The 2024 Wicklow Connecting Communities Roadshows wrapped up with a successful final event in Arklow, held just before Halloween. Over five events across County Wicklow, the roadshows brought together diverse voices, empowering community members to explore challenges and shared goals under the theme of “Strengthening Community Voices.”
Spearheaded by Wicklow Public Participation Co-ordinator Helen Howes and her colleague Grainne Quinn, our own Barry Symes, Head of ROI Community Finance Ireland, was in attendance to hear from volunteers and the community conversations.
Having collaborated with clients such as Tinahely Community Centre and Arklow Maritime Museum and more recently supporting Enniskerry Tennis Club Barry has first-hand experience of supporting community empowerment through the use of social finance solutions.
Wicklow looks forward to building on these conversations for a more connected and engaged future. For more details on how social finance helps empower voices click here.
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Local volunteers at Enniskerry Tennis Club were delighted to welcome a recent visit from Community Finance Ireland (CFI), where they received social finance, to continue their work in fostering an inclusive and thriving community tennis club. The funding will aid ongoing club memberships and contribute to an exciting new court resurfacing project.
With a strong focus on inclusivity, Enniskerry Tennis Club has introduced initiatives such as Affordable kids’ camps and Women in Sports programs. These efforts have made the club a welcoming space for people of all ages and backgrounds. Thanks to the support from CFI, volunteers can continue to invest in improving the facilities for todays and tomorrow’s members.
Conor Dowd, Club Secretary, expressed his gratitude for the backing, saying:
“The support from Community Finance Ireland couldn’t have come at a better time. This funding will not only enhance our facilities but also help us continue making tennis accessible to everyone in the community.”
Barry Symes, Head of CFI ROI and a tennis fan himself, was thrilled to take to the court during his visit, picking up some tips from the volunteers on improving his own game.
Commenting on the day, Barry said:
“Community facilities like what the group is doing at Bog Meadow are proof that with community buy-in, progress can and is made. We were delighted to be in a position to support them in their journey to game, set, and match for everyone.”
With CFI’s backing, the club looks forward to continuing its objective of making tennis affordable, accessible, and enjoyable for all, in the Wicklow region.
If your local sports club has ambitions get in touch and see how we might help here.
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Community Finance Ireland (CFI) continues to support local and early-stage community initiatives. One such project that has recently benefitted from this support is Hair Together, a social enterprise based in Dublin and founded by CEO Eileen McHugh who says:
“Hair Together deliver hairdressing and barbering courses with a social twist. While learning practical skills and exploring career paths, participants also learn valuable tools to enhance their overall well-being. We offer a safe space for personal growth with our main focus on young people from Ballymun and women who have experienced prison”
John Evoy, Board Member at Community Finance Ireland, and Colm Prendergast, Client Relationship Executive Community Finance Ireland recently met with CEO Eileen McHugh where the news of our financial assistance was met with genuine delight.
This assistance will enable Hair Together to expand its services, reach more individuals in need, and continue its important work in the community.
John Evoy, expressed his enthusiasm for the project, stating:
“We are proud to support Hair Together and witness the tangible impact it is making on people’s lives. Social enterprises like this are essential in creating resilient communities.”
Colm Prendergast added, Hair Together embodies the spirit of social enterprise. It’s inspiring to see how Eileen is using hairdressing as a tool for positive change.”
More information about Hair Together or to get involved in their program here.
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Community Finance Ireland (CFI) is proud to announce its continued support for local and early-stage community initiatives. The latest recipient of this vital support is ‘Lust for Life,’ a Dublin-based social enterprise that is pioneering innovative solutions for children’s mental health and wellbeing.
Lust for Life, led by CEO Bernie Keogh, is dedicated to enhancing the mental health of children and young people through creative and impactful programmes. As the need for mental health services continues to rise, ‘Lust for Life’ is stepping up with targeted interventions that provide much-needed support to the younger generation.
Earlier this summer, Donal Traynor, CEO of Community Finance Ireland, announced support for Bernie and the team. This funding will help the social enterprise’s efforts in delivering critical mental health services.
