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You are here: Home / Innovation / Rethink Ireland – Driving Social Innovation and Impact Investment

Rethink Ireland – Driving Social Innovation and Impact Investment

Dated: April 8, 2026

Introduction

Rethink Ireland is a national nonprofit organization and social impact funder dedicated to supporting innovative solutions to Ireland’s social and environmental challenges. Established in 2016, it works by combining philanthropy, government funding, and private sector investment to scale high-impact initiatives across Ireland.

History and Background

Rethink Ireland was founded as part of the Irish government’s commitment to social innovation and inclusive development.

  • 2016: Official launch
  • Created to support early-stage and scaling social enterprises
  • Backed by the Government of Ireland and private donors

Since its inception, it has become a key player in Ireland’s impact investment ecosystem.

Mission and Purpose

The mission of Rethink Ireland is to:

  • Support social innovation and entrepreneurship
  • Promote equality, sustainability, and inclusion
  • Fund solutions addressing critical social challenges

It focuses on creating long-term systemic change through innovative approaches.

Governance and Structure

  • Operates as a nonprofit organization
  • Governed by a board of directors and expert panels
  • Works in partnership with government agencies, philanthropists, and businesses

This collaborative structure enables effective funding and scaling of projects.

Funding and Grant Activities

Rethink Ireland provides cash grants and non-financial support to social enterprises and nonprofits.

Key Funding Areas

  • Education and youth development
  • Health and well-being
  • Climate action and sustainability
  • Equality and social inclusion

Types of Support

  • Seed funding and growth capital
  • Capacity-building and mentoring
  • Business and strategic support

Funding programs are typically competitive and designed to support innovative, scalable solutions.

Programs and Initiatives

Social Innovation Funds

Targeted funds addressing specific issues such as homelessness, education inequality, and climate change.

Accelerator Programs

Support organizations in scaling their impact through training, mentorship, and networking.

Impact Measurement and Support

Helps funded organizations track outcomes and improve effectiveness.

Impact

Rethink Ireland has made a strong impact:

  • Supported hundreds of social enterprises and nonprofits
  • Invested millions of euros in social innovation
  • Improved outcomes in areas such as education, health, and environmental sustainability

Its work strengthens Ireland’s capacity to address complex social challenges.

Conclusion

Rethink Ireland is a leading force in promoting social innovation and impact investment. By funding and supporting transformative ideas, it continues to create meaningful change and build a more inclusive and sustainable society.

For more information, visit here.

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