From Department of Rural and Community Development
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Michael Ring, TD, the Minister for Rural and Community Development,
today (Friday 12 April) launched the second call for proposals under the Government’s Item was unpublished or removed
The launch took place at the Bluestack Centre, Letterbarra, Drimarone, Co. Donegal where the Minister was hosting a ‘Rural Opportunity’ briefing for community and voluntary groups in the region.
Under Project Ireland 2040, the Rural Regeneration and Development Fund, administered by the Department of Rural and Community Development, will provide €1 billion in investment over 10 years to support the renewal of small towns, villages and outlying rural areas. Initial funding of €315 million is being allocated on a phased basis over the period 2019 to 2022. Under the first call, €86 million in funding for projects throughout the country was announced.
Announcing the opening of the second call for the Fund, Minister Ring said:
“I am delighted to announce the second call for proposals under the Rural Regeneration and Development Fund today at this ‘Rural Opportunity’ event in Donegal. The Fund is an important part of the Government’s Project Ireland 2040 initiative and will help to stimulate renewal and continued development economically and socially in rural areas across Ireland.
“The Fund will support significant and strategic investment in capital projects which will strengthen rural economies and communities across this country. Promoting collaboration at a local level, the Fund will continue to transform local communities, building their resilience and contribute to the objectives of Project Ireland 2040.”
This second call for proposals will focus on Category 1 capital regeneration projects which are ready to commence. Through a competitive process the Fund will support collaborative projects in rural settlements of less than 10,000, with funding available of at least €500,000.
The types of initiatives which the Fund will support in the second call include:
Key policy priorities for this call include building the resilience of communities to face- the challenges posed by Brexit outcomes and assisting in the transition to a competitive, low carbon, climate-resilient and environmentally sustainable economy.
The Minister concluded:
“In this Second Call, we are also keenly aware of the need to focus funding on regeneration which can address Government wide policy priorities, namely: supporting communities to face the challenges posed by Brexit, and assisting communities to transition to a competitive, low carbon and environmentally sustainable economy.“
The Fund will be open to Local Authorities, Local Development Companies, State agencies, other Government Departments, philanthropic funders, the private sector and communities. The Lead Partner must be a State-funded body.
The closing date for the receipt of proposals is 12 noon on Tuesday, 6 August 2019 . Applications can be submitted electronically on the official Application Form, which is available on the website of the Department of Rural and Community Development. It is anticipated that successful projects will be announced in October 2019.
It is expected that a call for Category 2 proposals (funding to enable projects develop to category 1 application stage) will be announced in October 2019.
Full details of the Rural Regeneration and Development Fund, along with the Application Form, are available here.
ENDS
Project Ireland 2040 has established four new capital funds:
This is the second Call under the Rural Regeneration and Development Fund. The first Call was announced in July 2018, and received 280 applications.
Funding of €86 million was announced for 84 projects from the first Call in two announcements in Sligo (November 2018) and Castlebayney (February 2019).