Minister of State for Community Development, Integration and Charities Joe O’Brien TD, today (23th November 2023) announced funding of €47.6 million from the Dormant Accounts Fund to address disadvantage right across the country.
The Minister made the announcement while launching the 2024 Dormant Accounts Action Plan at the “BoxUp” project in Rush, Co Dublin.
BoxUp, supported by Sport Ireland through the Dormant Accounts Fund, is a free equipment sharing solution that aims to tackle inequality in sport by providing free access to sporting equipment.
The Dormant Accounts Fund can be used to fund measures that address economic, social, or educational disadvantage and to support people with a disability. The 2024 Action Plan allocates funding of €47.6 million to 52 measures to be delivered across 11 Government Departments.
Launching the Action Plan today, Minister O’Brien said:
“I am delighted to launch the Dormant Accounts Action Plan 2024 which provides funding of €47.6 million to help address disadvantage right across Ireland. The 52 measures approved for funding in 2024 will be implemented across Government and will help to address a diverse range of issues such as long term unemployment, Traveller equality, youth disadvantage, migrant integration and probation supports to prevent re-offending.”
The Minister continued:
“Dormant Accounts funding makes a real difference to individuals and communities right across the country. The 2024 Action Plan being published today will help ensure that we can continue to support those who need it most during these challenging times. I am particularly pleased to see continued support for traveller initiatives and services across 5 departments”.
Minister Heather Humphreys T.D. noted:
“I welcome the 2024 Dormant Accounts Action Plan which will see €47.6 million in funding targeted at addressing disadvantage.
“Within my Department, it will allow continued funding of €5.5 million for Rethink Ireland and €2.7 million for the Senior Alerts Scheme. It will also see support for Social Enterprise €2 million and just over €1 million for Targeted Social Inclusion Measures. These interventions, and similar measures across Government, make a real difference for thousands of individuals right across the country.”
The Dormant Accounts Fund Action Plan 2024 is available to view here.