Ireland https://business-spirit.news/ en First Impact Syndicate in Ireland to invest €10M in sustainability start-ups https://business-spirit.news/news/first-impact-syndicate-in-ireland-to-invest-eu10m-in-sustainability-start-ups <div class="field field--name-title field--type-string field--label-hidden field--item"><span>First Impact Syndicate in Ireland to invest €10M in sustainability start-ups</span> </div> <span class="a2a_kit a2a_kit_size_32 addtoany_list" data-a2a-url="https://business-spirit.news/news/first-impact-syndicate-in-ireland-to-invest-eu10m-in-sustainability-start-ups" data-a2a-title="First Impact Syndicate in Ireland to invest €10M in sustainability start-ups"><a class="a2a_button_facebook"><img src="/libraries/bsp_social_media_icons_share/service/facebook.svg" border="0" alt="Facebook" height="18" class="social-media-links-normal"><img src="/libraries/bsp_social_media_icons_share/service/facebook_hover.svg" border="0" alt="Facebook" height="18" class="social-media-links-hover"></a><a class="a2a_button_facebook_messenger"><img src="/libraries/bsp_social_media_icons_share/service/messenger.svg" border="0" alt="Messenger" height="18" class="social-media-links-normal"><img src="/libraries/bsp_social_media_icons_share/service/messenger_hover.svg" border="0" alt="Messenger" height="18" class="social-media-links-hover"></a><a class="a2a_button_twitter"><img src="/libraries/bsp_social_media_icons_share/service/twitter.svg" border="0" alt="Twitter" height="18" class="social-media-links-normal"><img src="/libraries/bsp_social_media_icons_share/service/twitter_hover.svg" border="0" alt="Twitter" height="18" class="social-media-links-hover"></a><a class="a2a_button_email"><img src="/libraries/bsp_social_media_icons_share/service/email.svg" border="0" alt="Email" height="18" class="social-media-links-normal"><img src="/libraries/bsp_social_media_icons_share/service/email_hover.svg" border="0" alt="Email" height="18" class="social-media-links-hover"></a><a class="a2a_dd" href="https://www.addtoany.com/share"><img src="/libraries/bsp_social_media_icons_share/service/share_hover.svg" border="0" alt="Share" height="18" class="social-media-links-hover"><img src="/libraries/bsp_social_media_icons_share/service/share.svg" border="0" alt="Share" height="18" class="social-media-links-normal"> Share </a></span> <div class="field field--name-field-tags field--type-entity-reference field--label-inline"> <div class="field--label">Tags</div> <div class="field--items"> <div class="field--item"><a href="/tag/impact-investing" hreflang="en">Impact investing</a></div> <div class="field--item"><a href="/tag/ireland" hreflang="en">Ireland</a></div> <div class="field--item"><a href="/tag/start-up" hreflang="en">Start-up</a></div> <div class="field--item"><a href="/tag/esg" hreflang="en">ESG</a></div> <div class="field--item"><a href="/tag/impact-investors" hreflang="en">Impact investors</a></div> <div class="field--item"><a href="/tag/angel-investors" hreflang="en">Angel Investors</a></div> <div class="field--item"><a href="/tag/social-innovation" hreflang="en">Social Innovation</a></div> </div> </div> <div class="field field--name-field-topic field--type-entity-reference field--label-inline"> <div class="field--label">Topic</div> <div class="field--items"> <div class="field--item"><a href="/topic/impact-investing" hreflang="en">Impact Investing</a></div> <div class="field--item"><a href="/topic/ireland" hreflang="en">Ireland</a></div> </div> </div> <img width="32" height="32" alt="Business" title="Business" class="img-responsive" src="/files/bsp-images/icons/55.svg" loading="lazy" typeof="foaf:Image" /> <img width="32" height="32" alt="Sustainability" title="Sustainability" class="img-responsive" src="/files/bsp-images/icons/52.svg" loading="lazy" typeof="foaf:Image" /> <img alt="First Impact Syndicate in Ireland to invest €10M in sustainability start-ups" title="First Impact Syndicate in Ireland to invest €10M in sustainability start-ups" class="img-responsive" src="/files/styles/news_full_main_image/public/bsp-images/news/972.jpg?itok=c9WnG5U4" width="687" height="687" loading="lazy" typeof="foaf:Image" /> <div class="field field--name-field-lead field--type-string field--label-hidden field--item">Angel invetsors in Ireland will