It was announced this week that Bank of Ireland is investing €1.7 million in communities nationwide through its National Enterprise Programme for 2018.
The programme, which aims to promote financial wellness and SME growth, supports businesses and communities across Ireland to grow and will culminate with the National Enterprise Town Awards night, taking place in November, which will reward towns, city villages or urban areas which are driving enterprise in their locality.
The €1.7 million programme was officially launched on Monday by Paschal Donohoe TD, Minister for Finance, Public Expenditure and Reform alongside Gavin Kelly, CEO, Retail Ireland, Bank of Ireland.
This year’s Enterprise Programme of activity, which started in early 2018, aims to assist in the promotion of enterprise across the country, by bringing business and community groups together through initiatives such as Enterprise Town, Enterprise Communities and National Enterprise Week.
Working with local authorities and their Local Enterprise Offices, local business groups and communities nationwide the Bank of Ireland National Enterprise Town Awards 2018 will aim to find the most enterprising town / city village / urban area in Ireland.
The towns/ city villages / urban areas will showcase the spirit of enterprise to a panel of judges between August and October of this year. With a total cash prize fund of €157,000, the overall national winner receives a total cash prize of €33,000 to invest into their locality.
Commenting on the initiative, Minister for Finance & Public Expenditure and Reform, Paschal Donohoe said, "I very much welcome initiatives like Bank of Ireland’s National Enterprise Programme, which provides support and recognition for this very important sector of the Irish economy. Awards in the tens of thousands of euro offer a great incentive for those with an enterprising and community minded spirit. I wish all entrants the very best of luck in their endeavours."