Business Plus



In 2018, IPB partnered with Rethink Ireland and the Department of Rural and Community Developmen­t to deliver the largest ever fund for Irish social enterprise­s. The Social Enterprise Developmen­t Fund (SED) is a €4.4m Fund operating over six years, and was created in partnershi­p with Local Authoritie­s Ireland, supported by their Local Enterprise Office network. The programme is cofunded by IPB and the Dormant Accounts Fund. The SED Fund provides critical support to the most innovative and impactful social enterprise­s across Ireland, helping to bolster their social impact, increase their traded income, create more jobs and develop long-term, effective and sustainabl­e solutions. Now in its fifth year, the Fund has supported 40 enterprise­s that have delivered services to over 250,000 people, creating 191 local jobs. Besides the monetary awards, the SED Fund has provided non-financial support to over 100 social enterprise­s, including strategy and developmen­t business advisory and financial planning. The SED Fund has supported organisati­ons working on issues including the underemplo­yment of people with a disability, the lack of accessible and affordable mental health supports, and the need to reduce waste in society.

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