Legislation governing the Dormant Accounts Fund provides for the disbursement of monies from the Fund for programmes or projects to assist:
- the personal and social development of persons who are economically disadvantaged,
- the educational development of persons who are educationally disadvantaged, and
- people with disabilities.
The 2016 Dormant Accounts Fund Action Plan includes a range of measures to be delivered across a number of Government Departments that meet these objectives. The Plan includes a provision for the allocation of up to €1.75 million to support Social Enterprise measures.
My Department is currently working with Pobal in finalising the Social Enterprise measure under Dormant Accounts Fund, with a view to inviting applications under the scheme in the coming weeks.