€1.8m Fund Targets Disadvantaged Women

18 Feb 2019 | 09.56 am

€1.8m Fund Targets Disadvantaged Women

Mná na hÉireann fund to help women find employment

18 Feb 2019 | 09.56 am

Social Innovation Fund Ireland, in partnership with Bank of America and the Department of Rural and Community Development, have announced details of the Mná na hÉireann – Women of Ireland Fund.

The fund will support charitable and social enterprise organisations that seek to enhance the economic mobility of women, by investing in organisations that provide training, upskilling, education and other services directly to disadvantaged women.

Central Statistics Office data shows that the female labour force participation rate is 14% lower than their male counterparts, despite women making up more than half of third level graduates in the Ireland.

In addition to grant funding, successful organisations will receive a place on an accelerator programme that will provide bespoke training. Bank of America staff will also provide mentoring and further tailored training to the successful organisations.

Deirdre Mortell, CEO of SIFI, said: “Our aim is to support women who find it hard to access the labour market into decent and sustainable work by supporting relevant organisations to empower women by improving their skills, enabling them to seek higher quality, more challenging, and more fulfilling long-term employment. We aim to empower 1,000 women to find and secure sustained employment over the course of three years.’’

Organisations wishing to apply for funding can find details on the Social Innovation Fund website. The application deadline is April 18.

Photo: Deirdre Mortell (right) with Anne Finucane, chairman of Bank of America Merrill Lynch Europe. (Pix: Marc O’Sullivan)

 

 

 

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