independent

Saturday 20 October 2018

Cornmarket to benefit from social innovation fund

Tom Banville, Wexford County Council, with Brian Kehoe, Wexford Local Development, Anne Dermody of SIFI and John Evoy of SIFI at the announcement of the €1.6million Social Innovation Fund which will benefit the Cornmarket Project
Tom Banville, Wexford County Council, with Brian Kehoe, Wexford Local Development, Anne Dermody of SIFI and John Evoy of SIFI at the announcement of the €1.6million Social Innovation Fund which will benefit the Cornmarket Project

Esther Hayden

The Cornmarket Project is one of 22 organisations nationwide to benefit from a Social Innovation Fund.

The Cornmarket Project will start in a €1.6 million Social Enterprise Development Fund which was set up to support social enterprises from across the country achieve their goals and create measurable social impact that can be scaled all over Ireland.

The Cornmarket Project, is one of the 22 successful awardees which have won a place on Ireland's prestigious Accelerator Programme designed specifically for social enterprises. The programme addresses issues of long-term unemployment for ex-prisoners, ex-offenders and those recovering from addiction. The programme gives people a chance to see a career path, gain confidence and to obtain a reference.

The Accelerator Programme is run in partnership with Local Authorities Ireland and provides intensive, expert and bespoke supports for social enterprises to hone their social impact, business skills and accelerate their growth.

Tom Enright, Chief Executive of Wexford County Council, said: 'Social Enterprises hold the key to creating sustainable communities across Ireland and the awardees are excellent examples of how social enterprises such as theirs are achieving these goals. We are delighted to partner with Social Innovation Fund Ireland in creating this invaluable fund and to host this inspiring event today.'

George Jones, chairman of IPB Insurance said: 'The quality and diversity of fund applications has been impressive but the awardees really stand out as social enterprises that blend innovative thinking and social impact in a way that makes a difference to their local communities.

The fund was set up to support social enterprises from across the country to achieve their goals and create measurable social impact that can be scaled all over Ireland. The €1.6 million fund, created by Social Innovation Fund Ireland in partnership with Local Authorities Ireland, is supported by IPB Insurance and the Department of Rural and Community Development from the Dormant Accounts Fund.

Wexford People

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