• Cork Foundation Fund

    Development centre and medical devices firm benefit from Cork Foundation Fund.

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Cork Foundation

This new philanthropic fund, rigorously managed by the best business and legal brains, will support robust new business expansion, job creation initiatives and community strengthening programmes. This will, in effect, deliver dynamic job creation for the Cork are. A truly pioneering initiative for Ireland …Learn more

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Welcome

Cork Foundation: Powering Enterprise and Community

The Cork Foundation has a plan to help businesses and communities drive economic recovery in Cork. We are calling on people at home and abroad to come together to help lead the Cork region into a new era of sustained employment, prosperity and make the creation of jobs Cork’s Number 1 priority.

The Issue

Businesses and community enterprises are encountering funding issues that are restricting their ability to set up and grow. There are challenges in accessing credit and bridge finance; existing support organisations apply restrictive criteria and have maximum funding limits; there is also a significant lack of support for community-led enterprise.

The Solution

A genuine interest and commitment to engage and help was expressed by the Cork Diaspora. Members of the Cork business community also recognised the need for new funding models to drive the recovery of indigenous business. The Cork Foundation was established to act as the vital link between these groups, connecting the funding stream from contributors to enterprise. Through these initiatives, businesses can flourish and achieve economic success. This in turn leads to increased economic viability and employment growth within the region.

 

Endorsements

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Simon Coveney

Minister for Agriculture, Food, and the Marine

“The Cork Foundation is the key to unlock funding for business and community enterprise in Cork and will drive job creation in the region.”

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Julie Sinnamon

Executive Director Global Business Development, Enterprise Ireland

“Enterprise Ireland client companies directly and indirectly employ more than 300,000 people throughout the country. The contribution of enterprises in local communities to supporting job creation and fuelling economic growth is widely recognised and is a key pillar of the government’s Action Plan for Jobs. Initiatives such as the Cork Foundation can help address a key barrier to the growth of such enterprises by helping them gain access to critical funding. This will enable businesses and communities to flourish in Cork. This is a very timely initiative which I welcome.”