Dormant Accounts Fund (DAF)
The Dormant Accounts Fund (DAF) was established by legislation and enables unclaimed funds from accounts in credit institutions in Ireland to be used to support,
– the personal and social development of persons who are economically or socially disadvantaged
– the educational development of persons who are educationally disadvantaged
– persons with a disability (within the meaning of the Equal Status Act 2000)
Under the Dormant Accounts Act 2012, the Minister for Rural and Community Development is responsible for the processes by which Government approves measures and projects to which funding may be disbursed under DAF.
The Department of Rural and Community Development is required to prepare a three year DAF Disbursement Scheme that sets out the measures to be implemented under the Fund, and an annual Action Plan to give effect to the scheme.
DAF funded projects can access guidance material on the DAF portal.
Speedpak Group operates commercial businesses (Speedpak Contract Services www.speedpak.ie and Shamrock Rosettes www.shamrockrosettes.com) to support long term unemployed people get back to work by providing real work experience, accredited industry training, mentoring and tailored supports. The combination of trading and training transforms lives. Matching local talent with available…View Case Study