Rethink Ireland select Parents Plus for three year Entrepreneurship Impact Programme
In partnership with a private donor, Rethink Ireland announced Parents Plus as one of eight awardees from strand 1 of their Entrepreneurship Impact Fund. This €3 million three-year fund will support the eight innovative social organisations to achieve higher levels of impact by scaling their innovations and reaching their next stage of growth.
Rethink Ireland highlighted that “Ireland faces continuing critical social issues across health, education, equality, and the green transition sectors. One of the key problems confronting social innovations is the difficulty of scaling their operations and social impact. Insufficient funding in terms of both scale and duration to align with their aspirations, as well as a shortage of suitable capacity-building supports are key main barriers.”
The Entrepreneurship Impact Fund’s Strand 1 will address these challenges by providing multi-year funding and targeted support in the areas of scaling, investment and procurement readiness, organisational resilience, leadership, impact measurement, and financial sustainability. The eight innovative and change-making projects awarded under strand 1 of the Entrepreneurship Impact Fund will drive social change with greater impact, increased scale and long-term sustainability through individual and collective solutions in the areas of green transition and enhanced social inclusion, accessibility and equality – achieving transformative social impact in communities across Ireland.
Speaking of the news, CEO Cherie Tyner explained what the programme and funding means to Parents Plus, “By working in partnership with Rethink Ireland over the next three years, and investing in the infrastructure Parents Plus needs to scale deeply, together we will create lasting, positive outcomes for thousands more families and communities, and the services set up to service them. On behalf of all of the team and board of trustees at Parents Plus, we would like to extend a massive thank you to Rethink Ireland and the private donor for selecting Parents Plus.”
The organisations awarded under the fund are: Parents Plus, Accelerating Change Together, The Bike Hub, Habitat for Humanity Ireland, No Barriers Foundation, Property Marking, Refill Ireland Project Clg and The Great Care Co-op