These are the winners of a total of €290,000 that has been awarded to 25 community-based organisations across the island of Ireland as part of the Ulster Bank Community Impact Fund. Launched in February, in association with The Community Foundation for Ireland, voluntary and community organisations were invited to submit applications for funding to support the development of local enterprise activity, financial education and financial inclusion initiatives in communities throughout Ireland.
One of the organisations to receive funding is Foroige who received a grant of €26,000. The funding will be used to help deliver its ‘Network for Teaching Entrepreneurship Programme’, a cutting-edge youth entrepreneurship education and development initiative, for 2000 young people living in disadvantaged areas. Other successful applicants include Cork City Partnership who received funding to provide enterprise training for unemployed people who are going into self-employment for the first time, and the Galway Rape Crisis Centre, who will use the grant to provide financial education workshops to survivors of sexual abuse.
Commenting on the announcement, David Thomas, Managing Director of Ulster Bank’s Corporate Banking Division, said: “There are people and organisations, who strive to make a difference in their communities, every day. Too often, their exceptional work and dedication goes unpublished and unassisted. Social entrepreneurship and community organisations create the backbone of Irish communities. The Ulster Bank Community Impact Fund gives local community organisations a welcome boost by supporting their work in enterprise creation, financial education and financial inclusion activities. I am delighted to announce funding to 25 deserving organisations.”
The Ulster Bank Community Impact Fund was part of an island-wide initiative to support voluntary and community groups in areas of enterprise, financial education and financial inclusion. For further information on Ulster Bank’s community initiatives, go to www.ulsterbank.com