Ní Chuilín welcomes additional £27m Covid-19 funding | Latest Newry News, Newry Sport and Newry Business for Newry City

Ní Chuilín welcomes additional £27m Covid-19 funding

Communities Minister Carál Ní Chuilín has welcomed the Executive’s allocation of a further £17 million to bolster the sports, social enterprise and charities sectors as they continue to respond to the challenges of Covid-19.

 

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In addition, the 11 local councils will receive a further £10m, bringing their total allocation since the start of the crisis to over £85m.

 

 

The funding breakdown is as follows:

-£10m for the Sports Sustainability Fund

-£5m for the Covid-19 Charities Fund

-£2.25m for the Social Enterprise Fund

Minister Ní Chuilín commented, “I want to thank my Executive colleagues for considering the bids I submitted.

 

 

“This crucial funding will allow my Department to continue to provide essential support to the most vulnerable in our society.

“Councils have faced significant financial challenges as a result of the Covid-19 pandemic, and continued financial support from the Executive to alleviate these losses is critical to ensuring councils can positively contribute to the local economic, social and environmental recovery.

“In addition, councils will be appointing Covid-19 ambassadors to ensure the regulations are adhered to and will also be providing assistance with the revitalisation of town centres.”

 

 

Referring to the £10m allocations for the Sports Sustainability Fund, the Minister said, “The sports sector has suffered a significant blow as a result of the initial lockdown and further restrictions.

“It is having to deal with reduced membership subscriptions, limited or no gate receipts, reduced sponsorship, the cancellation of events and disruption to income-generating activities.

“This funding, in addition to the £15m announced last month, will go some way to safeguarding the sector, which makes a major contribution to the lives of individuals and communities – and will have a key role to play as we emerge from this crisis.

 

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“I am determined that this funding gets out to those individuals, clubs and governing bodies at the earliest opportunity.”

The £7m Social Enterprise Fund that closed at the end of October 2020 was heavily oversubscribed.

Thanks to the additional £2.25m Executive allocations, the remaining applications which met the criteria and were approved in principle, can now be processed.

Minister Ní Chuilín explained, “I am delighted that social enterprises whose ability to trade has been impacted in recent months, will now receive funding support to enable them to protect jobs and services at the heart of our communities.”

A further round of the Covid-19 Charities Fund will be opened to applications from charities impacted by the pandemic.

 

 

Commenting on the £11.7m funds, full details of which will be announced in December, the Minister said, “This additional funding will provide vital support to charities whose fundraising and trading has stopped or been curtailed because of this pandemic.

She adds, “The Covid-19 Charities Fund has a remaining budget of £6.7m which will be increased by £5m to £11.7m to ensure charities are supported.”

 

Keep up to date with the latest Northern Ireland business news, marketing tips and tricks and advice for local businesses on the Tall Paul Marketing website.

 

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Posted by on Nov 25 2020. Filed under Community. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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