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€40 million Covid-19 support package launched

12 May 2020
The Minister for Rural and Community Development, Michael Ring TD, and Mr. Seán Canney TD, the Minister of State with responsibility for Community Development, on Friday (8th  May) announced the launch of a €40 million package of supports for Community and Voluntary Organisations, Charities and Social Enterprises. 

A large number of these organisations are providing critical services to vulnerable individuals and groups in society arising from the COVID-19 crisis. Many of these organisations now find themselves in financial difficulty as fundraising efforts, commercial activities and other services they rely on have been curtailed due to the ongoing crisis. 

The €40 million funding package is being made available through the Dormant Accounts Fund, which is specifically set aside to support initiatives which will benefit the most disadvantaged groups in society. 

The package consists of: 
 
  • a €35 million 'COVID-19 Stability Fund' which will provide a level of support to qualifying organisations who are most in need and have seen their trading and/or fundraising income drop significantly during the crisis
  • a €5 million government commitment to a Philanthropy Fund, (Innovate Together) which will focus on supporting responses to the COVID-19 crisis that require innovative and adaptive solutions to existing and emerging challenges

 
Further details of both of these funds and information on how to apply can be found at :
 

 
Please note applications dates are as follows:
 
Stability Fund – Monday, 11th May 2020 until 5pm Wednesday, 20th May 2020
 
Philanthropy Fund – Wednesday, 13th May 2020  until Wednesday, 27th May 2020 

 
 
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