provide funding and supports to enterprises building on environmental, social and governance factors. </div> <div class="classy-style--margin-bottom paragraph paragraph--type--bp-simple paragraph--view-mode--default paragraph--id--2876 paragraph--width--full" style=""> <div class="paragraph__column"> </div> </div> <div class="classy-style--margin-bottom paragraph paragraph--type--bp-simple paragraph--view-mode--default paragraph--id--2877 paragraph--width--full" style=""> <div class="paragraph__column"> <p>The <a href="https://www.hban.org/" target="_blank">Halo Business Angel Network (HBAN)</a> is launching a new Impact Syndicate aiming to collectively invest €10M in Irish enterprises focusing on ESG (Environmental, Social, Governance) factors besides traditional financial returns.</p> <p>The Impact Syndicate will be officially launched at the online <a href="https://www.hban.org/conference" target="_blank">All-Island Conference</a> on 2 February 2022.</p> <p>Over the next three years, the syndicate will consider pitches from start-ups located in Ireland focusing on climate, agri-tech and food supply chain, energy, blue economy, health and cleantech.</p> </div> </div> <div class="paragraph paragraph--type--bp-columns-two-uneven paragraph--view-mode--default paragraph--id--2880 paragraph--width--full paragraph--style--58-42"> <div class="paragraph__column"> <div class="paragraph--type--bp-columns-two-uneven__2col-column1"> <div> <div class="classy-style--margin-bottom paragraph paragraph--type--bp-image paragraph--view-mode--default paragraph--id--2878 paragraph--width--full"> <div class="paragraph__column"> <div class="field field--name-bp-image-field field--type-image field--label-hidden field--item"> <img alt="" title="" src="/files/bsp-images/paragraph/973.jpg" width="1500" height="1228" loading="lazy" typeof="foaf:Image" class="img-responsive" /> </div> <div class="field field--name-field-image-title field--type-string field--label-hidden field--item">L-Faye Walsh Drouillard, co-chair of HBAN Impact Syndicate; R-Julian Seymour, Syndicates Manager, HBAN</div> </div> </div> </div> </div><div class="paragraph--type--bp-columns-two-uneven__2col-column2"> <div> <div class="classy-style--margin-bottom paragraph paragraph--type--bp-simple paragraph--view-mode--default paragraph--id--2879 paragraph--width--full" style=""> <div class="paragraph__column"> <blockquote> <p>“Investors and entrepreneurs alike want to make a meaningful impact.</p> </blockquote> <p>The global focus on ESG has created a market with almost boundless opportunities for growth, and we want to help Irish businesses to be a part of that story,” Julian Seymour, Syndicates Manager, HBAN, said about the launch. Seymour added that HBAN Impact Syndicate aims to support ground-breaking innovations that integrate ESG factors into their core business.</p> </div> </div> </div> </div> </div> </div> <div class="classy-style--margin-bottom paragraph paragraph--type--bp-simple paragraph--view-mode--default paragraph--id--2881 paragraph--width--full" style=""> <div class="paragraph__column"> <p>Based on the <a href="https://www.ifc.org/wps/wcm/connect/corp_ext_content/ifc_external_corporate_site/home" target="_blank">International Finance Corporation (IFC)</a> estimations in 2020, the global market for Impact Investing reached up to $2.1 trillion in assets under management and that continues to grow.</p> <p>Faye Walsh Drouillard, impact investor and co-founder of <a href="https://www.wakeupcapital.com/" target="_blank">WakeUp Capital</a>, will co-chair the syndicate and become the first female chair of a HBAN syndicate.</p> <blockquote> <p>“Impact investing provides exciting financial potential for investors, while also enabling them to make a difference in the community and even the planet,”</p> </blockquote> <p>says Walsh about the importance of this step.</p> <p>“I am passionate about supporting entrepreneurs to drive real social and environmental change, and impact investing is central to this.”</p> <p>Walsh has been involved with impact investing throughout her entire carrier and feels that by co-chairing the Impact Syndicate with highly experienced WakeUp Capital co-founder Mark Peters, they can facilitate growth in this area in Ireland. Besides helping sustainability start-ups scale, the syndicate also encourages angel investors to get involved.