# Dormant Accounts releases €800,000 for social enterprise training

- Link: https://fundraising.co.uk/2019/09/11/dormant-accounts-releases-e800000-for-social-enterprise-training/
- Published: 2019-09-11T12:10:46+01:00
- Author: Howard Lake

**Dormant Accounts funding is being made available by the Irish minister for Rural
and Community Development for social enterprise training.**

Minister Michael Ring has announced a call for applications from national, regional
or local organisations and statutory bodies or institutions to deliver tailored 
training to new and existing social enterprises. Funding of €800,000 will be made
available from the Social Enterprise Measure of the Dormant Accounts Fund (DAF) 
and is aimed at developing capacity building for social enterprises in Ireland, 
particularly in relation to enterprise development.

The aim of the Social Enterprise measure, which is overseen by the Department and
administered by Pobal, is to increase the impact of social enterprises by enhancing
their capacity to deliver services and generate trade income through the provision
of tailored supports.

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Applications for the delivery of training and mentoring to social enterprises are
being invited from organisations to enable growth and improve sustainability and
to increase social, societal and environmental impact.

Minister Ring said: “I am delighted to be in a position today to announce the allocation
of €800,000 from the Dormant Accounts Fund to pilot this training initiative and
deliver on the commitment made in the National Social Enterprise Policy. Up to 300
participants are likely to benefit from these supports over the next year.”

Successful applicants must deliver suitable projects **between 1st December 2019
and 30th June 2020**. The minimum grant that each applicant can apply for is **€
30,000** and the maximum is **€100,000**.

## Activities likely to be supported

Pobal has provided a list of typical activities that will be considered as part 
of a successful project:

 * Assessment of the training and support needs of individual social enterprises.
 * Practical skills workshops or courses in “Running a business”. For example, human
   resources, social enterprise business planning, marketing, growing the social
   enterprise/diversification strategies, social media, digital innovation, accounting,
   leadership, procurement, and developing the diversity of the workforce.
 * Workshops on sourcing funding, finance or investment.
 * One to one business coaching and mentoring, tailored to meet the needs of the
   social enterprise.
 * Workshops on meeting legislative and legal requirements and governance.
 * Specialist advice for social enterprise i.e. tailored to specific types social
   enterprises.
 * Practical peer to peer learning workshops.
 * Workshops on “how to measure the social impact of your social enterprise”.
 * Workshops on financial management and planning for growth and expansion.

The Dormant Accounts Fund (DAF) was established by legislation and enables unclaimed
funds from accounts in credit institutions in Ireland to be used to support the 
socially disadvantaged, people educationally disadvantaged and those with disability.

Application forms and guidance will be available on the [Pobal](http://www.pobal.ie/programmes/dormant-accounts-fund-daf)
website. The closing date for applications is **30 September 2019** at 3pm.
    

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 * **[Dormant accounts funding to open in June in N Ireland](https://fundraising.co.uk/2020/03/10/dormant-accounts-funding-to-open-in-june-in-n-ireland/)**(
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