Social Innovation Fund Ireland (SIFI) was created in 2013 by the Irish Government to stimulate philanthropy and to support social innovation. To stimulate this, it put up a €5 million challenge fund, to be drawn down as it is matched by private contributions.
In 2016, the Programme for Government committed to increase the scale of SIFI matched funding to €50 million, creating a potential €100 million fund.
To date, SIFI has raised over €5 million in philanthropic pledges. We have granted just under €1 million to 12 awardees which collectively impact the 26 counties of the Republic of Ireland.
We are fast building momentum to become a significant force in helping attack social disadvantage and exclusion across a broad spectrum of Irish society.