WHAT IS THE IGNITE FUND?
The Ignite Fund is a €550,000 fund created by Social Innovation Fund Ireland in partnership with several private philanthropists and the Department of Rural and Community Development. The Department of Rural and Community Development provides match funding for all philanthropic funds raised by Social Innovation Fund Ireland from the Dormant Accounts Fund.
‘Ignite’ means to ‘spark’ or ‘set in motion’. The objective of the Ignite Fund is to spark meaningful social impact in communities across Ireland by providing support to some of the most innovative charities and social enterprises. Several private philanthropists have been inspired to provide substantial support to organisations addressing some of the most critical social issues we face today. The Department of Rural and Community Development has committed to matching their support euro for euro. We are now seeking applications from organisations and projects who are ‘igniting’ impact in any of the four categories which are listed below;
1. Empowering Families
2. Music to Impact
3. Harnessing Ability
4. Youth Resilience
Application deadline Monday, May 6th 2019.
WHAT DOES THE FUND OFFER?
- Awards of between €55,000 and €75,000 including:
- Cash grants of up to €60,000
- Business supports package worth up to €15,000
- A place on an Accelerator Programme from January to June 2020. The programme will include mentoring, growth-planning, impact measurement, and communications training as well as access to Social Innovation Fund Ireland’s expertise and networks.
WHAT KIND OF PROJECTS IS THE FUND LOOKING FOR?
All applicants to Social Innovation Fund Ireland must meet a set of standard criteria as listed below. Each of the four ‘Ignite categories’ have their own requirements which must also be met. These are listed below.
Note: As part of Social Innovation Fund Ireland’s standard eligibility requirements, applicants seeking funding for capital assets are not eligible.
SOCIAL INNOVATION FUND IRELAND STANDARD CRITERIA
- The project must address a critical social issue
- The project must be innovative in an Irish context
- The project must have potential and a desire to scale or replicate in Ireland (it may also have potential internationally but this is not a requirement)
- The project must have a proven track record
- The project must be based on the island of Ireland and make its main impact in the Republic of Ireland
- Applicants must come from an entity that has a not-for-profit legal form e.g. company limited by guarantee, trust etc.
For further information on each of the four ‘Ignite categories’ and their own requirements visit here.
The Ignite Fund application form can be accessed through this link here.