Donal Traynor expressed his enthusiasm for this social enterprise stating:
“Community Finance Ireland is delighted that Lust for Life has benefited from our assistance. The team’s services have never been more needed, and we are delighted to support them at this juncture in their chapter.”
The support from CFI comes at a crucial time for Lust for Life enabling them to expand their reach and impact more lives across Dublin and beyond.
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Social enterprise Community Finance Ireland (CFI) has been playing a vital role in helping our athletes compete at the highest level, according to the Irish athletics stalwart who has coached at four Olympic games.
With the country still celebrating the success of our athletes at the recent European Championships in Rome, ex-Irish Athletics team manager Patsy McGonagle said clubs across the country are benefitting from social finance loans from the charity lender to improve facilities.
McGonagle, who during his 25-year stint at the helm of the Irish Athletics team coached the likes of Sonia O’Sullivan and Rob Heffernan said:
“It’s all about the grassroots feeding into the elite games, and you won’t have Irish athletes succeeding at European Championship or at Olympic level if they don’t have proper training facilities in their local communities.”
Since 2001, CFI has committed more than €100 million to hundreds of community organisations on both sides of the border. Lending to sports clubs, community projects, faith-based groups, and social enterprises, CFI funds initiatives that make a difference in local communities.
And CFI’s recently published Social Value Report 2023 shows that 49 sports clubs were loaned a total of €6 million between January and December 2023.
In Stranorlar, Donegal, CFI funds were used by McGonagle’s club Finn Valley to build new changing facilities for members and officials.
“We’re providing a modern facility in an area where there’s very little opportunity,” McGonagle said. “The mental impact that’s had on the community, the physical and social impact – it’s all positive. When there was a shortfall and we needed money, Community Finance Ireland made it a win-win for us big time. They were very responsive and easy to work with. It was a great experience. The facility would not exist were we not to get that finance.”
Calculating the wider social value of CFI loans
In its Social Value Report 2023, published June 2024, CFI says that for every euro it loaned, the social return was €3.69, a figure which, the charity says, reflects the positive impact its loans have on the wider community.
Between January and December 2023, CFI loaned a total €13 million to 109 organisations across the island of Ireland.
The analysis was calculated by economic development specialists Rose Regeneration using its Social Value Engine (SVE). Rose Regeneration’s SVE is used by public bodies in England and Wales and follows several key steps when calculating a loan’s social value, such as examining agreed project outcomes to give them a financial value.
CFI chief executive Dónal Traynor said calculating the social return of their investments helped the charity understand the wider impact its loans were having. He said:
“There is a huge excitement for Irish athletes going into the Paris Olympics, especially after their recent successes in Rome. But their coaches will tell you, the hard work starts at home, in their local communities. Athletes require decent local facilities if they are to stand a chance of succeeding at major events. For more than two decades, CFI has been helping grass-roots clubs to foster the potential of budding youngsters. Finn Valley is a great example of this, but they’re not alone. We also provided a bridging loan to St. Laurence O’Toole Athletic Club in Carlow, to begin works on an Olympic-standard running track. More than 400 athletes of all ages and abilities in Askea are now training in world-class facilities. They’ve produced 40 track-and-field internationals in the last decade. Imagine how many more young athletes have the opportunity to follow in their footsteps now. We know that international success inspires young athletes – that’s social impact. Like those athletes, as a social enterprise, we strive to create a lasting social impact in every community on the island. It’s the driving force behind everything that we do.”
Click here to read the Social Value Report for 2023 in full.
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Terms & Conditions
This giveaway offers individuals (who are registered within our database) the opportunity to avail of clothing for a juvenile sports squad of their choosing.
1. Eligibility Criteria:
Open to all GDPR compliant email addresses within the CFI database.
Staff and Trustees of CFI will be eligible to have their names included in the draw.
The chosen individuals connected to the email must be in a position to nominate an amateur Sports Club (if not, they will be redrawn).
The chosen club must have a juvenile squad they can identify as being the recipients of the support (if not, they will be redrawn).
2. How to Apply:
All individuals who provide their contact details to the CFI database in a GDPR compliant manner, will automatically be included in the draw each quarter.
