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.

Pobal currently administers the following DAF funding measures that form part of the 2016 Action Plan.

Social Enterprise
  • The aim of this measure is to provide capital and capacity building funding to social enterprises that provide services to, or employment opportunities for, disadvantaged people, particularly in rural areas. Pobal administers this measure on behalf of the Department of Rural and Community Development.
Life after Caring
  • The aim of this measure is to support carers to cope with post care transitions and to participate as fully as possible in economic and social life. Pobal administers this measure on behalf of the Department of Employment Affairs and Social Protection.
Pre-activation supports for female refugees
  • The aim of this measure is to improve the employability of female refugees and the female family members of refugees, through the provision of intensive, short-term targeted supports that promote access to and participation in education, training, employment and self-employment. Pobal administers this measure on behalf of the Department of Justice and Equality.

A list of organisations funded under the above measures can be accessed here.

DAF funded projects can access guidance material on the DAF portal.


Resources

Dormant Accounts Fund

Programme Contact Details

Pobal Support

T. 01 511 7222
E. onlinesupport@pobal.ie