Dáil Éireann Debate, Wednesday - 26 March 2025
277. Deputy Maeve O'Connell asked the Minister for Rural and Community Development to provide an update on the progress of the social enterprise measure for which his Department received funding from the dormant accounts action plan for 2025; and if he will make a statement on the matter. [14368/25]
View answerIn July 2024 my department announced the Growing Social Enterprise Fund under the Dormant Accounts Fund Action Plan. The purpose of the fund is to provide capital supports that assist social enterprises to achieve their social, environmental and economic objectives, and to improve their sustainability and impact.
Under the fund, social enterprises will receive grants of between €1,500 and €100,000 to fund capital projects such as building works, renovations and repairs, or for the purchase of machinery, equipment or vehicles that will help them to grow their organisation.
I expect to make an announcement in the coming weeks, listing the organisations that have been allocated funding under the scheme, and the amount of funding they each will receive.
I am confident this funding will provide much needed support nationwide to enable social enterprises to continue the great work they do in our communities.
