC, Padraic Fingleton said “Along with all Local Development
Companies throughout Ireland, our staff have been supporting social enterprises
through SICAP, LEADER and other programmes for many years and this new fund
will give the sector a significant boost, particularly by assisting early stage
projects that have huge capacity for positive social impact.”

Announcing the scheme, Minister Ring said:

“One of the main objectives of the National Social Enterprise Policy,
which I launched in July, is to grow and strengthen social enterprises. The new
small capital grants scheme will support over 100 social enterprises through
funding of €1 million from the Dormant Accounts Fund. It will provide grants of
between €2,000 and €15,000 to enable social enterprises to make small equipment
purchases, or to carry out refurbishments to their premises to help them to
improve their service delivery.

“The scheme will be of particular interest to smaller or start-up social
enterprises which do not necessarily have the capacity to compete for larger
grants.”

The Minister continued:

“I am pleased that the Local Development Companies have agreed to
partner with my Department to deliver this scheme. The Local Development
Companies provide grassroots support to social enterprises all around the
country and are well placed to administer the fund.

“Today’s announcement follows on from a call for proposals for Training
and Mentoring of social enterprises which I launched recently and is another
important step in the implementation of the National Social Enterprise Policy.”

Full details of the Small Capital Grants Scheme for Social Enterprises,
including Application Form and Guidelines, are available by contacting Margaret
Larkin, DLDC, Mail: mlarkin@dldc.org 
Tel: 0749127056

All applications must be received by Donegal Local Development CLG by 3pm on Friday November 11th. Whilst DLDC will administer the fund, all decisions on grant awards will be made by the Department of Rural & Community Development. It is expected that applicants will be notified of the results of their application by the Department of Rural and Community Development by December 11th.

The
country’s 49 Local Development Companies are the primary support network for
the social enterprises in Ireland with over 40 staff dedicated working with the
sector nationwide. DLDC will provide assistance with the application process to
any group that wishes to apply.

Earlier
this year Minister Michael Ring of the Department of Rural and Community
Development launched the very first National Social Enterprise Policy for
Ireland 2019 – 2022.

The
policy defined a social enterprise as one whose objective is to achieve a social, societal or environmental
impact, rather than maximising profit for its owners or shareholders. It
pursues its objectives by trading on an ongoing basis through the provision of
goods and/or services and by reinvesting surpluses into achieving social
objectives.

For further information, contact Margaret Larkin, mlarkin@dldc.org  0749127056