</p> <p>At the All-Island conference, HBAN will host sessions focusing on impact investing and demystifying angel investment, which they hope will encourage existing and first-time angel investors to join their network and consider its Impact Syndicate.</p> <p>Speakers at the conference include Marcia Dawood, chair of the Angel Capital Association in the US; serial entrepreneur Norman Crowley, founder of Crowley Carbon; and Loretta McCarthy, whose investor consortium Golden Seeds backs early-stage female-led businesses in the US.</p> <p>HBAN (Halo Business Angel Network) is responsible for promoting business angel investment on the island of Ireland and a joint initiative of Enterprise Ireland, InterTradeIreland and Invest Northern Ireland.</p> <p> </p> <p class="text-align-right"><span style="font-size:10px">Headline image: <a href="https://www.pexels.com/" target="_blank">Pexels</a></span></p> </div> </div> <div class="field field--name-field-background-style field--type-list-string field--label-above"> <div class="field--label">Background style</div> <div class="field--item">Light</div> </div> <div class="field field--name-field-sponsored field--type-boolean field--label-above"> <div class="field--label">Sponsored?</div> <div class="field--item">No</div> </div> <div class="field field--name-created field--type-created field--label-hidden field--item">2022. January</div> Mon, 31 Jan 2022 20:46:37 +0000 Business Spirit Platform reporting 217 at https://business-spirit.news Irish charity and community sector calls for action in pandemic recovery https://business-spirit.news/news/irish-charity-and-community-sector-calls-for-action-in-pandemic-recovery <div class="field field--name-title field--type-string field--label-hidden field--item"><span>Irish charity and community sector calls for action in pandemic recovery</span> </div> <span class="a2a_kit a2a_kit_size_32 addtoany_list" data-a2a-url="https://business-spirit.news/news/irish-charity-and-community-sector-calls-for-action-in-pandemic-recovery" data-a2a-title="Irish charity and community sector calls for action in pandemic recovery"><a class="a2a_button_facebook"><img src="/libraries/bsp_social_media_icons_share/service/facebook.svg" border="0" alt="Facebook" height="18" class="social-media-links-normal"><img src="/libraries/bsp_social_media_icons_share/service/facebook_hover.svg" border="0" alt="Facebook" height="18" class="social-media-links-hover"></a><a class="a2a_button_facebook_messenger"><img src="/libraries/bsp_social_media_icons_share/service/messenger.svg" border="0" alt="Messenger" height="18" class="social-media-links-normal"><img src="/libraries/bsp_social_media_icons_share/service/messenger_hover.svg" border="0" alt="Messenger" height="18" class="social-media-links-hover"></a><a class="a2a_button_twitter"><img src="/libraries/bsp_social_media_icons_share/service/twitter.svg" border="0" alt="Twitter" height="18" class="social-media-links-normal"><img src="/libraries/bsp_social_media_icons_share/service/twitter_hover.svg" border="0" alt="Twitter" height="18" class="social-media-links-hover"></a><a class="a2a_button_email"><img src="/libraries/bsp_social_media_icons_share/service/email.svg" border="0" alt="Email" height="18" class="social-media-links-normal"><img src="/libraries/bsp_social_media_icons_share/service/email_hover.svg" border="0" alt="Email" height="18" class="social-media-links-hover"></a><a class="a2a_dd" href="https://www.addtoany.com/share"><img src="/libraries/bsp_social_media_icons_share/service/share_hover.svg" border="0" alt="Share" height="18" class="social-media-links-hover"><img src="/libraries/bsp_social_media_icons_share/service/share.svg" border="0" alt="Share" height="18" class="social-media-links-normal"> Share </a></span> <div class="field field--name-field-tags field--type-entity-reference field--label-inline"> <div class="field--label">Tags</div> <div class="field--items"> <div class="field--item"><a href="/tag/ireland" hreflang="en">Ireland</a></div> <div class="field--item"><a href="/tag/charity" hreflang="en">Charity</a></div> <div class="field--item"><a href="/tag/non-profit" hreflang="en">Non-profit</a></div> <div class="field--item"><a