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Education projects in Kilkenny invited to apply to €1.2 million Rethink Ireland fund
Reporter:
mary.cody@kilkennypeople.ie Emer O’Neill, Múinteoir with RTE Home School Hub; Deirdre Mortell, CEO, Rethink Ireland; Minister of State, Joe O Brien );
);
Projects in Kilkenny that empower young people and adults through education are being invited to apply to a €1.2 million which has been launched by Rethink Ireland.
The Engage & Educate Fund was created by law firm Mason Hayes & Curran LLP and Rethink Ireland, the Social Innovation Fund of Ireland, in partnership with the Government of Ireland. It backs innovative projects which support young people and adults from marginalised communities to access education.
Kilkenny organisations encouraged to apply for €1.2 million Community Education Fund
Reporter:
mary.cody@kilkennypeople.ie Minister Joe O’Brien Minister of State with responsibility for Community Development and Charities at the Department of Rural and Community Development, Deirdre Mortell CEO of Rethink Ireland and Em );
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A €1.2 million fund aimed at backing innovative projects that empower young people and adults through education and enabling people from marginalised communities to access game-changing education programmes was launched today.
This is the second phase of the Fund, which will run over the next three years, and is now officially open for applications until June 2. An initial investment of €450,000 from 2017 -2019 supported eleven inspiring projects across 10 counties in Ireland with financial and mentoring support. As a result, these charities reached 5,725 participants and mobilised 1,305 volunteers. This second phase is now worth €1.2 m
Venture capital funds in Ireland (“
VCs”) typically invest in the technology sector, with a strong focus on software, life sciences and FinTech.
Do venture capital funds require any approvals before investing in your jurisdiction?
There is generally limited regulation in respect to VCs deploying capital by investing into investee entities in Ireland. Approvals tend to be at the fund level in terms of the regulation of how VCs raise funds and how their investment activities are regulated.
Investments into investee companies operating in certain regulated industries may require regulatory approval from the relevant regulatory body for that industry (particularly if change of control thresholds are triggered as a result of the proposed investment). Specific requirements will vary from industry to industry.