Dun Laoghaire-Rathdown (DLR) Trust Fund - Helping New Businesses Get Off the Ground!
What is the Dun Laoghaire-Rathdown Trust Fund?
The Trust Fund is a charitable body which makes loans available to individuals or groups of individuals who wish to launch a new business but have had difficulty in accessing start-up finance from banks or government agencies.
The trust fund is specifically targeted at those people who are experiencing some form of disadvantage or a particular challenge. This might include, for example, a person with a disability, a member of a minority ethnic group or someone who has been unemployed for a period of time.
What's available?
The Trust Fund makes loans of €500 to €5,000, repayable over a period of one to three years. The loans are interest free, but an administraiton charge is applied to each loan. No security is required. The funds can be used towards any legitimate business expense, including working capital (the general cash rquired to operate your business especially in the first few months).
Who can Apply?
Applications are open to any individual or groups of individuals with a business idea which has been well researched and shaped into an outline business plan. Applicants must be able to demonstrate that:-
- They have already been refused funding from banks or state agencies
and
- They are experiencing some form of disadvantage or challenge (e.g. disability, unemployment)
Who Should I Contact?
The Dun Laoghaire-Rathdown Trust Fund is managed by Dun Laoghaire-Rathdown County Enterprise Board. An application form and guidelines on preparing a business plan will be made available to people who appear to be eligible for the loan fund. Each applicantion will then be assessed on its merits. Prospective applicants are asked to call our office prior to submitting an appliaction.
Upcoming Application Deadlines (2011):-
- Friday, May 27th
- Friday, June 24th
* NB - DLRCEB must receive completed application by no later than 4pm on these dates
Contact
Dun Laoghaire-Rathdown Trust Fund
Nutgrove Enterprise Park
Nutgrove Way
Rathfarnham
Dublin 14
Phone: (01) 494 8400
Fax: (01) 494 8410
Email: [email protected]