RWN CycleUp was delighted to be selected as a Rethink Ireland Social Enterprise Start-Up Fund Awardee for 2022 which will allow the CycleUp social enterprise to develop from the financial reward as well as benefit hugely from the mentorship and business guidance offered.
The Social Enterprise Start-Up Fund, now in its second year, is an €800,000 Fund developed by Rethink Ireland in partnership with the Department of Rural and Community Development via the Dormant Accounts Fund. On August 11th 2022 the Rethink Ireland Social Enterprise Start-Up Fund Awardee list of 20 was announced with the aim to support social enterprises at the startup and early stage of existence, with organisations from 10 counties throughout Ireland recognised as Awardees.
Richard Gavin, Assistant Principal at Department of Rural and Community Development stated: “Recipients of today’s funding and support are playing a key role in developing communities nationwide and I want to extend my congratulations to all Awardees. With their commitment and dedicated work, these enterprises are making a true social and economic impact on their local communities, while also tackling key social issues that we face today. They are inspirations for the next generation of social enterprises and we look forward to continuing to support them as they progress and develop further.”
CEO of Rethink Ireland, Deirdre Mortell commented on the Awardee announcement stating: “This year Rethink Ireland published our 6 Year Impact Report, detailing the level of progress that has been made towards developing a more sustainable and fairer Ireland by supporting social enterprises. Today, I’m delighted to announce that Rethink Ireland is awarding additional support and funding to 28 social enterprises who are on their journey to creating a lasting positive impact on communities across the country.
“Social enterprises are part of the social fabric of our communities as they play a key role in developing solutions to the biggest challenges we face on a daily basis. From a toy library that offers rental toys to families to reduce waste, to a therapeutic adventure group focused on tackling youth mental health difficulties, or a heart-warming community centre that is integrating and including immigrants and refugees into Irish society through support and learning opportunities, social enterprises show a deep level of care for everyone in a community across Ireland. We are so thankful to our supporting partners and are delighted to have the opportunity to support these wonderful organisations.”
IPB Insurance Chief Executive Michael Garvey said “Working alongside our local authority Members, our collaboration with Rethink Ireland and the Department has proven hugely successful in attracting and supporting social enterprises that are making a real difference in addressing social needs in their communities. The social enterprise sector in Ireland is going from strength to strength and is playing an increasing role in strengthening the sustainability and resilience of communities across the country. It is important that social enterprises continue to be nurtured by recognising the importance of the sector and providing assistance through financial and business supports.”