A new €5 Million fund has been launched to support emerging innovations that address current and long-term social, economic and environmental challenges.
The Innovate Together Fund was launched today by the Social Innovation Fund Ireland, in partnership with the Department of Rural and Community Development.
Social Innovation Fund Ireland has called on companies, foundations, families and individuals to donate to this initiative.
Medtronic Foundation — a charitable foundation dedicated to improving health among underserved populations has set an example for the philanthropic community through a €70,000 donation.
Minister Seán Canney TD said he is delighted to launch the fund which will help organisations across the country who contribute so much to our society.
“The Government has pledged to provide €5 million via the Dormant Accounts Fund so that as many organisations as possible can get the help they need to help to continue to support those affected most by the COVID-19 pandemic,” said Minister Canney.
Paurvi Bhatt, President of the Medtronic Foundation added: “We know this pandemic is disproportionately affecting underserved populations around the world, including in Ireland where Medtronic is headquartered.
“We are proud to support the Innovate Together Fund to help fund local organizations delivering critical services to those in need.”