Growth Fund

WHAT IS THE GROWTH FUND?

The Growth Fund is a fantastic opportunity to partner with Social Innovation Fund Ireland if your next goal is to achieve transformational change for a social issue. The Fund will only back organisations that are looking to secure significant growth capital that supports their ambition and desire for scale across Ireland over a three year period.

If your application is approved you will first partner with SIFI’s Business Development team, for up to six months from the date of approval, to secure your growth capital fundraising target. If you are successful in securing this capital, SIFI will then provide an uplift to this capital, and work with your organisation over a three year period to support your plans for scale and maximised impact. 

Applications to the Growth Fund will be accepted twice yearly, during the months of July and January, and are open to existing SIFI Awardees that meet the criteria listed below.

If you have any further questions please don’t hesitate to contact your Fund Manager or eoghan@socialinnovation.ie.

 

GROWTH FUND CRITERIA

To be eligible to apply for the Growth Fund your organisation must meet all criteria listed below;

  1. Has graduated from a SIFI Accelerator programme or completed 1 year of a SIFI Gamechanger programme
  2. Has received a single SIFI cash grant investment of at least €50k
  3. Aims to secure funding of at least €150k per annum for 3 years

 

HOW LONG IS THE GROWTH FUND OPEN FOR APPLICATIONS?

The Growth Fund will initially open for applications from Monday, July 2nd 2018 to Tuesday, July 31st 2018, 5pm

 

HOW CAN I APPLY?

It’s really simple! If you believe you meet the criteria listed above, start the process by submitting your expression of interest here. A SIFI staff member will then reach out to you with the required next steps.