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Social Enterprise Capital Grants Scheme 2021

Social Enterprise Capital Grants Scheme 2021

Cavan County Council has been awarded funding of €22,061.95 under the Social Enterprise Capital Grants Scheme by the Department of Rural and Community Development under the National Social Enterprise Policy for Ireland under the Dormant Accounts Fund.

Published on: 09 Sep 2021

Funding will be aimed at supporting social enterprises with small capital projects.

A Social Enterprise is an enterprise 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. It is governed in a fully accountable and transparent manner and is independent of the public sector. If dissolved, it should transfer its assets to another organisation with a similar mission.

 

Eligible activities:

The funding covers capital projects only and should demonstrate added value. Capital costs incurred by social enterprises for the purchase of equipment are eligible. Repairs and refurbishment of existing facilities can also be funded.

The scheme does NOT provide funding for operating or administrative costs.

 

Grants:

Capital grant funding applications must be in excess of €2,000, up to a maximum of €10,000

Application forms are available to download a the link below, or may be requested by email from Donna Macklin: dmacklin@cavancoco.ie

Completed applications must be submitted by Friday, 15th October 2021 via email to dmacklin@cavancoco.ie