July 24, 2021
Business News

What a result: Three Wicklow sports projects score €270,000 in community funding

What a result … three community projects in Wicklow have scored more than €270,000 in social finance between them .

GAA clubs Arklow Geraldines Ballymoney (Pictured above) and Avondale, and Tinahely Community Sports Hall CLG received €278,000 from Community Finance Ireland in the three years.

Community Finance Ireland helps community projects to access finance and drive social impact and is the fastest growing dedicated social finance provider across the island of Ireland and the UK.

The organisation supports projects ranging from community farms and sports clubs to environmental projects and cultural events.

“Since the 2008 recession, finance has been harder to come by, particularly for non-profit organisations,” Dónal Traynor, Associate Director of Community Finance Ireland, said.

“The funding landscape has changed dramatically, with progressive organisations – such as Community Finance Ireland – developing new and innovative approaches to meeting communities’ finance needs.”

“The organisations we work with are, typically, run by volunteers.  Unlike banks, we don’t ask for personal guarantees, and our finance products are specifically tailored for the community sector. ”

For further on Community Finance Ireland, visit www.communityfinance.ie.

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