href="/tag/campaign" hreflang="en">Campaign</a></div> <div class="field--item"><a href="/tag/social-enterprise" hreflang="en">social enterprise</a></div> </div> </div> <div class="field field--name-field-topic field--type-entity-reference field--label-inline"> <div class="field--label">Topic</div> <div class="field--items"> <div class="field--item"><a href="/topic/non-profit" hreflang="en">Non-profit</a></div> <div class="field--item"><a href="/topic/campaign" hreflang="en">Campaign</a></div> <div class="field--item"><a href="/topic/ireland" hreflang="en">Ireland</a></div> </div> </div> <img width="32" height="32" alt="Collaboration" title="Collaboration" class="img-responsive" src="/files/bsp-images/icons/53.svg" loading="lazy" typeof="foaf:Image" /> <img alt="Irish charity and community sector calls for action in pandemic recovery" title="Irish charity and community sector calls for action in pandemic recovery" class="img-responsive" src="/files/styles/news_full_main_image/public/bsp-images/news/910.jpg?itok=2FFk0duh" width="687" height="687" loading="lazy" typeof="foaf:Image" /> <div class="field field--name-field-lead field--type-string field--label-hidden field--item">A public awareness campaign was launched to promote the value and impact of the charity and community sector in Ireland.</div> <div class="classy-style--margin-bottom paragraph paragraph--type--bp-simple paragraph--view-mode--default paragraph--id--2773 paragraph--width--full" style=""> <div class="paragraph__column"> </div> </div> <div class="classy-style--margin-bottom paragraph paragraph--type--bp-simple paragraph--view-mode--default paragraph--id--2774 paragraph--width--full" style=""> <div class="paragraph__column"> <p>Charities and community groups in Ireland have come together to launch the <a href="https://www.weact.ie/" target="_blank">We Act</a> national campaign to put community recovery in the spotlight for the Covid-19 aftermath and promote the value and impact of this sector nationwide.</p> <p>The public awareness campaign was launched on 27th October, revealing the results of a survey conducted in March 2021 amongst 1000 people aiming to gain insights on the perceptions, experience and understanding of the charity and community sector.</p> <p>“The Covid-19 crisis brought a renewed public focus on the work of our sector. From support lines for older people to laptops for children in emergency accommodation, when we saw a need in our communities, we responded to it.</p> <blockquote> <p>The pandemic demonstrated that – in times of real need – charities and community groups are at the forefront of our national response,”</p> </blockquote> <p>said Sarah Monaghan, We Act spokesperson and Campaigns Manager at <a href="https://www.wheel.ie/" target="_blank">The Wheel</a>, Ireland’s national association of community and voluntary organisations, charities and social enterprises.</p> </div> </div> <div class="paragraph paragraph--type--bp-columns-two-uneven paragraph--view-mode--default paragraph--id--2777 paragraph--width--full paragraph--style--58-42"> <div class="paragraph__column"> <div class="paragraph--type--bp-columns-two-uneven__2col-column1"> <div> <div class="classy-style--margin-bottom paragraph paragraph--type--bp-image paragraph--view-mode--default paragraph--id--2775 paragraph--width--full"> <div class="paragraph__column"> <div class="field field--name-bp-image-field field--type-image field--label-hidden field--item"> <img alt="" title="" src="/files/bsp-images/paragraph/911.jpg" width="800" height="476" loading="lazy" typeof="foaf:Image" class="img-responsive" /> </div> <div class="field field--name-field-image-title field--type-string field--label-hidden field--item">Launch of the We Act campaign in Ireland to promote the value and impact of the charity and community sector. Image: Naoise Culhane</div> </div> </div> </div> </div><div class="paragraph--type--bp-columns-two-uneven__2col-column2"> <div> <div class="classy-style--margin-bottom paragraph paragraph--type--bp-simple paragraph--view-mode--default paragraph--id--2776 paragraph--width--full" style=""> <div class="paragraph__column"> <p>There are 34,000 organisations in this sector, employing almost 165,000 people and further 1 million volunteers.