Social Enterprise Capital Grants Scheme 2021
Monaghan Local Community Development Committee invites applications for funding under the Social Enterprise Capital Grants Scheme 2021.
The Department of Rural and Community Development has approved €19,919.32 in funding for Monaghan under the scheme.
Funding will be aimed at supporting social enterprises with small scale capital projects such as the purchase of equipment or the carrying out of repairs or refurbishment of existing facilities. The Scheme does not provide funding for operating or administrative costs.
A Social Enterprise is an enterprise whose objective is to achieve a social, societal, or environmental impact, rather than maximising profit for its owners or shareholders. It pursues its objectives by trading on an ongoing basis through the provision of goods and/or services, and by reinvesting surpluses into achieving social objectives. It is governed in a fully accountable and transparent manner and is independent of the public sector. If dissolved, it should transfer its assets to another organisation with a similar mission.
Only social enterprises, as defined in the national social enterprise policy, may apply under this scheme. All applicants will be checked and verified to ensure they meet the definition.
Expenditure incurred before the date of grant approval will not be eligible.
Note: Applicants should be aware that the Programme is likely to be oversubscribed. Therefore, all applications fulfilling the conditions may not be successful or may receive a lesser amount of funding than requested.
An online application form and guidelines are available on Monaghan County Council’s website at www.monaghan.ie
If you have any queries please contact the Community Development Section by email firstname.lastname@example.org.
Closing date for receipt of completed application forms is 12:00 noon on Wednesday the 6th October 2021.