New individuals interested in the draw arising from publicity emanating, may sign up for inclusion via the ‘Join Our Mailing List’ form available on our website (and below), or by emailing a team member directly at CFI asking to have their details retained on file for ongoing communications and the opportunity to avail of the giveaway.
Each club nominated can only win once in the calendar year.
3. How the Nomination Works:
Emails on file will be randomly selected to ensure fairness and transparency, and will be adjudicated upon by the CFI Compliance Officer and a 2nd member of the CFI executive team on each occasion.
Two names will be selected each quarter to nominate a different club each. We will strive for a balance of boys and girls teams to benefit across the draws.
4. Announcement(s):
Individuals will be contacted on the second working day of the first month of each quarter (January, April, July, October).
Individuals will be notified by the closest connection point in CFI (e.g. local Client Relationship Manager or personal contact) via the email address supplied. The individual must revert in writing to CFI within 72 hrs confirming acceptance. If no response has been received confirming acceptance of the support, a substitute draw will take place at the start of the next working day.
The individual will have 5 working days from being contacted to confirm to CFI, the name of the chosen club, the juvenile squad within, including the number of players involved.
Clubs will only be publicly announced at point of presentation photocall (see below).
5. Distribution of Giveaway:
Each club will receive (from the CFI contact point) the pricing and sizing list from CFI’s preferred supplier, to choose required clothing for the squad, within a maximum gross value of £/€1,000 per club.
The club will be put in direct contact with the supplier, by the CFI contact point.
Club to revert to Supplier (cc CFI contact point) via email with final order for clothing, including club logo (s) within 2 weeks of confirming acceptance of support.
Supplier will share draft design with CFI contact point and club representative. The final clothing supplied will have CFI branding in a prominent position, agreed with the Club.
CFI will pay the supplier directly on behalf of the club and receive the clothing direct to CFI offices in either Belfast or Ardee.
6. Reporting:
Clubs must agree to participate in a presentation photocall at the club grounds with representatives from CFI who will bring the clothing with them. (This photocall to be arranged and paid for, by Community Finance Ireland).
Photocall to take place within the same quarter, and subsequent to receipt of clothing from supplier by CFI. Photographer to be co-ordinated by marketing department and align with availability of club representative and CFI contact.
To mitigate potential issues with consent down the line, clubs will be notified in writing at point of email selection, that presentation photos will be shared publicly in press / social media.
Please refer to our Privacy Policy for full details of how we process your data.
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Essential funds will be made available to capital projects in communities across Northern Ireland thanks to a brand new £13m loan fund managed by Community Finance Ireland (CFI).
The unique Financial Transactions Capital (FTC) fund, made available by the Department for Communities will be used to address social need through targeted funding to help communities meet objectives set out in the draft Programme for Government.
North Belfast based Crusaders Football Club is the first recipient of the loan fund for the installation of a 3G pitch at its Loughshore Road Grounds for use by its women’s and youth teams.
Donal Traynor, Group Chief Executive of Community Finance Ireland (CFI), welcomed the new tranche of funding. At a visit to Crusaders Football Club, he said:
“This new programme offers the most substantial capital intervention to the social finance space in Northern Ireland, ever. As the most progressive community lender with over 20 years of history working with local communities in Northern Ireland, our team are ready to speak to community and social enterprise projects seeking financial support, and to channel the distribution and management of this capital.”
Loans of £10,000-£500,000 will be available for terms of up to 15 years, with no penalties for early repayment. Where community projects demonstrate a need for a larger loan amount, CFI can consider making match funding available.
With a current social value return of £3.42 to every £1 invested, CFI can help organisations to create significant positive change in their communities that far exceeds the face value of the loan. It’s an exciting opportunity for communities and CFI look forward to seeing the impact from projects like the new 3G pitch at Crusaders Football Club.
Minister for Communities, Gordon Lyons said the scheme would provide targeted funding to the VCSE sector:
“The Voluntary, Community and Social Enterprise sector is hugely important for our local economy, providing much needed employment opportunities as well as vital community support. It is great to visit Crusaders FC to see their plans for a new training base for their ladies and youth teams and meet some of the people who will benefit from the investment. As the Minister for Sport, I’m pleased to see projects which will increase participation in sport, encouraging people to be more active, more often.”