</p> <p>Considering the sector's weight, organisers hope to bridge the gap between some of the views raised in the research and create awareness of the value and impact of charities and community groups in Ireland.</p> <p>Some of the key findings of the public survey:</p> </div> </div> </div> </div> </div> </div> <div class="classy-style--margin-bottom paragraph paragraph--type--bp-simple paragraph--view-mode--default paragraph--id--2778 paragraph--width--full" style=""> <div class="paragraph__column"> <ul> <li>70% of people believe the lives of people in their communities would be impacted if charities disappeared overnight. Still, just 8% believe they interacted with a charity or community group in the past year.</li> <li>62% think charities are more likely to be responsive in their services than the public sector, but only 54% think the staff in the charity sector should be paid similarly to those in the public sector.</li> <li>70% believe an organisation dealing with homelessness is a charity, while only 8% think an arts organisation is a charity. In reality, both can be charities.</li> <li>Over 40% believe those who serve on charity boards are paid a salary. But, in fact, charity board members are unpaid volunteers, and the Charities Regulator stipulates explicitly that board members cannot accept a salary for their role.</li> </ul> <blockquote> <p>The report also found that the public very highly trusts charities and community groups as they were the third most trusted institution in Ireland after schools and An Garda Síochána.</p> </blockquote> <p>While 73% of the public trust charities and community groups in general, this drops to just 60% for large organisations compared to 78% for small organisations.</p> </div> </div> <div class="paragraph paragraph--type--bp-columns-two-uneven paragraph--view-mode--default paragraph--id--2781 paragraph--width--full paragraph--style--33-66"> <div class="paragraph__column"> <div class="paragraph--type--bp-columns-two-uneven__2col-column1"> <div> <div class="classy-style--margin-bottom paragraph paragraph--type--bp-image paragraph--view-mode--default paragraph--id--2779 paragraph--width--full"> <div class="paragraph__column"> <div class="field field--name-bp-image-field field--type-image field--label-hidden field--item"> <img alt="" title="" src="/files/bsp-images/paragraph/912.jpg" width="502" height="700" loading="lazy" typeof="foaf:Image" class="img-responsive" /> </div> <div class="field field--name-field-image-title field--type-string field--label-hidden field--item">The We Act campaign will run over the next three years. Image: Naoise Culhane</div> </div> </div> </div> </div><div class="paragraph--type--bp-columns-two-uneven__2col-column2"> <div> <div class="classy-style--margin-bottom paragraph paragraph--type--bp-simple paragraph--view-mode--default paragraph--id--2780 paragraph--width--full" style=""> <div class="paragraph__column"> <p>Monaghan adds to the survey results: “We saw a shift in values towards equality, justice and supports for the most vulnerable in our communities and across the globe. Now, there needs to be a concentrated effort to ensure the innovation, goodwill and community cohesion continues as we recover from the pandemic.”</p> <p>The We Act campaign will run over the next three years to address the challenges uncovered in the research.</p> <p>The main focus in these years will be to support the growth of vibrant and sustainable community life and strengthen the charity and community sector while encouraging more members of the public to engage and participate by volunteering, working, and donating.</p> <p>The campaign is funded through a grant from RTÉ Does Comic Relief that is distributed by <a href="https://www.communityfoundation.ie/" target="_blank">The Community Foundation for Ireland</a>.</p> </div> </div> </div> </div> </div> </div> <div class="classy-style--margin-bottom paragraph paragraph--type--bp-simple paragraph--view-mode--default paragraph--id--2782 paragraph--width--full" style=""> <div class="paragraph__column"> <p>Denise Charlton, Chief Executive of The Community Foundation for Ireland, said, “The Community Foundation for Ireland works with and supports more than 5,000 voluntary, community and charitable organisations.