IPB has been active in the area of corporate social engagement since 2012, providing investment in communities to play our part in building a better Ireland. As a mutual whose Members serve their communities we are committed to playing our part in building a better Ireland.
The Social Enterprise Development Fund is a €1.6 million fund which is being delivered over two years; 2018 – 2020. The fund was created by Social Innovation Fund Ireland (SIFI) in partnership with IPB Insurance and the Department of Rural and Community Development.
The objective of the fund is to find and back social enterprises that have developed a project that adds to the social and economic fabric of their community by way of social impact. The fund will provide critical support to the most innovative and impactful projects proposed by social enterprises, helping them to increase their social impact, increase their traded income, create more jobs and develop long-term, effective and sustainable solutions across Ireland.
The IPB Pride of Place awards are held annually with over 100 communities across the island of Ireland recognised for their voluntary efforts in making their communities a better place and IPB continues to be the key sponsor of this important community event. Communities are nominated by their respective local authorities and entered into the competition, with Pride of Place judges visiting every nominated community to adjudicate their projects.
Since 2006, IPB and DCU have been working in partnership following the establishment of the IPB Insurance Access Scholarship initiative. The DCU access programme which is now the largest and most successful programme of its kind in Ireland aims to develop positive attitudes to education and help young people to remain at school, to encourage more students to consider third level education as a viable option for them and to support those students who do make it to third level to complete their course of study. In 2014, we continued our commitment to the scholarship programme and established a partnership with LIT, the first of its kind which promotes equitable access to and successful participation in higher education, supporting in particulate some of our Education and Training Board Members' schools.
Committed to protecting our Members and their communities, we have made funding available to grassroots groups and organisations that are at heart of every community. Since 2012 we have supported over 500 projects nationwide by investing over €10 million back to communities across Ireland. We believe in empowering local people to create lasting change in their communities and to support the continuation of volunteerism and local community support.