Social Innovation Fund Ireland

What Social Innovation Fund Ireland does

Social Innovation Fund Ireland, now operating as Rethink Ireland, is an Irish venture philanthropy organization (Rethink Ireland Limited, company no. 529841) founded in 2013 and headquartered in Dublin. The organization creates thematic grant funds — covering Education, Health, Social Enterprise, Equality, Green Transition, and Covid-19 Response — by pooling capital from the Government of Ireland, corporates, families, individuals, and foundations, and deploying that capital as cash grants combined with business-development supports to innovative non-profit organizations. The model explicitly pairs philanthropic capital with non-financial capacity building, distinguishing it from a pure grant-maker.

The organization does not develop proprietary technology products. Its core platform is the fund-management workflow: open application calls, due diligence, grant disbursement, grantee support, and impact reporting. Distribution to applicants is via open fund calls, partner referral networks, and direct outreach; distribution to donors is via the Innovators Circle, government co-funding arrangements, and named corporate partnerships (notably Deloitte Ireland on the Skills for Tomorrow Fund and Google on the AI For Good Fund). The organization has reported reaching over one million beneficiaries through supported innovations and publishes named case studies (iScoil, FoodCloud, Bounce Back Recycling, WALK, Amal Women's Association, among others). Revenue is philanthropic rather than commercial and is not disclosed in source data.

Name

Social Innovation Fund Ireland

Legal name

Rethink Ireland Limited

Website

https://socialinnovation.ie

Company type

Private

Founded year

2013

Operating status

Operating

Headcount range

1–10 employees

Short description

Social Innovation Fund Ireland, operating as Rethink Ireland, is a Dublin-based venture philanthropy organization that pools government, corporate, and philanthropic capital into thematic grant funds and provides cash grants plus business supports to innovative Irish non-profits across education, health, equality, and other social areas.

Ownership category

akta.pro rank

Product category

Venture Philanthropy / Social Innovation Grantmaking

NAICS

Grantmaking Foundations (813211), Grantmaking and Giving Services (81321)

SIC

Services-Social Services (8300)

akta.pro primary industry

Private Foundations (BPAGAKAA)

akta.pro secondary industries

Public Charities & Grantmaking Intermediaries (BPAGAKAE), Grantmaking & Philanthropic Funds (Institutional Donors) (BPADAOAB)

Keywords

• Venture philanthropy
• Social innovation grants
• Non-profit funding
• Impact philanthropy
• Charitable grantmaking

Headquarters

HQ city

Dublin

HQ country

Ireland

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Philanthropic Funding: The organization raises funds from government, companies, families, individuals, and foundations to create thematic grant funds for social innovations. As a charity/non-profit, revenue comes primarily from philanthropic contributions rather than commercial activities.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

Core offering

Rethink Ireland (previously Social Innovation Fund Ireland) is a venture philanthropy organisation that creates thematic grant funds in partnership with the Irish Government, corporates, families, individuals, and foundations. It awards cash grants and provides business supports to selected innovative non-profit organisations working on social and environmental challenges across Ireland. Its offering is essentially grant-making and capacity-building services, not a commercial product.

Product overview

Social Innovation Fund Ireland (now operating as Rethink Ireland) is a venture philanthropy organisation that does not offer a unified software product but rather manages a portfolio of grant-making funds and programs. Their core offering consists of multiple themed funds (Education, Health, Social Enterprise, Equality, Green Transition, Covid-19 Response) that provide cash grants and business supports to innovative non-profit organisations. Notable named funds include the Skills for Tomorrow Fund, AI For Good Fund, and the More for Limerick Social Enterprise Fund. The organisation acts as an intermediary, joining forces with the Irish Government, companies, families, individuals, and foundations to create funds that help social innovations develop and maximise their impact.

Differentiator

Problem solved

Functional benefit

Products and services

• Education Fund (Thematic Fund) Thematic grant fund under Rethink Ireland's venture philanthropy model providing cash grants and business supports to innovative non-profit organisations working in education in Ireland.
• Health Fund (Thematic Fund) Thematic grant fund under Rethink Ireland's venture philanthropy model providing cash grants and business supports to innovative non-profit organisations working in health in Ireland.
• Social Enterprise Fund (Thematic Fund) Thematic grant fund providing cash grants and business supports to social enterprises in Ireland as part of Rethink Ireland's venture philanthropy portfolio.
• Equality Fund (Thematic Fund) Thematic grant fund providing cash grants and business supports to innovative non-profits working on equality issues in Ireland.
• Green Transition Fund (Thematic Fund) Thematic grant fund providing cash grants and business supports to innovative non-profits working on green transition and environmental sustainability in Ireland.
• Covid-19 Response Fund (Thematic Fund) Thematic grant fund providing cash grants and business supports to non-profits addressing Covid-19 related social challenges in Ireland.
• Skills for Tomorrow Fund Named grant fund providing cash grants and business supports to social innovations focused on developing future skills, partnered with Deloitte Ireland.

Quantifiable outcome

• Reached over 1 million beneficiaries through supported innovations

Named customers10 records

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Three partnerships are on record, tiered core.

• Government of IrelandcoreStrategic or Co-development PartnerGovernment of Ireland is a key partner in the venture philanthropy model, providing co-funding for thematic grant funds and supporting the Social Innovation Growth Fund Ireland initiative.
• Deloitte IrelandcoreStrategic or Co-development PartnerDeloitte Ireland (represented by Lorraine Griffin, Social Impact Partner) partners with Rethink Ireland on funds like Skills for Tomorrow Fund, providing business expertise alongside funding.
• GooglecoreStrategic or Co-development PartnerGoogle (represented by Karen Stolberg, Managing Director for Google Customer Solutions UK&I) collaborates on the AI For Good Fund, supporting social innovations leveraging artificial intelligence.

Scale indicators2 records

Recent moves7 records

Expansion highlights5 records

Market position

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/sinnovationirl
• Facebookfacebook.com/socialinnovationfundireland
• LinkedInlinkedin.com/company/7592870
• Instagraminstagram.com/rethinkireland
• TikToktiktok.com/@rethinkireland

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Social Innovation Fund Ireland