</p> <blockquote> <p>There are a million stories of the positive impact they have on families, homes and individuals across Ireland, often out of public view.</p> </blockquote> <p>We want to see more people working and staying in the sector, more people volunteering and engaging at a community level, more people knowing what services are out there should they need them, and more people feeling part of something positive and bigger than themselves.”</p> <p>A coalition of charities and community groups, led by Boardmatch, Charities Institute Ireland, the Disability Federation of Ireland, Dóchas, The Wheel and Volunteer Ireland, manages the <a href="https://www.weact.ie/" target="_blank">We Act campaign</a>.</p> <p> </p> <p class="text-align-right"><span style="font-size:10px">Headline image: Naoise Culhane, Photographer</span></p> </div> </div> <div class="field field--name-field-background-style field--type-list-string field--label-above"> <div class="field--label">Background style</div> <div class="field--item">Light</div> </div> <div class="field field--name-field-sponsored field--type-boolean field--label-above"> <div class="field--label">Sponsored?</div> <div class="field--item">No</div> </div> <div class="field field--name-created field--type-created field--label-hidden field--item">2021. October</div> Fri, 29 Oct 2021 16:17:38 +0000 Business Spirit Platform reporting 207 at https://business-spirit.news €800,000 Social Enterprise Start-up Fund is open for innovative projects in Ireland https://business-spirit.news/news/eu800-000-social-enterprise-start-up-fund-is-open-for-innovative-projects-in-ireland <div class="field field--name-title field--type-string field--label-hidden field--item"><span>€800,000 Social Enterprise Start-up Fund is open for innovative projects in Ireland</span> </div> <span class="a2a_kit a2a_kit_size_32 addtoany_list" data-a2a-url="https://business-spirit.news/news/eu800-000-social-enterprise-start-up-fund-is-open-for-innovative-projects-in-ireland" data-a2a-title="€800,000 Social Enterprise Start-up Fund is open for innovative projects in Ireland"><a class="a2a_button_facebook"><img src="/libraries/bsp_social_media_icons_share/service/facebook.svg" border="0" alt="Facebook" height="18" class="social-media-links-normal"><img src="/libraries/bsp_social_media_icons_share/service/facebook_hover.svg" border="0" alt="Facebook" height="18" class="social-media-links-hover"></a><a class="a2a_button_facebook_messenger"><img src="/libraries/bsp_social_media_icons_share/service/messenger.svg" border="0" alt="Messenger" height="18" class="social-media-links-normal"><img src="/libraries/bsp_social_media_icons_share/service/messenger_hover.svg" border="0" alt="Messenger" height="18" class="social-media-links-hover"></a><a class="a2a_button_twitter"><img src="/libraries/bsp_social_media_icons_share/service/twitter.svg" border="0" alt="Twitter" height="18" class="social-media-links-normal"><img src="/libraries/bsp_social_media_icons_share/service/twitter_hover.svg" border="0" alt="Twitter" height="18" class="social-media-links-hover"></a><a class="a2a_button_email"><img src="/libraries/bsp_social_media_icons_share/service/email.svg" border="0" alt="Email" height="18" class="social-media-links-normal"><img src="/libraries/bsp_social_media_icons_share/service/email_hover.svg" border="0" alt="Email" height="18" class="social-media-links-hover"></a><a class="a2a_dd" href="https://www.addtoany.com/share"><img src="/libraries/bsp_social_media_icons_share/service/share_hover.svg" border="0" alt="Share" height="18" class="social-media-links-hover"><img src="/libraries/bsp_social_media_icons_share/service/share.svg" border="0" alt="Share" height="18" class="social-media-links-normal"> Share </a></span> <div class="field field--name-field-tags field--type-entity-reference field--label-inline"> <div class="field--label">Tags</div> <div class="field--items"> <div class="field--item"><a href="/tag/social-enterprise" hreflang="en">social enterprise</a></div> <div class="field--item"><a href="/tag/social-innovation" hreflang="en">Social Innovation</a></div> <div class="field--item"><a href="/tag/social-entrepreneurship" hreflang="en">Social Entrepreneurship</a></div> <div class="field--item"><a href="/tag/ireland" hreflang="en">Ireland</a></div> <div class="field--item"><a