Minister Lyons added:
“This scheme goes beyond the benefits these bricks and mortar projects will deliver. It also increases accessibility to facilities and builds community confidence, offering sports, cultural and social enterprises access to sustainable funding. Funding streams like this one can offer the VCSE sector a financial lifeline at a time when organisations are facing challenging budgetary conditions.”
Mark Langhammer, Crusaders FC Vice Chair said:
“Crusaders Football Club are delighted to work with Community Finance Ireland in developing training facilities that will particularly benefit the female and junior sections of our club and surrounding area. The close relationship, added value and flexible nature of the finance provided by Community Finance Ireland best allows us to deliver on our plans and make modern football facilities available to everyone.”
The £13 million investment will be made by the Department for Communities in three tranches to 2025/26. £4.333m has already been released to the scheme and loans totalling £576k have recently been made available to three projects.
Community Finance Ireland will apply their existing business model to prioritise projects for investment and manage repayments; the investment will be repaid to the Department for Communities over 15 years from drawdown.
If your community group or sports club has a project in mind that we can help with, thenget in touch today to speak to one of our client relationship managers working in your local area.
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📢 Attention All Local Communities! 📢
Almost €9 million in funding is now available under the 2024 CLÁR (Ceantair Laga Árd-Riachtanais) programme. This funding is specifically aimed at supporting community and sports facilities nationwide, particularly in areas that have faced significant population decline.
Here is the breakdown of what’s available:
Measure 1: Grants ranging from €5,000 to €50,000 for community and sports facilities, youth clubs, playgrounds, sensory gardens, walking tracks, and more.
Measure 2: Support for voluntary groups providing free transport for cancer care, Community First Response Support, Search and Rescue organizations, and this year, meals on wheels services. Maximum grants of €50,000 for a car and €100,000 for a bus.
Measure 3: Aimed at supporting offshore island communities, with maximum grants of €120,000 for community transport projects and up to €50,000 for amenities projects.
At Community Finance Ireland, we understand that if your grant is approved you may need additional support in the form of accessing your grant via bridging finance. And this stage is often needed swiftly.
That’s why our local relationship managers are here to support you at that key stage in the overall process. Whether you are in one of Ireland’s most remote areas or not we’re dedicated to helping you drawdown that much needed grant award.
If you are interested in accessing CLÁR 2024 funding and need assistance on the drawdown of an approved grant, don’t hesitate to reach out to us. Our team is committed to working with you make the most of a successful application.
Get in touch with Community Finance Ireland’s seasoned navigators who are here to help you access Bridging Finance.
More info from the department visit their website.
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Community Finance Ireland is recruiting interested parties to join its Board of Trustees. New trustees have an exciting opportunity to shape a new social enterprise that has an all-island footprint and the mission to ensure that Social Impact is felt, not just dreamt.
Let’s Make Lasting Change for Good
Our current Board works as an all-island team. Each member has different experiences and skills (their bios are here).
We are looking for the following to add to the existing Board’s strengths:
Community Finance Ireland in association with Rural Community Network and supported by the International Fund for Ireland (IFI) have delivered a series of workshops to aid the coming together of communities who straddle the border regions, seeking to develop social enterprise.
23 participants from NI and ROI communities attended a series of residentials, workshops and mentoring sessions that culminated in a final event at Lusty Beg Fermanagh. Also in attendance were the Chair of International Fund for Ireland Paddy Harte, Frances Spence of Rural Community Network & CEO of Community Finance Ireland Donal Traynor.
The participants opened their minds to working collaboratively on a cross-border, cross-community basis to aid the development of social enterprises or community projects, working in varying areas of deprivation and legacy issues arising from the Troubles.
This unique pilot’s primary role was to support the ongoing peace and reconciliation on the island through the medium of social enterprise development. Delivered through collaboration between CFI and Rural Community Network, the IFI supported programme has certainly played a positive part in continuing that ambition.
With Orange Halls and GAA clubs working side by side the programme demonstrated that whilst culturally there may be differences, there was far more in common than realised. You can hear firsthand from Donal Traynor, Paddy Harte and some of the participants on how this project came about and their experiences and the benefits of being involved.
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