The Social Innovation Regeneration Fund is a two-year, €3.5 million fund created in partnership with the Department of Rural and Community Development via the Dormant Accounts Fund. The fund is aimed at building the capacity of six social innovations with proven impact and a desire to scale.
It has been set up to support previous Rethink Ireland awardees who have encountered a temporary core funding gap and are seeking support to revisit their business model and improve their financial sustainability.
Over the past three years, social innovations have grappled with challenges like the Covid-19 pandemic, inflation and the cost-of-living crisis. Changes in the external environment mean that some social innovations are experiencing a core funding gap, i.e. a gap in financial resources that can be spent on their core functions.
The fund offers a package of cash grants and non-financial supports to a maximum value of €1.64 million to support awardees to improve their financial sustainability and increase their social impact.
Children’s Books Ireland has a simple vision: Every Child a Reader. They inspire a love of reading in children and young people, and champion equitable access for all to excellent books.
They support and promote authors and illustrators, share their expertise and enthusiasm with the adults who guide and influence young readers, and encourage schools and early childhood settings to build a positive culture of reading and reading aloud.
Common Knowledge is a non-profit social enterprise in County Clare, which aims to help people create affordable and sustainable homes and tackle the core problem that people and communities in Ireland are facing – a lack of agency to meet their own broader basic needs.
They have three key activity areas: sharing skills through courses that empower people to take on their own projects in the areas of building, making, mending and growing; building community; and sharing their new 50-acre centre with other people and groups.
Engage in Education is a community-based organisation in Limerick city. They support motivated and committed underrepresented students who are experiencing disadvantage.
The organisation provides financial and non-financial interventions that support progression through primary, secondary, further and higher education. Their approach is student and family-centered, strengths-focused and inclusive.
Engage in Education’s model is built on early intervention, joint working, social inclusion and equality.
Sailing Into Wellness offers therapeutic sailing programmes to support and empower people in our communities, foster healing, build resilience and inspire positive change in society.
By collaborating with community-based organisations, Sailing Into Wellness works with groups with mental health challenges, intellectual disabilities, Autism Spectrum Disorders, those in addiction recovery, youth support services, the criminal justice system, post-psychiatric care and marginalised communities.
With over 80,000 children on waiting lists for speech therapy and occupational therapy, the services offered by Sensational Kids are a lifeline for families whose children would otherwise be waiting three to four years to access services.
As a result, they would lose the opportunity for timely therapeutic support and better outcomes for their children with additional needs.
The Great Care Co-op is Ireland’s first worker co-operative in home care where employees are co-owners of the business. It is a radically new model of care for Ireland, grounded in human rights and equality.
All profit is reinvested into achieving quality care for people, and improving wages and working conditions for carers.
The Great Care Co-Op’s mission is great care with great jobs. This is a systemic change approach to build a fair and sustainable model of home care for all of our futures.