href="/tag/funding" hreflang="en">Funding</a></div> <div class="field--item"><a href="/tag/start-up" hreflang="en">Start-up</a></div> </div> </div> <div class="field field--name-field-topic field--type-entity-reference field--label-inline"> <div class="field--label">Topic</div> <div class="field--items"> <div class="field--item"><a href="/topic/social-enterprise" hreflang="en">Social Enterprise</a></div> <div class="field--item"><a href="/topic/funding" hreflang="en">Funding</a></div> <div class="field--item"><a href="/topic/ireland" hreflang="en">Ireland</a></div> </div> </div> <img width="32" height="32" alt="Business" title="Business" class="img-responsive" src="/files/bsp-images/icons/55.svg" loading="lazy" typeof="foaf:Image" /> <img width="32" height="32" alt="Sustainability" title="Sustainability" class="img-responsive" src="/files/bsp-images/icons/52.svg" loading="lazy" typeof="foaf:Image" /> <img alt="€800,000 Social Enterprise Start-up Fund is open for innovative projects in Ireland" title="€800,000 Social Enterprise Start-up Fund is open for innovative projects in Ireland" class="img-responsive" src="/files/styles/news_full_main_image/public/bsp-images/news/727.jpg?itok=_uoDtJqh" width="687" height="687" loading="lazy" typeof="foaf:Image" /> <div class="field field--name-field-lead field--type-string field--label-hidden field--item">A new support package with grants and training is available for early-stage social enterprises with a clear ambition to address a critical social issue in Ireland.</div> <div class="classy-style--margin-bottom paragraph paragraph--type--bp-simple paragraph--view-mode--default paragraph--id--2202 paragraph--width--full" style=""> <div class="paragraph__column"> </div> </div> <div class="classy-style--margin-bottom paragraph paragraph--type--bp-simple paragraph--view-mode--default paragraph--id--2203 paragraph--width--full" style=""> <div class="paragraph__column"> <p>Minister for <a href="https://www.gov.ie/en/organisation/department-of-rural-and-community-development/" target="_blank">Rural and Community Development in Ireland</a>, Heather Humphreys, TD, announced the launch of the €800,000 <a href="https://rethinkireland.ie/current_fund/social-enterprise-start-up-fund/" target="_blank">Social Enterprise Start-up Fund</a> on July 15th 2021.</p> <p>The purpose of this specific support package is to offer cash and training programmes for social enterprises to realise their potential, expand their businesses and create jobs.</p> <p>Minister Humphreys said at the launch that the Fund would have a two-year lifespan to provide small grants and other business supports tailored to help early-stage social enterprises overcome challenges when they are starting their projects.</p> <blockquote> <p>“Twenty-five social enterprises from across Ireland will receive cash grants of between €9,500 and €12,000, as well as access to a six-month tailored training programme.”</p> </blockquote> <p>“The programme itself comes under the Dormant Accounts Fund in my Department. It will be delivered by Rethink Ireland, who have a great track record in administering supports to social enterprises.”</p> </div> </div> <div class="classy-style--margin-bottom paragraph paragraph--type--bp-simple paragraph--view-mode--default paragraph--id--2215 paragraph--width--full" style=""> <div class="paragraph__column"> <p>Deirdre Mortell, CEO of <a href="https://rethinkireland.ie/" target="_blank">Rethink Ireland</a>, a national organisation supporting Ireland’s best social innovations through various financial and business supports, welcomed the announcement.</p> </div> </div> <div class="paragraph paragraph--type--bp-columns-two-uneven paragraph--view-mode--default paragraph--id--2206 paragraph--width--full paragraph--style--42-58"> <div class="paragraph__column"> <div class="paragraph--type--bp-columns-two-uneven__2col-column1"> <div> <div class="classy-style--margin-bottom paragraph paragraph--type--bp-image paragraph--view-mode--default paragraph--id--2205 paragraph--width--full"> <div class="paragraph__column"> <div class="field field--name-bp-image-field field--type-image field--label-hidden field--item"> <img alt="" title="" src="/files/bsp-images/paragraph/729.jpg" width="800" height="667" loading="lazy" typeof="foaf:Image" class="img-responsive" /> </div> <div class="field field--name-field-image-title field--type-string field--label-hidden field--item">Deirdre Mortell, CEO of Rethink Ireland; Image: Rethink Ireland</div> </div> </div> </div> </div><div class="paragraph--type--bp-columns-two-uneven__2col-column2"> <div> <div class="classy-style--margin-bottom paragraph paragraph--type--bp-simple paragraph--view-mode--default paragraph--id--2204 paragraph--width--full" style=""> <div class="paragraph__column"> <p>''At Rethink Ireland we believe that social enterprises can play a pivotal role in supporting the transition to a more inclusive, sustainable and green economy.</p> <p>We're delighted to be partnering with the Department of Rural and Community Development to provide much-needed start-up funding and supports as part of today's commitment to the Social Enterprise sector in Ireland,” adds Mortell.</p> <p>Up to 25 social enterprises will receive cash grants of €9,000 each in 2021, and all successful applicants will win a place on the National Accelerator Programme managed by Rethink Ireland.</p> </div> </div> </div> </div> </div> </div> <div class="classy-style--margin-bottom paragraph paragraph--type--bp-simple paragraph--view-mode--default paragraph--id--2216 paragraph--width--full" style=""> <div class="paragraph__column"> <p>The programme will empower the most innovative and impactful start-up social enterprises across Ireland to design a competitive business plan, expand their network, increase financial sustainability and communicate their vision and mission to a broader audience.</p> <p>Applicants must address a critical social issue with an innovative solution in an Irish context and have the potential and a desire to scale or replicate in Ireland.</p> <p>Ideally, projects should be beyond the idea phase, presenting some market research, at least a prototype, and a minimum amount of sales activity.</p> </div> </div> <div class="classy-style--margin-bottom paragraph paragraph--type--bp-callout paragraph--view-mode--default paragraph--width--full callout-style--b" id="callout-2218"> <div class="paragraph__column"> <div class="callout-body"> <div class="classy-style--margin-bottom paragraph paragraph--type--bp-simple paragraph--view-mode--default paragraph--id--2217 paragraph--width--full" style=""> <div class="paragraph__column"> <p>Applications are open from July 15th until August 3rd 2021, to not-for-profit nature organisations based in Ireland.</p> <p>Applicants are invited to complete a short <a href="https://rethinkireland.ie/current_fund/social-enterprise-start-up-fund/" target="_blank">online application </a>form.</p> </div> </div> </div> </div> </div> <div class="classy-style--margin-bottom paragraph paragraph--type--bp-simple paragraph--view-mode--default paragraph--id--2219 paragraph--width--full" style=""> <div class="paragraph__column"> <p>An application webinar clinic is held to support potential applicants with any questions they may have on Tuesday, July 20th, from 11 am to 12 pm.</p> <p>Awardees will be selected from the shortlist of projects which have met the required criteria.</p> <p>Rethink Ireland created the Fund in partnership with the Department of Rural and Community Development via the Dormant Accounts Fund.</p> <p>According to Rethink Ireland’s research, this type of funding and support is critical to ensuring social enterprises have the best chance of reaching sustainability and maximising impact in their communities.</p> <p> </p> <p class="text-align-right"><span style="font-size:10px">Headline image: <a href="https://unsplash.com/photos/dWYU3i-mqEo" target="_blank">Annie Spratt on Unsplash</a></span></p> </div> </div> <div class="field field--name-field-background-style field--type-list-string field--label-above"> <div class="field--label">Background style</div> <div class="field--item">Light</div> </div> <div class="field field--name-field-sponsored field--type-boolean field--label-above"> <div class="field--label">Sponsored?</div> <div class="field--item">No</div> </div> <div class="field field--name-created field--type-created field--label-hidden field--item">2021. July</div> Mon, 19 Jul 2021 15:55:27 +0000 Business Spirit Platform reporting 165 at https://business-spirit.news